Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against GRVT−0.010%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on GRVT Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.072%−$7 on $10k

Price spread, last 3 days (all we have)−0.026%−$3 · spread now −0.010%, 7d avg −0.012%

Together, before fees−0.098%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NVDA_USDT_Perp	227.08	0	get 0.0000% / 8h	2h 33m	$21K	$470K	10x
Short	Gate NVDA_USDT	227.06	0	get 0.0000% / 8h	2h 33m	$7.2M	$9.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GRVTbpFee GatebpOrdersPrice spread, now −0.010%Rate

Funding earned: $0
Price spread: −0.010% → −0.012%: $0.18
Slippage, 4 orders: −$11.77
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$35.58
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from GRVT: live order book, 54 min ago; Gate: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy GRVT live order book, 54 min ago	1.54 bp	6.0 bp −$6	7.6 bp −$76	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	0.66 bp	12.5 bp −$12	23.4 bp −$234	doesn't fit	doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	0.0000%	8h	226.98	−0.046%	$473K	$550K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.05	−0.014%	$12.6M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.08	−0.001%	$14.3M	$21.2M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.06	−0.010%	$7.2M	$9.4M	100x
Variational Omni NVDA	0.0000%	8h	227.07	−0.007%	$3.4M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perplong	0.0000%	8h	227.08	long leg	$21K	$470K	10x
SunX NVDA-USDT	0.0000%	8h	226.76	−0.142%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.99	−0.041%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.21	+0.056%	$202K	$529K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.10	+0.008%	$2.2M	$41K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NVDAUSDT	+0.0005%	8h	227.09	+0.003%	$156.2M	$220.2M	50x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.97	−0.049%	$118K	$54K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	226.97	−0.050%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0018%	8h	227.11	+0.012%	$713K	$205K	20x	as long as short
QFEX NVDA-USD	+0.0030%	1h	227.07	−0.006%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.16	+0.034%	$4.8M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.93	−0.067%	$523K	$406K	10x	as long as short
Nado NVDA-PERP	+0.0040%	1h	227.00	−0.036%	$487K	$223K	20x	as long as short
edgeX NVDAUSDC	+0.0045%	4h	227.08	−0.002%	$170K	$1.9M	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.24	+0.069%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.93	−0.067%	$147.0M	$50.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.05	−0.014%	$390K	$235K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.97	−0.050%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.87	−0.094%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	226.97	−0.050%	$93K	$112K	20x	as long as short
Bitget NVDAUSDT	+0.0071%	8h	227.11	+0.012%	$15.5M	$18.3M	100x	as long as short
Lighter NVDA	+0.0072%	1h	227.08	−0.003%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.07	−0.006%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.98	−0.043%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.09	+0.003%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.96	−0.054%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.04	−0.019%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.95	−0.058%	$1.3M	$909K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.30	+0.096%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.08	−0.001%	$395K	$683K	20x	as long as short