Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.002%

Price spread now: HTX against GRVT−0.002%7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$37as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on GRVT Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.002%, 7d avg −0.018%

Together, before fees−0.075%+ Points / potential airdropGRVT: Active · farm board−$7 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	227.27	0	get 0.0000% / 8h	3h 24m	$20K	$394K	10x
Short	HTX NVDA-USDT	227.26	0	get 0.0000% / 8h	3h 24m	$197K	$462K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now −0.002%Rate

Funding earned: $0
Price spread: −0.002% → −0.018%: $1.56
Slippage, 4 orders: −$13.92
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$33.35
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from GRVT: live order book, 28 min ago; HTX: live order book, 29 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, 28 min ago	1.10 bp	7.4 bp −$7	9.4 bp −$94	doesn't fit	doesn't fit
Sell HTX live order book, 29 min ago	0.22 bp	11.5 bp −$12	12.3 bp −$123	23.4 bp −$2,335	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
Bybit NVDAUSDT	0.0000%	8h	227.09	−0.077%	$12.6M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.09	−0.077%	$14.3M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.03	−0.104%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.12	−0.064%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perplong	0.0000%	8h	227.27	long leg	$20K	$394K	10x
SunX NVDA-USDT	0.0000%	8h	226.66	−0.266%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.98	−0.126%	$49K	$1.7M	10x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.26	−0.002%	$197K	$462K	30x
Phemex NVDAUSDT	0.0000%	4h	227.29	+0.011%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0011%	8h	227.13	−0.058%	$482K	$569K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.07	−0.085%	$118K	$53K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.04	−0.100%	$2.1M	$3.3M	20x	as long as short
Variational Omni NVDA	+0.0037%	8h	227.11	−0.067%	$3.6M	$2.2M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.10	−0.073%	$398K	$738K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.04	−0.099%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.21	−0.024%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.94	−0.143%	$147.5M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.04	−0.099%	$400K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.97	−0.130%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.03	−0.104%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0055%	1h	226.96	−0.132%	$483K	$227K	20x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.93	−0.148%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0098%	8h	227.11	−0.068%	$155.6M	$216.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.98	−0.127%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.13	−0.060%	$1.6M	$728K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.07	−0.086%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.05	−0.095%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.06	−0.092%	—	—	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.20	−0.029%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.11	−0.068%	$1.3M	$782K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.02	−0.108%	$93K	$112K	20x	as long as short
Extended NVDA_24_5-USD	+0.0184%	1h	227.00	−0.117%	$672K	$780K	10x	as long as short
BloFin NVDA-USDT	+0.0218%	8h	227.15	−0.051%	$718K	$201K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.52	+0.112%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0414%	4h	227.23	−0.015%	$170K	$1.9M	20x	as long as short