Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0003%/8h= −0.3% APRpaid last 24h +0.032%

Price spread now: Bitget against Hotstuff+0.079%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.079% dearer against Hotstuff than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff NVDA-PERP	227.27	0.0040	pay 0.0005% / 1h	57m 19s	$35K	—	20x
Short	Bitget NVDAUSDT	227.45	0.0037	get 0.0037% / 8h	57m 19s	$15.6M	$17.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Hotstuff. 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 HotstuffbpFee BitgetbpOrdersPrice spread, now +0.079%Rate

Funding earned: −$0.63
Price spread: +0.079% → 0.000%: $7.92
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$9.71
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Bitget: live order book, 1 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Bitget live order book, 1 min ago	0.22 bp	7.2 bp −$7	10.3 bp −$103	doesn't fit	doesn't fit

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	227.42	+0.066%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.43	+0.070%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.42	+0.066%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.39	+0.053%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.44	+0.077%	$3.5M	$2.0M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.50	+0.101%	$20K	$428K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.90	−0.163%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.50	+0.101%	$198K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.47	+0.088%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0026%	1h	227.46	+0.086%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.23	−0.016%	$536K	$446K	10x	as long as short
Binance NVDAUSDT	+0.0032%	8h	227.44	+0.075%	$156.3M	$220.1M	50x	as long as short
Bitget NVDAUSDTshort	+0.0037%	8h	227.45	+0.079%	$15.6M	$17.7M	100x
Hotstuff NVDA-PERPlong	+0.0040%	1h	227.27	long leg	$35K	—	20x
Vest NVDA-USD-PERP	+0.0046%	1h	227.46	+0.084%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.28	+0.004%	$147.3M	$48.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.32	+0.022%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.27	0.000%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.28	+0.004%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.38	+0.048%	$1.6M	$11.4M	10x	as long as short
Phoenix NVDA	+0.0070%	1h	227.38	+0.048%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.42	+0.064%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.114%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.27	0.000%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.46	+0.084%	$1.6M	$747K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	+0.013%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.40	+0.057%	$36K	$22K	20x	as long as short
Nado NVDA-PERP	+0.0121%	1h	227.28	+0.005%	$483K	$227K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.27	0.000%	$400K	$723K	20x	as long as short
BloFin NVDA-USDT	+0.0128%	8h	227.44	+0.075%	$672K	$204K	20x	as long as short
Lighter RH NVDA	+0.0192%	1h	227.56	+0.128%	$5.0M	$7.2M	20x	as long as short
Lighter NVDA	+0.0208%	1h	227.46	+0.081%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.71	+0.194%	$73K	$134	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0234%	1h	227.37	+0.044%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0447%	4h	227.44	+0.076%	$170K	$1.9M	20x	as long as short