Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.020%

Price spread now: Gate against Hotstuff+0.009%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 Gate

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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff NVDA-PERP	227.69	0	get 0.0000% / 1h	28m 56s	$35K	—	20x
Short	Gate NVDA_USDT	227.71	0	get 0.0000% / 8h	6h 28m	$7.2M	$9.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.009%Rate

Funding earned: $0
Price spread: +0.009% → 0.000%: $0.88
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$19.12
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: Hotstuff: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago	1.10 bp	11.4 bp −$11	20.8 bp −$208	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 34 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	227.81	+0.053%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.77	+0.035%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.79	+0.044%	$14.4M	$20.3M	50x	as long as short
Hotstuff NVDA-PERPlong	0.0000%	1h	227.69	long leg	$35K	—	20x
Gate NVDA_USDTshort	0.0000%	8h	227.71	+0.009%	$7.2M	$9.6M	100x
Bitget NVDAUSDT	0.0000%	8h	227.80	+0.048%	$15.4M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.43	−0.114%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.88	+0.083%	$198K	$497K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.92	+0.101%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	227.61	−0.037%	$118K	$54K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0017%	8h	227.76	+0.031%	$3.5M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	+0.0025%	8h	227.75	+0.028%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.66	−0.013%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.88	+0.083%	$1.5M	$10.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.97	+0.123%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.66	−0.013%	$148.1M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.84	+0.066%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.67	−0.009%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.67	−0.009%	$1.5M	$2.0M	15x	as long as short
Extended NVDA_24_5-USD	+0.0072%	1h	227.63	−0.029%	$689K	$714K	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.101%	$1.3M	$787K	10x	as long as short
Nado NVDA-PERP	+0.0076%	1h	227.75	+0.028%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	227.79	+0.044%	$156.3M	$216.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.71	+0.010%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.65	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.84	+0.066%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.83	+0.060%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.74	+0.022%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.79	+0.042%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0129%	8h	227.82	+0.057%	$1.6M	$738K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.90	+0.092%	$5.1M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0189%	1h	227.78	+0.040%	$49K	$1.5M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.123%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0606%	4h	227.77	+0.033%	$170K	$1.9M	20x	as long as short