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 HTX−0.040%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$400.397% of the position

Long on HTX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)+0.065%+$7 · spread now −0.040%, 7d avg +0.005%

Together, before fees+0.021%+$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.044% cheaper against HTX than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.005%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NVDA-USDT	227.31	0	get 0.0000% / 8h	1h 42m	$202K	$523K	30x
Short	Gate NVDA_USDT	227.22	0	get 0.0000% / 8h	1h 42m	$7.2M	$9.5M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against HTX. 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 HTXbpFee GatebpOrdersPrice spread, now −0.040%Rate

Funding earned: $0
Price spread: −0.040% → +0.005%: −$4.43
Slippage, 4 orders: −$12.74
Fee HTX: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$44.17
Costs to cover: 0.397%
Break-even: never at this rate

Slippage from HTX: live order book, 41 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 HTX live order book, 41 min ago	0.22 bp	7.6 bp −$8	9.9 bp −$99	22.2 bp −$2,220	doesn't fit
Sell Gate live order book, 1 min ago	0.88 bp	11.2 bp −$11	22.3 bp −$223	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	227.23	−0.033%	$474K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.29	−0.011%	$156.2M	$220.4M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.24	−0.031%	$12.7M	$15.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.25	−0.026%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.22	−0.040%	$7.2M	$9.5M	100x
Variational Omni NVDA	0.0000%	8h	227.24	−0.029%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.27	−0.018%	$20K	$452K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.86	−0.198%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.18	−0.057%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDTlong	0.0000%	8h	227.31	long leg	$202K	$523K	30x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.26	−0.022%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.08	−0.103%	$118K	$55K	10x	as long as short
Bitget NVDAUSDT	+0.0019%	8h	227.28	−0.013%	$15.6M	$18.2M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.14	−0.075%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.24	−0.031%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.31	0.000%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.12	−0.084%	$147.1M	$50.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.18	−0.057%	$390K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.10	−0.092%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.06	−0.110%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0057%	1h	227.18	−0.057%	$483K	$227K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.12	−0.084%	$93K	$112K	20x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	227.13	−0.079%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.26	−0.024%	—	—	10x	as long as short
Lighter RH NVDA	+0.0096%	1h	227.42	+0.048%	$4.9M	$7.0M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.132%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.15	−0.072%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.25	−0.026%	$1.6M	$754K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.18	−0.057%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.24	−0.031%	$36K	$22K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.29	−0.010%	$2.1M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.30	−0.004%	$714K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.141%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.16	−0.066%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0514%	4h	227.26	−0.022%	$170K	$1.9M	20x	as long as short