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 +0.017%

Price spread now: OKX against HTX−0.018%7-day average +0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$310.311% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.153%+$15 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.018%, 7d avg +0.020%

Together, before fees+0.219%+$22 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: OKX is 0.037% 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 +0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX NVDA-USDT	226.94	0	get 0.0000% / 8h	2h 53m	$198K	$463K	30x
Short	OKX NVDA-USDT-SWAP	226.90	0	get 0.0000% / 8h	2h 53m	$14.3M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.018%Rate

Funding earned: $0
Price spread: −0.018% → +0.020%: −$3.74
Slippage, 4 orders: −$9.12
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$34.87
Costs to cover: 0.311%
Break-even: never at this rate

Slippage from HTX: live order book, 60 min ago; OKX: live order book, 5 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, 60 min ago	0.22 bp	8.2 bp −$8	9.7 bp −$97	18.1 bp −$1,815	doesn't fit
Sell OKX live order book, 5 min ago	0.22 bp	5.9 bp −$6	7.6 bp −$76	20.8 bp −$2,079	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	226.90	−0.017%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.91	−0.013%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAPshort	0.0000%	8h	226.90	−0.018%	$14.3M	$20.5M	50x
Gate NVDA_USDT	0.0000%	8h	226.88	−0.026%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.92	−0.009%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.86	−0.035%	$21K	$406K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.58	−0.159%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.85	−0.040%	$51K	$1.7M	10x	as long as short
HTX NVDA-USDTlong	0.0000%	8h	226.94	long leg	$198K	$463K	30x
Phemex NVDAUSDT	0.0000%	4h	226.89	−0.022%	$2.2M	$43K	10x	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	+0.0008%	1h	226.66	−0.121%	$117K	$53K	10x	as long as short
Variational Omni NVDA	+0.0013%	8h	226.84	−0.046%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.88	−0.028%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.75	−0.084%	$398K	$732K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.89	−0.022%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.01	+0.031%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.78	−0.071%	$147.3M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.86	−0.035%	$399K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.75	−0.084%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.57	−0.163%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0059%	1h	226.80	−0.061%	$482K	$226K	20x	as long as short
Binance NVDAUSDT	+0.0083%	8h	226.94	0.000%	$155.2M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.77	−0.073%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.85	−0.040%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.70	−0.106%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.90	−0.018%	$36K	$21K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.74	−0.088%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.89	−0.021%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.74	−0.088%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.07	+0.057%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.137%	$1.3M	$782K	10x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	226.96	+0.009%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.079%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0240%	1h	226.77	−0.073%	$668K	$767K	10x	as long as short
edgeX NVDAUSDC	+0.0853%	4h	226.81	−0.059%	$170K	$1.9M	20x	as long as short