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: HTX against OKX+0.022%7-day average −0.018% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$300.302% of the position

Long on OKX Short on HTX

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)−0.028%−$3 · spread now +0.022%, 7d avg −0.018%

Together, before fees−0.181%−$18 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: HTX is 0.040% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NVDA-USDT-SWAP	226.35	0	get 0.0000% / 8h	12m 04s	$14.1M	$20.4M	50x
Short	HTX NVDA-USDT	226.40	0	get 0.0000% / 8h	12m 04s	$198K	$442K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against OKX. 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 OKXbpFee HTXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → −0.018%: $4.01
Slippage, 4 orders: −$8.16
Fee OKX: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$26.15
Costs to cover: 0.302%
Break-even: never at this rate

Slippage from OKX: live order book, 1 min ago; HTX: live order book, 26 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 OKX live order book, 1 min ago	0.22 bp	5.8 bp −$6	7.8 bp −$78	16.9 bp −$1,686	doesn't fit
Sell HTX live order book, 26 min ago	0.22 bp	11.6 bp −$12	13.2 bp −$132	16.8 bp −$1,679	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	226.34	−0.004%	$12.4M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAPlong	0.0000%	8h	226.35	long leg	$14.1M	$20.4M	50x
Gate NVDA_USDT	0.0000%	8h	226.34	−0.004%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.41	+0.027%	$15.9M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.01	−0.150%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	226.40	+0.022%	$198K	$442K	30x
Phemex NVDAUSDT	0.0000%	4h	226.63	+0.124%	$2.2M	$42K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	226.26	−0.040%	$35K	—	20x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.12	−0.100%	$117K	$51K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0039%	8h	226.32	−0.015%	$21K	$423K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.30	−0.022%	$392K	$738K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.43	+0.035%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.21	−0.062%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.080%	$1.6M	$1.9M	15x	as long as short
Aster NVDAUSDT	+0.0055%	8h	226.36	+0.004%	$482K	$530K	20x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.39	+0.018%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0077%	8h	226.31	−0.018%	$3.5M	$2.2M	—	as long as short
Polymarket Perps NVDA-USD	+0.0082%	1h	226.37	+0.009%	$391K	$247K	10x	as long as short
tradeXYZ xyz:NVDA	+0.0086%	1h	226.18	−0.075%	$146.9M	$43.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.24	−0.049%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.38	+0.013%	$1.6M	$811K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.09	−0.115%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.33	−0.009%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.37	+0.010%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.115%	$1.3M	$697K	10x	as long as short
Binance NVDAUSDT	+0.0141%	8h	226.35	+0.002%	$155.3M	$219.9M	50x	as long as short
Lighter NVDA	+0.0160%	1h	226.31	−0.019%	$2.1M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0170%	1h	226.21	−0.064%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.29	−0.027%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.78	+0.190%	$73K	$139	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.44	+0.040%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0259%	8h	226.49	+0.062%	$712K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	226.08	−0.119%	$644K	$875K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0413%	1h	226.27	−0.035%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0539%	4h	226.32	−0.015%	$170K	$1.9M	20x	as long as short