Funding arb · Price arb /

NVDA

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against SoDEX+0.084%7-day average — · you sell dearer than you buy

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

Long on SoDEX 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—needs both histories

The price spread pays, funding is against you. Gate is 0.084% dearer against SoDEX than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	226.75	0.0050	pay 0.0006% / 1h	52m 38s	$59K	$19K	10x
Short	Gate NVDA_USDT	226.94	0	get 0.0000% / 8h	2h 52m	$7.3M	$9.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now +0.084%Rate

Funding earned: −$10.5
Price spread: +0.084% → 0.000%: $8.38
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$25.12
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Gate: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	0.66 bp	11.4 bp −$11	18.9 bp −$189	doesn't fit	doesn't fit

SoDEX: 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	226.90	+0.065%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.95	+0.088%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.96	+0.093%	$14.3M	$20.5M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	226.94	+0.084%	$7.3M	$9.7M	100x
Bitget NVDAUSDT	0.0000%	8h	226.98	+0.101%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.86	+0.048%	$21K	$406K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.58	−0.075%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.85	+0.044%	$51K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.94	+0.084%	$198K	$463K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.89	+0.062%	$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	−0.037%	$117K	$53K	10x	as long as short
Variational Omni NVDA	+0.0013%	8h	226.84	+0.038%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.94	+0.082%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.78	+0.013%	$398K	$732K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.97	+0.097%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.01	+0.115%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.83	+0.035%	$147.4M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.86	+0.049%	$399K	$277K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	226.75	long leg	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.57	−0.079%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0056%	1h	226.86	+0.049%	$482K	$226K	20x	as long as short
Binance NVDAUSDT	+0.0082%	8h	226.99	+0.108%	$155.3M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	+0.036%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.88	+0.057%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.70	−0.022%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.90	+0.066%	$36K	$21K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.78	+0.013%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.89	+0.063%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.74	−0.004%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.10	+0.154%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.053%	$1.3M	$782K	10x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	226.96	+0.093%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.163%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0240%	1h	226.79	+0.020%	$668K	$767K	10x	as long as short
edgeX NVDAUSDC	+0.0853%	4h	226.81	+0.024%	$170K	$1.9M	20x	as long as short