Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0038%/8h= −4.2% APRpaid last 24h −0.009%

Price spread now: GRVT against SoDEX+0.074%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 GRVT

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.074% dearer against SoDEX than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	227.22	0.0050	pay 0.0006% / 1h	56m 27s	$59K	$16K	10x
Short	GRVT NVDA_USDT_Perp	227.39	0.0012	get 0.0012% / 8h	5h 56m	$20K	$432K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.074%Rate

Funding earned: −$7.98
Price spread: +0.074% → 0.000%: $7.36
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$17.62
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; GRVT: live order book, 54 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 GRVT live order book, 54 min ago	1.32 bp	7.1 bp −$7	11.4 bp −$114	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 exchanges

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
Hotstuff NVDA-PERP	−0.1600%	1h	225.99	−0.541%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.39	+0.075%	$12.8M	$15.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.39	+0.075%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.31	+0.040%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.43	+0.092%	$15.6M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.93	−0.128%	$3K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.22	0.000%	$17K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.46	+0.106%	$199K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.42	+0.088%	$2.2M	$41K	10x	as long as short
GRVT NVDA_USDT_Perpshort	+0.0012%	8h	227.39	+0.074%	$20K	$432K	10x

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0012%	1h	227.23	+0.006%	$118K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.29	+0.033%	$2.1M	$3.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.17	−0.020%	$613K	$940K	10x	as long as short
Aster NVDAUSDT	+0.0037%	8h	227.25	+0.013%	$483K	$566K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.35	+0.057%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.136%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.23	+0.004%	$148.6M	$45.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.26	+0.018%	$393K	$241K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.22	long leg	$59K	$16K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.08	−0.062%	$1.5M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0056%	1h	227.45	+0.101%	$5.1M	$7.1M	20x	as long as short
Nado NVDA-PERP	+0.0082%	1h	227.24	+0.008%	$478K	$210K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.19	−0.015%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.22	0.000%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.30	+0.035%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.26	+0.018%	$93K	$82K	20x	as long as short
Variational Omni NVDA	+0.0108%	8h	227.26	+0.018%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	227.34	+0.054%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0129%	8h	227.30	+0.035%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.45	−0.339%	$1.3M	$657K	10x	as long as short
Binance NVDAUSDT	+0.0162%	8h	227.38	+0.070%	$156.0M	$224.7M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.53	+0.136%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0282%	8h	227.40	+0.079%	$726K	$203K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.31	+0.040%	$384K	$704K	20x	as long as short
edgeX NVDAUSDC	+0.0602%	4h	227.24	+0.008%	$171K	$1.9M	20x	as long as short