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 +0.025%

Price spread now: Bitget against SunX+0.251%7-day average +0.144% · you sell dearer than you buy

Net, funding: paid 7d − costs−$62as in the Funding arb table

Net, price: spread back to 7d avg − costs−$68as in the Price arb table

costs, in and out, $10k−$790.786% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 3 days (all we have)−0.111%−$11 · spread now +0.251%, 7d avg +0.144%

Together, before fees+0.058%+$6 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: Bitget is 0.107% dearer against SunX than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.144%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NVDA-USDT	227.34	0	get 0.0000% / 8h	6h 29m	$2K	$3.8M	20x
Short	Bitget NVDAUSDT	227.91	0	get 0.0000% / 8h	6h 29m	$15.4M	$16.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.251%Rate

Funding earned: $0
Price spread: +0.251% → +0.144%: $10.69
Slippage, 4 orders: −$58.57
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$67.89
Costs to cover: 0.786%
Break-even: never at this rate

Slippage from SunX: live order book, 8 min ago; Bitget: live order book, 4 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 SunX live order book, 8 min ago	21.97 bp	38.1 bp −$38	67.5 bp −$675	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.22 bp	7.1 bp −$7	10.1 bp −$101	doesn't fit	doesn't fit

NVDA on 34 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	227.81	+0.209%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.90	+0.246%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.89	+0.242%	$14.4M	$20.3M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.69	+0.154%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.80	+0.202%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDTshort	0.0000%	8h	227.91	+0.251%	$15.4M	$16.3M	100x
SunX NVDA-USDTlong	0.0000%	8h	227.34	long leg	$2K	$3.8M	20x
HTX NVDA-USDT	0.0000%	8h	227.75	+0.180%	$198K	$497K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.86	+0.229%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	227.58	+0.107%	$118K	$54K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0017%	8h	227.76	+0.185%	$3.5M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	+0.0025%	8h	227.75	+0.182%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.66	+0.141%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.88	+0.238%	$1.5M	$10.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.91	+0.251%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.76	+0.185%	$148.1M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.80	+0.202%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.69	+0.154%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.67	+0.145%	$1.5M	$2.0M	15x	as long as short
Extended NVDA_24_5-USD	+0.0064%	1h	227.68	+0.150%	$688K	$714K	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	+0.053%	$1.3M	$787K	10x	as long as short
Nado NVDA-PERP	+0.0075%	1h	227.70	+0.158%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	227.92	+0.255%	$156.4M	$216.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.71	+0.164%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.65	+0.136%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.84	+0.220%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.83	+0.215%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.67	+0.145%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.88	+0.239%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0129%	8h	227.81	+0.207%	$1.6M	$738K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.99	+0.286%	$5.1M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0189%	1h	227.78	+0.194%	$49K	$1.5M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.277%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0606%	4h	227.77	+0.187%	$170K	$1.9M	20x	as long as short