Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against SunX+0.167%7-day average +0.101% · you sell dearer than you buy

Net, funding: paid 7d − costs−$92as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$880.877% of the position

Long on SunX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.051%−$5 · spread now +0.167%, 7d avg +0.101%

Together, before fees−0.095%−$10 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: Gate is 0.066% dearer against SunX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.101%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NVDA-USDT	227.06	0	get 0.0000% / 8h	3m 28s	$2K	$3.9M	20x
Short	Gate NVDA_USDT	227.44	0	get 0.0000% / 8h	3m 28s	$7.2M	$9.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.167%Rate

Funding earned: $0
Price spread: +0.167% → +0.101%: $6.59
Slippage, 4 orders: −$64.68
Fee SunX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$81.09
Costs to cover: 0.877%
Break-even: never at this rate

Slippage from SunX: live order book, 4 min ago; Gate: 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 SunX live order book, 4 min ago	21.99 bp	38.1 bp −$38	67.6 bp −$676	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	0.22 bp	11.7 bp −$12	19.9 bp −$199	doesn't fit	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	227.51	+0.199%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.50	+0.194%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.48	+0.185%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.44	+0.167%	$7.2M	$9.7M	100x
Variational Omni NVDA	0.0000%	8h	227.52	+0.204%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.55	+0.214%	$20K	$405K	10x	as long as short
SunX NVDA-USDTlong	0.0000%	8h	227.06	long leg	$2K	$3.9M	20x
HTX NVDA-USDT	0.0000%	8h	227.61	+0.242%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	+0.247%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	227.33	+0.118%	$118K	$56K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0023%	8h	227.49	+0.189%	$15.5M	$17.4M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.37	+0.137%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0037%	8h	227.51	+0.198%	$156.3M	$219.3M	50x	as long as short
Hotstuff NVDA-PERP	+0.0040%	1h	227.36	+0.132%	$35K	—	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.64	+0.255%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.34	+0.123%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.45	+0.172%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.40	+0.150%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.29	+0.101%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.50	+0.194%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.49	+0.189%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0061%	1h	227.39	+0.146%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.52	+0.202%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.022%	$1.3M	$842K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.36	+0.132%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.43	+0.163%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.48	+0.185%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.47	+0.181%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0112%	8h	227.48	+0.185%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.32	+0.115%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0144%	8h	227.49	+0.189%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0176%	1h	227.53	+0.205%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.65	+0.260%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.269%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0498%	4h	227.48	+0.184%	$171K	$1.9M	20x	as long as short