Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: GRVT against Vest−0.011%63s7-day average — · you buy dearer than you sell

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

Long on Vest Short on GRVT

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—+ Points / potential airdropVest: Active · GRVT: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NVDA-USD-PERP	227.56	0.0046	pay 0.0006% / 1h	20m 06s	—	$73K	25x
Short	GRVT NVDA_USDT_Perp	227.54	0	get 0.0000% / 8h	1h 20m	$20K	$435K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Vest. 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 VestbpFee GRVTbpOrdersPrice spread, now −0.011%Rate

Funding earned: −$9.59
Price spread: −0.011% → 0.000%: −$1.06
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$21.65
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; GRVT: live order book, 62 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 Vest no order-book sample	—	—	—	—	—
Sell GRVT live order book, 62 min ago	1.10 bp	7.6 bp −$8	9.9 bp −$99	doesn't fit	doesn't fit

Vest: 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
Hotstuff NVDA-PERP	−0.0024%	1h	227.37	−0.083%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.49	−0.031%	$474K	$578K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.54	−0.009%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.52	−0.018%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.47	−0.040%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.55	−0.006%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perpshort	0.0000%	8h	227.54	−0.011%	$20K	$435K	10x
SunX NVDA-USDT	0.0000%	8h	227.06	−0.220%	$3K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.59	+0.013%	$198K	$528K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.52	−0.018%	$2.2M	$42K	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	+0.0016%	1h	227.51	−0.021%	$118K	$54K	10x	as long as short
Binance NVDAUSDT	+0.0018%	8h	227.55	−0.005%	$156.3M	$220.7M	50x	as long as short
edgeX NVDAUSDC	+0.0025%	4h	227.47	−0.037%	$170K	$1.9M	20x	as long as short
Bitget NVDAUSDT	+0.0026%	8h	227.56	0.000%	$15.6M	$17.7M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.34	−0.094%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.50	−0.026%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERPlong	+0.0046%	1h	227.56	long leg	—	$73K	25x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.36	−0.088%	$147.3M	$49.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.41	−0.066%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.37	−0.083%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.28	−0.123%	$1.6M	$2.1M	15x	as long as short
BloFin NVDA-USDT	+0.0064%	8h	227.49	−0.031%	$715K	$204K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.42	−0.062%	$94K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.51	−0.022%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0094%	1h	227.37	−0.084%	$484K	$227K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.242%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.39	−0.075%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.58	+0.009%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.34	−0.097%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.51	−0.022%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.43	−0.057%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0160%	1h	227.66	+0.044%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.56	−0.002%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.08	+0.229%	$73K	$137	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.35	−0.092%	$400K	$723K	20x	as long as short