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 −0.024%

Price spread now: Bybit against Bitget−0.022%7-day average −0.026% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$260.265% of the position

Long on Bitget Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.119%−$12 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.022%, 7d avg −0.026%

Together, before fees−0.129%−$13 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.77	0	get 0.0000% / 8h	6h 43m	$15.4M	$16.7M	100x
Short	Bybit NVDAUSDT	227.72	0	get 0.0000% / 8h	6h 43m	$12.7M	$15.1M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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 BitgetbpFee BybitbpOrdersPrice spread, now −0.022%Rate

Funding earned: $0
Price spread: −0.022% → −0.026%: $0.37
Slippage, 4 orders: −$3.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$26.08
Costs to cover: 0.265%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; Bybit: 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 Bitget live order book, 5 min ago	0.22 bp	7.0 bp −$7	11.3 bp −$113	28.9 bp −$2,891	doesn't fit
Sell Bybit live order book, 4 min ago	0.22 bp	6.2 bp −$6	9.5 bp −$95	84.4 bp −$8,440	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.61	−0.070%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.76	−0.005%	$484K	$582K	20x	as long as short
Bybit NVDAUSDTshort	0.0000%	8h	227.72	−0.022%	$12.7M	$15.1M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.72	−0.022%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.67	−0.044%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.77	long leg	$15.4M	$16.7M	100x
SunX NVDA-USDT	0.0000%	8h	227.24	−0.233%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.79	+0.009%	$198K	$502K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.82	+0.022%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.57	−0.089%	$118K	$54K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0016%	8h	227.73	−0.018%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.53	−0.103%	$693K	$708K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.58	−0.083%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.74	−0.013%	$1.5M	$10.3M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.84	+0.031%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.58	−0.083%	$148.0M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.72	−0.022%	$402K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.61	−0.070%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.55	−0.097%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.136%	$1.3M	$789K	10x	as long as short
Nado NVDA-PERP	+0.0079%	1h	227.62	−0.067%	$484K	$230K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0082%	8h	227.75	−0.007%	$20K	$389K	10x	as long as short
Binance NVDAUSDT	+0.0083%	8h	227.73	−0.017%	$156.3M	$216.5M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.59	−0.079%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.57	−0.088%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.72	−0.022%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.66	−0.048%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.74	−0.014%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.69	−0.035%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0128%	1h	227.73	−0.017%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.86	+0.040%	$5.1M	$7.0M	20x	as long as short
KuCoin NVDAUSDTM	+0.0138%	8h	227.76	−0.004%	$1.6M	$737K	20x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	227.78	+0.004%	$723K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.96	+0.083%	$73K	$135	30x	as long as short
edgeX NVDAUSDC	+0.0713%	4h	227.68	−0.037%	$170K	$1.9M	20x	as long as short