Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.005%

Price spread now: Pacifica against Bitget−0.059%7-day average −0.073% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$32as in the Price arb table

costs, in and out, $10k−$330.333% of the position

Long on Bitget Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.059%, 7d avg −0.073%

Together, before fees+0.121%+ Points / potential airdropPacifica: Active · farm board+$12 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.073%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.32	0	get 0.0000% / 8h	3h 27m	$15.4M	$16.4M	100x
Short	Pacifica NVDA	227.19	0.0100	get 0.0013% / 1h	27m 56s	$298K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.059%Rate

Funding earned: $21
Price spread: −0.059% → −0.073%: $1.37
Slippage, 4 orders: −$13.3
Fee Bitget: 6 bp × 2 orders: −$12
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$10.93
Costs to cover: 0.333%
Break-even: 10.6 days

Slippage from Bitget: live order book, 1 min ago; Pacifica: live order book, 25 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, 1 min ago	0.22 bp	6.9 bp −$7	9.9 bp −$99	28.9 bp −$2,886	doesn't fit
Sell Pacifica live order book, 25 min ago	1.98 bp	8.5 bp −$8	doesn't fit	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
Bybit NVDAUSDT	0.0000%	8h	227.25	−0.031%	$12.6M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.24	−0.035%	$14.3M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.24	−0.035%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.32	long leg	$15.4M	$16.4M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.26	−0.026%	$20K	$394K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.89	−0.189%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.19	−0.057%	$49K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.36	+0.018%	$197K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.39	+0.031%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	227.08	−0.103%	$118K	$53K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0014%	8h	227.20	−0.054%	$482K	$569K	20x	as long as short
Lighter NVDA	+0.0040%	1h	227.25	−0.030%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.14	−0.079%	$399K	$738K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.26	−0.026%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0043%	8h	227.27	−0.024%	$3.6M	$2.2M	—	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.38	+0.026%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.13	−0.084%	$147.6M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.22	−0.044%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.14	−0.079%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.99	−0.145%	$1.6M	$2.0M	15x	as long as short
Hotstuff NVDA-PERP	+0.0056%	1h	227.13	−0.084%	$35K	—	20x	as long as short
Nado NVDA-PERP	+0.0056%	1h	227.19	−0.058%	$483K	$227K	20x	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.19	−0.059%	$298K	$50K	10x
KuCoin NVDAUSDTM	+0.0100%	8h	227.27	−0.022%	$1.6M	$728K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.14	−0.079%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.24	−0.035%	$36K	$21K	20x	as long as short
Binance NVDAUSDT	+0.0101%	8h	227.29	−0.012%	$155.8M	$216.2M	50x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.26	−0.028%	—	—	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.42	+0.044%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.11	−0.092%	$1.3M	$782K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.19	−0.057%	$93K	$112K	20x	as long as short
Extended NVDA_24_5-USD	+0.0192%	1h	227.10	−0.095%	$672K	$780K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.61	+0.128%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0222%	8h	227.26	−0.026%	$720K	$201K	20x	as long as short
edgeX NVDAUSDC	+0.0750%	4h	227.21	−0.046%	$170K	$1.9M	20x	as long as short