Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0657%/8h= +71.9% APRpaid last 24h +0.113%

Price spread now: edgeX against Gate−0.022%97s7-day average −0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs+$57as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$400.405% of the position

Long on Gate Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.978%+$98 on $10k

Price spread, last 7 days+0.001%$0 · spread now −0.022%, 7d avg −0.018%

Together, before fees+0.979%+ Points / potential airdropedgeX: Active · farm board+$98 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate. The two prices were read 97 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	Gate NVDA_USDT	227.15	0	get 0.0000% / 8h	3h 31m	$7.2M	$9.1M	100x
Short	edgeX NVDAUSDC	227.10	0.0657	get 0.0328% / 4h	3h 31m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Gate. 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 GatebpFee edgeXbpOrdersPrice spread, now −0.022%Rate

Funding earned: $137.96
Price spread: −0.022% → −0.018%: −$0.44
Slippage, 4 orders: −$16.5
Fee Gate: 7.5 bp × 2 orders: −$15
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $97.03
Costs to cover: 0.405%
Break-even: 2.1 days

Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 3 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 Gate live order book, 3 min ago	0.66 bp	12.9 bp −$13	20.6 bp −$206	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	3.30 bp	8.2 bp −$8	13.3 bp −$133	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	227.23	+0.035%	$12.7M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.22	+0.031%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	227.15	long leg	$7.2M	$9.1M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.10	−0.023%	$20K	$488K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.75	−0.176%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.16	+0.004%	$49K	$1.4M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.14	−0.004%	$197K	$506K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.22	+0.031%	$2.2M	$41K	10x	as long as short
Variational Omni NVDA	+0.0008%	8h	227.18	+0.013%	$3.3M	$2.1M	—	as long as short
Aster NVDAUSDT	+0.0019%	8h	227.20	+0.022%	$480K	$543K	20x	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	+0.0023%	1h	227.11	−0.017%	$118K	$54K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.06	−0.039%	$526K	$350K	10x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.22	+0.031%	$1.6M	$11.3M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.27	+0.053%	—	$73K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.06	−0.040%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.10	−0.022%	$147.5M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.12	−0.013%	$398K	$220K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.07	−0.035%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.94	−0.092%	$1.6M	$2.0M	15x	as long as short
Binance NVDAUSDT	+0.0078%	8h	227.23	+0.034%	$156.1M	$216.3M	50x	as long as short
Nado NVDA-PERP	+0.0094%	1h	227.09	−0.028%	$478K	$216K	20x	as long as short
Lighter RH NVDA	+0.0096%	1h	227.38	+0.101%	$4.8M	$6.8M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.10	−0.024%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.21	+0.026%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.03	−0.053%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.17	+0.009%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.22	+0.031%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	227.13	−0.009%	$1.3M	$914K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.09	−0.026%	$93K	$112K	20x	as long as short
Bitget NVDAUSDT	+0.0152%	8h	227.23	+0.035%	$15.7M	$18.1M	100x	as long as short
Lighter NVDA	+0.0176%	1h	227.27	+0.054%	$2.1M	$3.3M	20x	as long as short
BloFin NVDA-USDT	+0.0198%	8h	227.22	+0.031%	$720K	$203K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.54	+0.172%	$73K	$129	30x	as long as short
Arcus NVDA-USD	+0.0487%	1h	227.16	+0.004%	$408K	$662K	20x	as long as short
edgeX NVDAUSDCshort	+0.0657%	4h	227.10	−0.022%	$170K	$1.9M	20x