Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against Gate−0.031%7-day average −0.089% · you buy dearer than you sell

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

Long on Gate Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.146%+$15 on $10k

Price spread, last 7 days−0.060%−$6 · spread now −0.031%, 7d avg −0.089%

Together, before fees+0.085%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.089%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	226.63	0	get 0.0000% / 8h	2h 03m	$7.2M	$9.8M	100x
Short	Ondo Perps NVDA-USD.P	226.56	0.0050	get 0.0006% / 1h	3m 24s	$1.6M	$2.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps 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 Ondo PerpsbpOrdersPrice spread, now −0.031%Rate

Funding earned: $10.58
Price spread: −0.031% → −0.089%: $5.83
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$3.58
Costs to cover: 0.200%
Break-even: 9.4 days

Slippage unknown: Gate: live order book, 5 min ago; Ondo Perps: no order-book sample. 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 Gate live order book, 5 min ago	0.66 bp	11.7 bp −$12	19.6 bp −$196	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Aster NVDAUSDT	0.0000%	8h	226.59	−0.016%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.63	0.000%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.67	+0.018%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	226.63	long leg	$7.2M	$9.8M	100x
Bitget NVDAUSDT	0.0000%	8h	226.69	+0.026%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.82	+0.084%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.39	−0.106%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.71	+0.035%	$198K	$456K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.77	+0.062%	$2.2M	$42K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.76	+0.055%	$3.6M	$2.1M	—	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	+0.0010%	1h	226.56	−0.031%	$117K	$52K	10x	as long as short
Hotstuff NVDA-PERP	+0.0032%	1h	226.58	−0.022%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.64	+0.004%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.61	−0.009%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.75	+0.053%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.52	−0.049%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.59	−0.018%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.53	−0.044%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.Pshort	+0.0050%	1h	226.56	−0.031%	$1.6M	$2.0M	15x
Lighter NVDA	+0.0072%	1h	226.61	−0.011%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.67	+0.018%	$154.5M	$219.1M	50x	as long as short
Nado NVDA-PERP	+0.0085%	1h	226.52	−0.051%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.47	−0.070%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.70	+0.031%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.59	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.63	0.000%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.64	+0.005%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.65	+0.009%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	226.75	+0.053%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.150%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	226.73	+0.044%	$710K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.95	+0.141%	$73K	$140	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.58	−0.022%	$53K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0368%	1h	226.45	−0.079%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0414%	4h	226.75	+0.051%	$171K	$1.9M	20x	as long as short