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 +0.009%

Price spread now: Bitget against OKX+0.044%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.044%, 7d avg +0.017%

Together, before fees−0.006%−$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.027% dearer against OKX than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NVDA-USDT-SWAP	226.30	0	get 0.0000% / 8h	35m 43s	$14.1M	$20.5M	50x
Short	Bitget NVDAUSDT	226.40	0	get 0.0000% / 8h	35m 43s	$15.8M	$16.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.044%Rate

Funding earned: $0
Price spread: +0.044% → +0.017%: $2.68
Slippage, 4 orders: −$2.25
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.57
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from OKX: live order book, 3 min ago; Bitget: 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 OKX live order book, 3 min ago	0.22 bp	5.6 bp −$6	7.7 bp −$77	16.4 bp −$1,636	doesn't fit
Sell Bitget live order book, 3 min ago	0.22 bp	6.6 bp −$7	10.9 bp −$109	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	226.34	+0.018%	$12.4M	$14.3M	100x	as long as short
OKX NVDA-USDT-SWAPlong	0.0000%	8h	226.30	long leg	$14.1M	$20.5M	50x
Gate NVDA_USDT	0.0000%	8h	226.30	0.000%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDTshort	0.0000%	8h	226.40	+0.044%	$15.8M	$16.6M	100x
SunX NVDA-USDT	0.0000%	8h	225.96	−0.150%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.44	+0.062%	$198K	$445K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.61	+0.137%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0018%	1h	226.16	−0.062%	$117K	$51K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0021%	8h	226.37	+0.030%	$22K	$428K	10x	as long as short
Aster NVDAUSDT	+0.0037%	8h	226.34	+0.018%	$482K	$530K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.30	0.000%	$392K	$740K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.43	+0.057%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.23	−0.031%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.15	−0.066%	$1.6M	$1.9M	15x	as long as short
Variational Omni NVDA	+0.0061%	8h	226.29	−0.004%	$3.5M	$2.3M	—	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.33	+0.013%	$1.3M	$9.0M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0090%	1h	226.21	−0.040%	$146.9M	$43.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0093%	1h	226.32	+0.009%	$391K	$247K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.17	−0.057%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.39	+0.040%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.049%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.32	+0.009%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.35	+0.024%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.093%	$1.3M	$699K	10x	as long as short
Binance NVDAUSDT	+0.0123%	8h	226.35	+0.022%	$154.4M	$218.5M	50x	as long as short
Hotstuff NVDA-PERP	+0.0160%	1h	226.25	−0.022%	$35K	—	20x	as long as short
Lighter NVDA	+0.0176%	1h	226.29	−0.004%	$2.1M	$3.2M	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.20	−0.044%	$93K	$83K	20x	as long as short
Nado NVDA-PERP	+0.0178%	1h	226.21	−0.041%	$480K	$223K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.00	+0.309%	$73K	$137	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.24	−0.027%	$53K	$1.8M	10x	as long as short
Lighter RH NVDA	+0.0240%	1h	226.45	+0.066%	$5.1M	$6.9M	20x	as long as short
BloFin NVDA-USDT	+0.0242%	8h	226.38	+0.035%	$709K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0336%	1h	226.14	−0.071%	$644K	$875K	10x	as long as short
edgeX NVDAUSDC	+0.0527%	4h	226.32	+0.010%	$170K	$1.9M	20x	as long as short