Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.025%

Price spread now: HTX against Bitget0.000%7-day average −0.040% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$350.347% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.169%−$17 on $10k

Price spread, last 4 days (all we have)−0.185%−$18 · spread now 0.000%, 7d avg −0.040%

Together, before fees−0.353%−$35 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: HTX is 0.040% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.040%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	226.28	0	get 0.0000% / 8h	7h 18m	$15.7M	$16.0M	100x
Short	HTX NVDA-USDT	226.28	0	get 0.0000% / 8h	7h 18m	$198K	$436K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → −0.040%: $4.02
Slippage, 4 orders: −$10.71
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$30.69
Costs to cover: 0.347%
Break-even: never at this rate

Slippage from Bitget: live order book, 10 min ago; HTX: live order book, 15 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, 10 min ago	0.22 bp	7.7 bp −$8	10.8 bp −$108	29.0 bp −$2,905	doesn't fit
Sell HTX live order book, 15 min ago	0.22 bp	13.1 bp −$13	15.4 bp −$154	27.1 bp −$2,712	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	−0.0112%	1h	226.05	−0.102%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.23	−0.022%	$12.5M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.19	−0.040%	$14.1M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.18	−0.044%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	226.28	long leg	$15.7M	$16.0M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	226.24	−0.015%	$21K	$431K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.88	−0.177%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	226.28	0.000%	$198K	$436K	30x
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.066%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0010%	1h	225.98	−0.133%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.13	−0.065%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.01	−0.118%	$640K	$872K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.16	−0.053%	$392K	$739K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.29	+0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.04	−0.106%	$147.2M	$43.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.14	−0.062%	$391K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.04	−0.106%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.06	−0.097%	$1.6M	$1.9M	15x	as long as short
Aster NVDAUSDT	+0.0065%	8h	226.26	−0.007%	$483K	$544K	20x	as long as short
Nado NVDA-PERP	+0.0068%	1h	226.06	−0.095%	$480K	$221K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.23	−0.022%	$1.3M	$9.1M	10x	as long as short
Lighter RH NVDA	+0.0072%	1h	226.29	+0.004%	$5.1M	$7.2M	20x	as long as short
Variational Omni NVDA	+0.0090%	8h	226.27	−0.003%	$3.2M	$2.5M	—	as long as short
Pacifica NVDA	+0.0100%	1h	226.04	−0.106%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.02	−0.115%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.22	−0.027%	$36K	$20K	20x	as long as short
KuCoin NVDAUSDTM	+0.0107%	8h	226.24	−0.018%	$1.6M	$1.0M	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.22	−0.028%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.17	−0.049%	$1.3M	$682K	10x	as long as short
Binance NVDAUSDT	+0.0151%	8h	226.26	−0.008%	$155.1M	$222.3M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.13	−0.066%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.115%	$73K	$138	30x	as long as short
BloFin NVDA-USDT	+0.0271%	8h	226.23	−0.022%	$715K	$200K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0325%	1h	226.14	−0.062%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0910%	4h	226.21	−0.030%	$171K	$1.9M	20x	as long as short