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 −0.025%

Price spread now: SunX against Bitget−0.181%7-day average −0.146% · you buy dearer than you sell

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$82as in the Price arb table

costs, in and out, $10k−$780.784% of the position

Long on Bitget Short on SunX

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)+0.023%+$2 · spread now −0.181%, 7d avg −0.146%

Together, before fees−0.146%−$15 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: SunX is 0.035% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.146%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.07	0	get 0.0000% / 8h	3h 19m	$15.4M	$16.4M	100x
Short	SunX NVDA-USDT	226.66	0	get 0.0000% / 8h	3h 19m	$2K	$3.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.181%Rate

Funding earned: $0
Price spread: −0.181% → −0.146%: −$3.46
Slippage, 4 orders: −$58.35
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$81.81
Costs to cover: 0.784%
Break-even: never at this rate

Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 8 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, 4 min ago	0.22 bp	7.4 bp −$7	9.9 bp −$99	25.3 bp −$2,528	doesn't fit
Sell SunX live order book, 8 min ago	22.01 bp	26.0 bp −$26	55.6 bp −$556	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
Hotstuff NVDA-PERP	−0.0080%	1h	226.92	−0.066%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.03	−0.018%	$12.6M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.00	−0.031%	$14.3M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.95	−0.053%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.07	long leg	$15.4M	$16.4M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.10	+0.013%	$21K	$396K	10x	as long as short
SunX NVDA-USDTshort	0.0000%	8h	226.66	−0.181%	$2K	$3.7M	20x
HTX NVDA-USDT	0.0000%	8h	227.26	+0.084%	$197K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.26	+0.084%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0006%	8h	227.00	−0.030%	$482K	$569K	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	+0.0011%	1h	226.93	−0.060%	$118K	$53K	10x	as long as short
Variational Omni NVDA	+0.0029%	8h	227.08	+0.002%	$3.6M	$2.2M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.99	−0.037%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.01	−0.026%	$398K	$738K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.04	−0.013%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.12	+0.022%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.86	−0.092%	$147.4M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.01	−0.026%	$400K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.87	−0.088%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.79	−0.123%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0056%	1h	226.93	−0.061%	$483K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0092%	8h	227.02	−0.024%	$155.5M	$216.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.93	−0.063%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.03	−0.018%	$1.6M	$728K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.89	−0.079%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.98	−0.040%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.03	−0.016%	—	—	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.15	+0.035%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.11	+0.018%	$1.3M	$782K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.02	−0.022%	$93K	$112K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0191%	1h	226.99	−0.035%	$49K	$1.7M	10x	as long as short
Extended NVDA_24_5-USD	+0.0192%	1h	226.83	−0.103%	$672K	$765K	10x	as long as short
BloFin NVDA-USDT	+0.0212%	8h	227.15	+0.035%	$718K	$201K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.52	+0.198%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0326%	4h	227.00	−0.032%	$170K	$1.9M	20x	as long as short