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 0.000%

Price spread now: HTX against Gate+0.106%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$41as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$450.451% of the position

Long on Gate Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.044%+$4 on $10k

Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.106%, 7d avg +0.001%

Together, before fees−0.055%−$5 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 0.105% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	226.34	0	get 0.0000% / 8h	1h 43m	$7.2M	$9.8M	100x
Short	HTX NVDA-USDT	226.58	0	get 0.0000% / 8h	1h 43m	$198K	$454K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.106%Rate

Funding earned: $0
Price spread: +0.106% → +0.001%: $10.55
Slippage, 4 orders: −$18.1
Fee Gate: 7.5 bp × 2 orders: −$15
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.55
Costs to cover: 0.451%
Break-even: never at this rate

Slippage from Gate: live order book, 5 min ago; HTX: live order book, 65 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, 5 min ago	0.22 bp	12.9 bp −$13	22.2 bp −$222	doesn't fit	doesn't fit
Sell HTX live order book, 65 min ago	0.66 bp	11.3 bp −$11	11.9 bp −$119	37.2 bp −$3,723	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	226.38	+0.018%	$12.4M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.38	+0.018%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	226.34	long leg	$7.2M	$9.8M	100x
Bitget NVDAUSDT	0.0000%	8h	226.42	+0.035%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.42	+0.035%	$21K	$423K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.04	−0.133%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	226.58	+0.106%	$198K	$454K	30x
Phemex NVDAUSDT	0.0000%	4h	226.63	+0.128%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0002%	8h	226.39	+0.020%	$482K	$571K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.28	−0.025%	$117K	$52K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0018%	8h	226.33	−0.006%	$3.6M	$2.1M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.32	−0.009%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.41	+0.031%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.22	−0.053%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.30	−0.018%	$398K	$279K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.20	−0.062%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.13	−0.093%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.34	0.000%	$1.3M	$9.1M	10x	as long as short
Binance NVDAUSDT	+0.0088%	8h	226.41	+0.031%	$154.4M	$219.2M	50x	as long as short
Lighter NVDA	+0.0096%	1h	226.33	−0.006%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.20	−0.060%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.39	+0.022%	$1.6M	$748K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.21	−0.057%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.31	−0.013%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.35	+0.004%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.34	0.000%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.022%	$1.3M	$789K	10x	as long as short
Hotstuff NVDA-PERP	+0.0136%	1h	226.20	−0.062%	$35K	—	20x	as long as short
Nado NVDA-PERP	+0.0151%	1h	226.17	−0.073%	$480K	$226K	20x	as long as short
Lighter RH NVDA	+0.0168%	1h	226.46	+0.053%	$5.0M	$6.9M	20x	as long as short
BloFin NVDA-USDT	+0.0208%	8h	226.44	+0.044%	$716K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.74	+0.177%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0369%	1h	226.30	−0.018%	$52K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0456%	1h	226.15	−0.084%	$667K	$762K	10x	as long as short
edgeX NVDAUSDC	+0.0544%	4h	226.32	−0.007%	$170K	$1.9M	20x	as long as short