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 +0.017%

Price spread now: OKX against Gate+0.022%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$360.363% of the position

Long on Gate Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.197%+$20 on $10k

Price spread, last 7 days−0.020%−$2 · spread now +0.022%, 7d avg +0.024%

Together, before fees+0.177%+$18 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	226.72	0	get 0.0000% / 8h	2h 05m	$7.2M	$9.8M	100x
Short	OKX NVDA-USDT-SWAP	226.77	0	get 0.0000% / 8h	2h 05m	$14.2M	$20.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.022%Rate

Funding earned: $0
Price spread: +0.022% → +0.024%: −$0.17
Slippage, 4 orders: −$11.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee OKX: 5 bp × 2 orders: −$10
Net: −$36.42
Costs to cover: 0.363%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; OKX: 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 Gate live order book, 3 min ago	0.66 bp	11.7 bp −$12	19.6 bp −$196	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.22 bp	5.3 bp −$5	6.9 bp −$69	17.4 bp −$1,742	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
Aster NVDAUSDT	0.0000%	8h	226.65	−0.030%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.76	+0.018%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAPshort	0.0000%	8h	226.77	+0.022%	$14.2M	$20.5M	50x
Hotstuff NVDA-PERP	0.0000%	1h	226.62	−0.044%	$35K	—	20x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	226.72	long leg	$7.2M	$9.8M	100x
Bitget NVDAUSDT	0.0000%	8h	226.79	+0.031%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.80	+0.035%	$21K	$418K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.50	−0.097%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.78	+0.026%	$198K	$457K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.83	+0.049%	$2.2M	$42K	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	+0.0009%	8h	226.76	+0.016%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0010%	1h	226.53	−0.086%	$117K	$52K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.67	−0.022%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.72	0.000%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.86	+0.062%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.61	−0.049%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.69	−0.013%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.63	−0.040%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.56	−0.071%	$1.6M	$2.0M	15x	as long as short
Lighter NVDA	+0.0072%	1h	226.73	+0.005%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0082%	8h	226.78	+0.026%	$154.6M	$219.0M	50x	as long as short
Nado NVDA-PERP	+0.0084%	1h	226.64	−0.034%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.58	−0.061%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.69	−0.013%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.65	−0.031%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.74	+0.009%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.76	+0.018%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.73	+0.004%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	226.86	+0.062%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.190%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0147%	1h	226.68	−0.018%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	226.82	+0.044%	$711K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.95	+0.101%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0289%	4h	226.80	+0.035%	$171K	$1.9M	20x	as long as short
Extended NVDA_24_5-USD	+0.0368%	1h	226.57	−0.064%	$668K	$766K	10x	as long as short