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 0.000%

Price spread now: SunX against Gate−0.158%7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$880.878% of the position

Long on Gate Short on SunX

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)+0.028%+$3 · spread now −0.158%, 7d avg −0.107%

Together, before fees+0.072%+$7 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 0.051% cheaper against Gate than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	227.51	0	get 0.0000% / 8h	5h 48m	$7.2M	$9.2M	100x
Short	SunX NVDA-USDT	227.15	0	get 0.0000% / 8h	5h 48m	$3K	$3.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.158%Rate

Funding earned: $0
Price spread: −0.158% → −0.107%: −$5.09
Slippage, 4 orders: −$64.78
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SunX: 4 bp × 2 orders: −$8
Net: −$92.87
Costs to cover: 0.878%
Break-even: never at this rate

Slippage from Gate: live order book, 3 min ago; SunX: 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	0.22 bp	12.8 bp −$13	18.1 bp −$181	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	21.98 bp	26.0 bp −$26	55.8 bp −$558	doesn't fit	doesn't fit

NVDA on 35 exchanges

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	−0.1600%	1h	225.99	−0.668%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.54	+0.013%	$12.7M	$16.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.55	+0.018%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	227.51	long leg	$7.2M	$9.2M	100x
Bitget NVDAUSDT	0.0000%	8h	227.61	+0.044%	$15.7M	$16.1M	100x	as long as short
SunX NVDA-USDTshort	0.0000%	8h	227.15	−0.158%	$3K	$3.4M	20x
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.45	−0.026%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.51	0.000%	$199K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.55	+0.018%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.38	−0.058%	$118K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0019%	8h	227.47	−0.019%	$20K	$432K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.54	+0.011%	$2.1M	$3.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.40	−0.048%	$613K	$939K	10x	as long as short
Aster NVDAUSDT	+0.0038%	8h	227.55	+0.018%	$484K	$565K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.47	−0.018%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.73	+0.097%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.45	−0.026%	$149.0M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.48	−0.013%	$392K	$237K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.46	−0.022%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.36	−0.066%	$1.5M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0094%	1h	227.48	−0.015%	$478K	$210K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.41	−0.044%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.36	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.56	+0.022%	$36K	$19K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	227.69	+0.079%	$5.1M	$7.1M	20x	as long as short
Variational Omni NVDA	+0.0116%	8h	227.53	+0.007%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	227.56	+0.024%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0132%	8h	227.51	0.000%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.45	−0.466%	$1.3M	$657K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.50	−0.004%	$94K	$82K	20x	as long as short
Binance NVDAUSDT	+0.0170%	8h	227.56	+0.022%	$156.1M	$225.0M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.74	+0.101%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0288%	8h	227.59	+0.035%	$729K	$204K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.48	−0.013%	$384K	$704K	20x	as long as short
edgeX NVDAUSDC	+0.0913%	4h	227.49	−0.010%	$171K	$1.9M	20x	as long as short