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 +0.009%

Price spread now: Bitget against OKX+0.053%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$260.256% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.016%+$2 on $10k

Price spread, last 7 days−0.031%−$3 · spread now +0.053%, 7d avg +0.017%

Together, before fees−0.015%−$2 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: Bitget is 0.036% dearer against OKX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NVDA-USDT-SWAP	226.35	0	get 0.0000% / 8h	13m 47s	$14.1M	$20.3M	50x
Short	Bitget NVDAUSDT	226.47	0	get 0.0000% / 8h	13m 47s	$15.9M	$16.7M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now +0.053%Rate

Funding earned: $0
Price spread: +0.053% → +0.017%: $3.56
Slippage, 4 orders: −$3.55
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$21.99
Costs to cover: 0.256%
Break-even: never at this rate

Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 5 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 OKX live order book, 5 min ago	0.22 bp	5.9 bp −$6	6.9 bp −$69	17.7 bp −$1,774	doesn't fit
Sell Bitget live order book, 5 min ago	0.22 bp	7.5 bp −$7	11.2 bp −$112	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
Bybit NVDAUSDT	0.0000%	8h	226.38	+0.013%	$12.4M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAPlong	0.0000%	8h	226.35	long leg	$14.1M	$20.3M	50x
Hotstuff NVDA-PERP	0.0000%	1h	226.16	−0.084%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.34	−0.004%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDTshort	0.0000%	8h	226.47	+0.053%	$15.9M	$16.7M	100x
SunX NVDA-USDT	0.0000%	8h	225.94	−0.181%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.40	+0.022%	$198K	$443K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.63	+0.124%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	226.11	−0.104%	$117K	$50K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0035%	8h	226.32	−0.012%	$21K	$423K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.26	−0.040%	$392K	$738K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.35	0.000%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.19	−0.071%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.11	−0.106%	$1.6M	$1.9M	15x	as long as short
Aster NVDAUSDT	+0.0053%	8h	226.37	+0.009%	$482K	$530K	20x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.31	−0.018%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0077%	8h	226.31	−0.018%	$3.5M	$2.2M	—	as long as short
Polymarket Perps NVDA-USD	+0.0081%	1h	226.26	−0.040%	$391K	$247K	10x	as long as short
tradeXYZ xyz:NVDA	+0.0085%	1h	226.24	−0.049%	$147.0M	$43.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.16	−0.084%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.35	0.000%	$1.6M	$802K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.14	−0.093%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.31	−0.018%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.34	−0.005%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.115%	$1.3M	$697K	10x	as long as short
Binance NVDAUSDT	+0.0139%	8h	226.41	+0.025%	$155.3M	$219.8M	50x	as long as short
Lighter NVDA	+0.0160%	1h	226.34	−0.006%	$2.1M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0170%	1h	226.11	−0.105%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.19	−0.071%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.78	+0.190%	$73K	$139	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.47	+0.053%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0257%	8h	226.41	+0.027%	$713K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0344%	1h	226.12	−0.102%	$644K	$875K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0369%	1h	226.28	−0.031%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0800%	4h	226.35	+0.001%	$170K	$1.9M	20x	as long as short