Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%

Price spread now: Gate against SoDEX+0.057%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Gate is 0.057% dearer against SoDEX than usual: you sell high and buy low (spread +0.057% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	227.67	0.0050	pay 0.0006% / 1h	17m 28s	$58K	$19K	10x
Short	Gate NVDA_USDT	227.80	0	get 0.0000% / 8h	6h 17m	$7.2M	$9.6M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against SoDEX. 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 SoDEXbpFee GatebpOrdersPrice spread, now +0.057%Rate

Funding earned: −$10.5
Price spread: +0.057% → 0.000%: $5.71
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$27.79
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Gate live order book, 1 min ago	0.22 bp	13.5 bp −$13	21.5 bp −$215	doesn't fit	doesn't fit

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 34 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	227.78	+0.050%	$484K	$590K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.86	+0.083%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.88	+0.092%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDTshort	0.0000%	8h	227.80	+0.057%	$7.2M	$9.6M	100x
Bitget NVDAUSDT	0.0000%	8h	227.90	+0.101%	$15.4M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.29	−0.167%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	+0.127%	$198K	$495K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.91	+0.105%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.67	+0.001%	$118K	$54K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0020%	8h	227.82	+0.066%	$20K	$388K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0022%	8h	227.79	+0.054%	$3.5M	$2.0M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.68	+0.004%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.85	+0.079%	$1.4M	$10.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.98	+0.136%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.72	+0.022%	$148.1M	$44.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.82	+0.066%	$402K	$277K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.67	long leg	$58K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.67	0.000%	$1.6M	$2.0M	15x	as long as short
Hotstuff NVDA-PERP	+0.0056%	1h	227.74	+0.031%	$35K	—	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.092%	$1.3M	$786K	10x	as long as short
Nado NVDA-PERP	+0.0081%	1h	227.77	+0.044%	$484K	$229K	20x	as long as short
Binance NVDAUSDT	+0.0084%	8h	227.90	+0.099%	$156.4M	$215.8M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.73	+0.027%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.69	+0.009%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.81	+0.061%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.74	+0.031%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.82	+0.066%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.66	−0.004%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.90	+0.099%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0131%	8h	227.91	+0.105%	$1.6M	$736K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.03	+0.158%	$5.1M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0168%	1h	227.69	+0.011%	$689K	$714K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.09	+0.184%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0460%	4h	227.77	+0.043%	$170K	$1.9M	20x	as long as short