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 +0.025%

Price spread now: Bitget against SunX+0.194%7-day average +0.145% · you sell dearer than you buy

Net, funding: paid 7d − costs−$61as in the Funding arb table

Net, price: spread back to 7d avg − costs−$73as in the Price arb table

costs, in and out, $10k−$780.782% of the position

Long on SunX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.169%+$17 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.194%, 7d avg +0.145%

Together, before fees+0.236%+$24 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 0.049% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.145%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NVDA-USDT	227.26	0	get 0.0000% / 8h	5h 09m	$2K	$3.7M	20x
Short	Bitget NVDAUSDT	227.70	0	get 0.0000% / 8h	5h 09m	$15.5M	$16.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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 SunXbpFee BitgetbpOrdersPrice spread, now +0.194%Rate

Funding earned: $0
Price spread: +0.194% → +0.145%: $4.88
Slippage, 4 orders: −$58.22
Fee SunX: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$73.34
Costs to cover: 0.782%
Break-even: never at this rate

Slippage from SunX: live order book, 9 min ago; Bitget: live order book, 4 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 SunX live order book, 9 min ago	21.97 bp	38.1 bp −$38	67.6 bp −$676	doesn't fit	doesn't fit
Sell Bitget live order book, 4 min ago	0.22 bp	7.1 bp −$7	9.6 bp −$96	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
Hotstuff NVDA-PERP	−0.0064%	1h	227.53	+0.119%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.69	+0.189%	$12.7M	$14.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.68	+0.185%	$14.4M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.61	+0.154%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDTshort	0.0000%	8h	227.70	+0.194%	$15.5M	$16.4M	100x
SunX NVDA-USDTlong	0.0000%	8h	227.26	long leg	$2K	$3.7M	20x
HTX NVDA-USDT	0.0000%	8h	227.76	+0.220%	$198K	$475K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.67	+0.180%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.53	+0.117%	$118K	$54K	10x	as long as short
Aster NVDAUSDT	+0.0023%	8h	227.67	+0.181%	$483K	$590K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0029%	8h	227.69	+0.189%	$21K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.59	+0.145%	$406K	$746K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.67	+0.180%	$1.4M	$9.5M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.76	+0.220%	—	$74K	25x	as long as short
Variational Omni NVDA	+0.0049%	8h	227.62	+0.159%	$3.5M	$2.1M	—	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.53	+0.119%	$147.9M	$43.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.63	+0.163%	$402K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.54	+0.123%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.39	+0.057%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.53	+0.119%	$1.3M	$777K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.51	+0.110%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.49	+0.101%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.64	+0.167%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.67	+0.180%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.57	+0.136%	$94K	$112K	20x	as long as short
Binance NVDAUSDT	+0.0107%	8h	227.71	+0.198%	$156.3M	$215.1M	50x	as long as short
Nado NVDA-PERP	+0.0131%	1h	227.52	+0.114%	$483K	$228K	20x	as long as short
KuCoin NVDAUSDTM	+0.0143%	8h	227.72	+0.202%	$1.6M	$723K	20x	as long as short
Lighter NVDA	+0.0168%	1h	227.65	+0.170%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0216%	1h	227.79	+0.233%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.98	+0.317%	$73K	$139	30x	as long as short
BloFin NVDA-USDT	+0.0227%	8h	227.72	+0.202%	$722K	$201K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0365%	1h	227.62	+0.158%	$49K	$1.6M	10x	as long as short
Extended NVDA_24_5-USD	+0.0424%	1h	227.49	+0.101%	$686K	$731K	10x	as long as short
edgeX NVDAUSDC	+0.0798%	4h	227.61	+0.155%	$170K	$1.9M	20x	as long as short