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 0.000%

Price spread now: HTX against SunX+0.225%7-day average +0.103% · you sell dearer than you buy

Net, funding: paid 7d − costs−$84as in the Funding arb table

Net, price: spread back to 7d avg − costs−$72as in the Price arb table

costs, in and out, $10k−$840.837% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.130%−$13 · spread now +0.225%, 7d avg +0.103%

Together, before fees−0.130%−$13 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: HTX is 0.121% dearer against SunX than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.103%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NVDA-USDT	227.13	0	get 0.0000% / 8h	4h 36m	$2K	$3.7M	20x
Short	HTX NVDA-USDT	227.64	0	get 0.0000% / 8h	4h 36m	$198K	$471K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.225%Rate

Funding earned: $0
Price spread: +0.225% → +0.103%: $12.14
Slippage, 4 orders: −$63.68
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$71.54
Costs to cover: 0.837%
Break-even: never at this rate

Slippage from SunX: live order book, 11 min ago; HTX: live order book, 22 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, 11 min ago	21.98 bp	38.1 bp −$38	67.6 bp −$676	doesn't fit	doesn't fit
Sell HTX live order book, 22 min ago	0.22 bp	10.6 bp −$11	12.7 bp −$127	22.7 bp −$2,272	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	227.56	+0.189%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.54	+0.181%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.48	+0.154%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.60	+0.207%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDTlong	0.0000%	8h	227.13	long leg	$2K	$3.7M	20x
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.45	+0.141%	$49K	$1.6M	10x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.64	+0.225%	$198K	$471K	30x
Phemex NVDAUSDT	0.0000%	4h	227.55	+0.185%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	227.42	+0.127%	$118K	$54K	10x	as long as short
Aster NVDAUSDT	+0.0037%	8h	227.55	+0.184%	$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
Arcus NVDA-USD	+0.0040%	1h	227.43	+0.132%	$400K	$745K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.68	+0.242%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.43	+0.132%	$147.7M	$43.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.52	+0.172%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.39	+0.114%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.27	+0.062%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.46	+0.145%	$1.4M	$9.4M	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0066%	8h	227.61	+0.211%	$20K	$390K	10x	as long as short
Lighter NVDA	+0.0072%	1h	227.55	+0.184%	$2.2M	$3.3M	20x	as long as short
Variational Omni NVDA	+0.0073%	8h	227.50	+0.164%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERP	+0.0081%	1h	227.46	+0.147%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.47	+0.148%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.40	+0.119%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.48	+0.154%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	+0.176%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.51	+0.167%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0120%	8h	227.55	+0.186%	$156.5M	$216.2M	50x	as long as short
Hotstuff NVDA-PERP	+0.0136%	1h	227.40	+0.119%	$35K	—	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.45	+0.141%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0143%	8h	227.55	+0.185%	$1.6M	$725K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.70	+0.251%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.84	+0.313%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0242%	8h	227.52	+0.172%	$721K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0416%	1h	227.43	+0.130%	$685K	$733K	10x	as long as short
edgeX NVDAUSDC	+0.0986%	4h	227.48	+0.153%	$170K	$1.9M	20x	as long as short