Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0087%/8h= −9.5% APRnext payment −$0.11 per $10,000 · paid last 24h —

Price spread now: Aftermath Perps against Aevo−0.069%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.069% cheaper against Aevo than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NVDA-PERP	226.38	0.0104	pay 0.0013% / 1h	36m 17s	—	—	10x
Short	Aftermath Perps NVDAUSD	226.22	0.0017	get 0.0002% / 1h	36m 17s	$117K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Aevo. 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 AevobpFee Aftermath PerpsbpOrdersPrice spread, now −0.069%Rate

Funding earned: −$18.31
Price spread: −0.069% → 0.000%: −$6.89
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$50.2
Costs to cover: 0.250%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aftermath Perps: live order book, 8 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 Aevo no order-book sample	—	—	—	—	—
Sell Aftermath Perps live order book, 8 min ago	4.08 bp	14.4 bp −$14	doesn't fit	doesn't fit	doesn't fit

Aevo: 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 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	226.36	−0.008%	$12.4M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.37	−0.003%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.33	−0.021%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.43	+0.023%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.37	−0.005%	$21K	$422K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.04	−0.149%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.46	+0.036%	$198K	$453K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.73	+0.156%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0001%	8h	226.40	+0.010%	$482K	$571K	20x	as long as short
Aftermath Perps NVDAUSDshort	+0.0017%	1h	226.22	−0.069%	$117K	$51K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0018%	8h	226.30	−0.036%	$3.5M	$2.2M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.29	−0.039%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.44	+0.027%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.25	−0.056%	$147.0M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.32	−0.026%	$396K	$281K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.26	−0.052%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.11	−0.118%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.35	−0.012%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	226.26	−0.052%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0088%	8h	226.38	+0.002%	$154.3M	$219.3M	50x	as long as short
Lighter NVDA	+0.0088%	1h	226.35	−0.014%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.27	−0.048%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.38	+0.001%	$1.6M	$749K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.16	−0.096%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.35	−0.012%	$36K	$21K	20x	as long as short
Aevo NVDA-PERPlong	+0.0104%	1h	226.38	long leg	—	—	10x
Phoenix NVDA	+0.0106%	1h	226.19	−0.083%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.039%	$1.3M	$789K	10x	as long as short
Lighter RH NVDA	+0.0136%	1h	226.47	+0.041%	$5.0M	$6.9M	20x	as long as short
Nado NVDA-PERP	+0.0141%	1h	226.29	−0.041%	$481K	$226K	20x	as long as short
BloFin NVDA-USDT	+0.0208%	8h	226.44	+0.027%	$715K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.01	+0.279%	$73K	$137	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.32	−0.026%	$52K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0464%	1h	226.19	−0.083%	$667K	$762K	10x	as long as short
edgeX NVDAUSDC	+0.0583%	4h	226.28	−0.043%	$170K	$1.9M	20x	as long as short