Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0278%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h —

Price spread now: Deribit against Aevo−0.023%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 Deribit

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

Funding pays, the price is against you. Deribit is 0.023% cheaper against Aevo than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 7 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NVDA-PERP	227.45	0.0088	pay 0.0011% / 1h	48m 06s	—	—	10x
Short	Deribit NVDA_USDC-PERPETUAL	227.40	0.0366	get 0.0046% / 1h	48m 06s	$49K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit 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 DeribitbpOrdersPrice spread, now −0.023%Rate

Funding earned: $58.39
Price spread: −0.023% → 0.000%: −$2.33
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: $33.05
Costs to cover: 0.230%
Break-even: 3.0 days

Slippage unknown: Aevo: no order-book sample; Deribit: 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 Aevo no order-book sample	—	—	—	—	—
Sell Deribit live order book, 1 min ago	4.18 bp	8.1 bp −$8	11.1 bp −$111	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
Aster NVDAUSDT	0.0000%	8h	227.42	−0.015%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.46	+0.003%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.43	−0.010%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.37	−0.037%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.46	+0.002%	$3.5M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.48	+0.012%	$20K	$427K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.92	−0.234%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.012%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.55	+0.043%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0029%	1h	227.46	+0.005%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0032%	1h	227.29	−0.072%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.47	+0.007%	$156.3M	$220.1M	50x	as long as short
Bitget NVDAUSDT	+0.0041%	8h	227.45	−0.001%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.48	+0.012%	—	$74K	25x	as long as short
Extended NVDA_24_5-USD	+0.0048%	1h	227.24	−0.094%	$536K	$446K	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	−0.063%	$147.3M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.34	−0.050%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.30	−0.067%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.085%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.45	−0.001%	$1.6M	$11.4M	10x	as long as short
Aevo NVDA-PERPlong	+0.0088%	1h	227.45	long leg	—	—	10x
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.195%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.27	−0.080%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.021%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.31	−0.063%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.41	−0.019%	$36K	$22K	20x	as long as short
Nado NVDA-PERP	+0.0102%	1h	227.28	−0.076%	$483K	$228K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	−0.050%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.31	−0.063%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0154%	8h	227.48	+0.012%	$672K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.122%	$73K	$135	30x	as long as short
Lighter NVDA	+0.0248%	1h	227.48	+0.011%	$2.1M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0248%	1h	227.59	+0.060%	$5.1M	$7.2M	20x	as long as short
edgeX NVDAUSDC	+0.0313%	4h	227.46	+0.002%	$170K	$1.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUALshort	+0.0366%	1h	227.40	−0.023%	$49K	$1.4M	10x