Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h —

Price spread now: Ondo Perps against Aevo−0.141%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 Ondo 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—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Ondo Perps is 0.141% cheaper against Aevo than usual: you would sell low and buy high (−$14 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	226.70	0.0104	pay 0.0013% / 1h	13m 17s	—	—	10x
Short	Ondo Perps NVDA-USD.P	226.38	0.0050	get 0.0006% / 1h	13m 17s	$1.6M	$2.0M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$11.26
Price spread: −0.141% → 0.000%: −$14.05
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$46.31
Costs to cover: 0.210%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Ondo Perps: no order-book sample. 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 Ondo Perps no order-book sample	—	—	—	—	—

Aevo and Ondo Perps: 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
Hotstuff NVDA-PERP	−0.0016%	1h	226.52	−0.079%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.64	−0.026%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.72	+0.009%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.69	−0.004%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.67	−0.013%	$7.3M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.75	+0.023%	$15.3M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.59	−0.046%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.44	−0.114%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.47	−0.101%	$198K	$458K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.74	+0.018%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0006%	8h	226.54	−0.071%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	226.40	−0.130%	$117K	$52K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.57	−0.057%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.67	−0.013%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.76	+0.027%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.57	−0.057%	$147.2M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.63	−0.030%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.56	−0.061%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.Pshort	+0.0050%	1h	226.38	−0.141%	$1.6M	$2.0M	15x
Lighter NVDA	+0.0064%	1h	226.69	−0.002%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.75	+0.021%	$154.6M	$218.7M	50x	as long as short
Nado NVDA-PERP	+0.0081%	1h	226.57	−0.056%	$482K	$227K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.53	−0.073%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.59	−0.048%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.42	−0.123%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.67	−0.013%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0103%	1h	226.64	−0.026%	$53K	$1.8M	10x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.81	+0.049%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERPlong	+0.0104%	1h	226.70	long leg	—	—	10x
Phoenix NVDA	+0.0106%	1h	226.58	−0.052%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.180%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0200%	8h	226.74	+0.018%	$713K	$193K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.88	+0.080%	$73K	$139	30x	as long as short
Extended NVDA_24_5-USD	+0.0360%	1h	226.55	−0.066%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0830%	4h	226.55	−0.066%	$170K	$1.9M	20x	as long as short