Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h —

Price spread now: Pacifica against Aevo−0.060%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 Pacifica

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 airdropPacifica: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Pacifica is 0.060% cheaper against Aevo than usual: you would sell low and buy high (−$6 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	227.33	0.0120	pay 0.0015% / 1h	57m 36s	—	—	10x
Short	Pacifica NVDA	227.20	0.0100	get 0.0013% / 1h	57m 36s	$298K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.060%Rate

Funding earned: −$4.2
Price spread: −0.060% → 0.000%: −$5.98
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$34.18
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Pacifica: live order book, 53 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 Pacifica live order book, 53 min ago	1.99 bp	6.4 bp −$6	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 exchanges

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	−0.1600%	1h	225.99	−0.590%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.36	+0.013%	$12.8M	$15.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.34	+0.004%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.27	−0.027%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.39	+0.026%	$15.6M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.91	−0.185%	$3K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.23	−0.045%	$17K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.46	+0.057%	$199K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.42	+0.039%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.19	−0.060%	$118K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0012%	8h	227.39	+0.025%	$20K	$432K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.29	−0.018%	$2.1M	$3.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.17	−0.070%	$613K	$940K	10x	as long as short
Aster NVDAUSDT	+0.0039%	8h	227.25	−0.036%	$483K	$566K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.31	−0.009%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.54	+0.092%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.22	−0.049%	$148.5M	$45.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.25	−0.036%	$393K	$241K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.25	−0.036%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.08	−0.111%	$1.5M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0072%	1h	227.45	+0.052%	$5.1M	$7.1M	20x	as long as short
Nado NVDA-PERP	+0.0091%	1h	227.25	−0.034%	$478K	$210K	20x	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.20	−0.060%	$298K	$50K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.22	−0.049%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.34	+0.004%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.20	−0.058%	$93K	$82K	20x	as long as short
Variational Omni NVDA	+0.0108%	8h	227.26	−0.031%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERPlong	+0.0120%	1h	227.33	long leg	—	—	10x
KuCoin NVDAUSDTM	+0.0128%	8h	227.28	−0.023%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.45	−0.388%	$1.3M	$657K	10x	as long as short
Binance NVDAUSDT	+0.0162%	8h	227.37	+0.017%	$155.9M	$224.8M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.53	+0.087%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0281%	8h	227.38	+0.021%	$728K	$203K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.31	−0.009%	$384K	$704K	20x	as long as short
edgeX NVDAUSDC	+0.0602%	4h	227.24	−0.041%	$171K	$1.9M	20x	as long as short