Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0269%/8h= +29.5% APRpaid last 24h +0.050%

Price spread now: BloFin against Aftermath Perps+0.065%7-day average +0.059% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$39as in the Price arb table

costs, in and out, $10k−$390.392% of the position

Long on Aftermath Perps Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.141%+$14 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.065%, 7d avg +0.059%

Together, before fees+0.102%+$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.059%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	226.19	0.0015	pay 0.0002% / 1h	52m 46s	$117K	$51K	10x
Short	BloFin NVDA-USDT	226.34	0.0284	get 0.0284% / 8h	7h 52m	$711K	$196K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Aftermath Perps. 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 Aftermath PerpsbpFee BloFinbpOrdersPrice spread, now +0.065%Rate

Funding earned: $56.53
Price spread: +0.065% → +0.059%: $0.63
Slippage, 4 orders: −$18.15
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee BloFin: 6 bp × 2 orders: −$12
Net: $18.01
Costs to cover: 0.392%
Break-even: 4.8 days

Slippage from Aftermath Perps: live order book, 46 min ago; BloFin: live order book, 24 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 Aftermath Perps live order book, 46 min ago	1.94 bp	20.3 bp −$20	30.6 bp −$306	doesn't fit	doesn't fit
Sell BloFin live order book, 24 min ago	0.22 bp	6.2 bp −$6	6.5 bp −$65	13.3 bp −$1,328	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	226.32	+0.056%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.33	+0.061%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.30	+0.048%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.33	+0.061%	$15.8M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.00	−0.085%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.29	+0.043%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.49	+0.132%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.55	+0.158%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0015%	1h	226.19	long leg	$117K	$51K	10x
Aster NVDAUSDT	+0.0035%	8h	226.29	+0.044%	$482K	$530K	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	226.24	+0.021%	$392K	$737K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.48	+0.127%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	226.31	+0.052%	$2.1M	$3.2M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.18	−0.006%	$146.9M	$43.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.15	−0.019%	$391K	$245K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.21	+0.008%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.09	−0.045%	$1.6M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0056%	1h	226.48	+0.127%	$5.1M	$6.8M	20x	as long as short
Nado NVDA-PERP	+0.0069%	1h	226.24	+0.020%	$481K	$223K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.31	+0.052%	$1.3M	$9.1M	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.18	−0.004%	$297K	$48K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.12	−0.032%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.34	+0.065%	$36K	$20K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.12	−0.032%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0105%	8h	226.43	+0.104%	$3.5M	$2.3M	—	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	226.35	+0.070%	$1.6M	$877K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.36	+0.075%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.29	+0.043%	$1.3M	$696K	10x	as long as short
Binance NVDAUSDT	+0.0164%	8h	226.38	+0.083%	$155.3M	$220.2M	50x	as long as short
Extended NVDA_24_5-USD	+0.0184%	1h	226.20	+0.005%	$644K	$879K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0206%	8h	226.28	+0.039%	$21K	$425K	10x	as long as short
Phoenix NVDA	+0.0212%	1h	226.25	+0.025%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.72	+0.233%	$73K	$135	30x	as long as short
BloFin NVDA-USDTshort	+0.0284%	8h	226.34	+0.065%	$711K	$196K	20x
edgeX NVDAUSDC	+0.0803%	4h	226.31	+0.052%	$171K	$1.9M	20x	as long as short