Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0866%/8h= +94.8% APRpaid last 24h +0.104%

Price spread now: edgeX against Aftermath Perps+0.045%7-day average +0.047% · 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−$48as in the Price arb table

costs, in and out, $10k−$480.478% of the position

Long on Aftermath Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.552%+$55 on $10k

Price spread, last 3 days (all we have)+0.092%+$9 · spread now +0.045%, 7d avg +0.047%

Together, before fees+0.644%+ Points / potential airdropedgeX: Active · farm board+$64 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$26 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	227.09	0.0013	pay 0.0002% / 1h	23m 14s	$118K	$54K	10x
Short	edgeX NVDAUSDC	227.19	0.0879	get 0.0440% / 4h	2h 23m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.045%Rate

Funding earned: $181.85
Price spread: +0.045% → +0.047%: −$0.24
Slippage, 4 orders: −$29.84
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $133.76
Costs to cover: 0.478%
Break-even: 1.9 days

Slippage from Aftermath Perps: live order book, 1 min ago; edgeX: live order book, 6 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, 1 min ago	9.12 bp	15.6 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 6 min ago	3.52 bp	8.3 bp −$8	13.6 bp −$136	doesn't fit	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
Aster NVDAUSDT	0.0000%	8h	227.09	+0.002%	$473K	$550K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.12	+0.014%	$12.7M	$15.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.15	+0.027%	$14.4M	$21.2M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.00	−0.039%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.10	+0.005%	$7.2M	$9.4M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.19	+0.043%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.18	+0.039%	$21K	$468K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.85	−0.105%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.09	0.000%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.22	+0.058%	$202K	$528K	30x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.17	+0.036%	$2.2M	$41K	10x	as long as short
Binance NVDAUSDT	+0.0002%	8h	227.17	+0.036%	$156.2M	$220.6M	50x	as long as short
BloFin NVDA-USDT	+0.0007%	8h	227.19	+0.044%	$713K	$205K	20x	as long as short
Aftermath Perps NVDAUSDlong	+0.0013%	1h	227.09	long leg	$118K	$54K	10x
QFEX NVDA-USD	+0.0030%	1h	227.09	0.000%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.28	+0.084%	$4.9M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.03	−0.026%	$522K	$407K	10x	as long as short
Nado NVDA-PERP	+0.0045%	1h	227.05	−0.017%	$487K	$223K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.24	+0.066%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.01	−0.035%	$147.1M	$50.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.12	+0.014%	$390K	$235K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.02	−0.030%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.96	−0.057%	$1.6M	$2.1M	15x	as long as short
Bitget NVDAUSDT	+0.0061%	8h	227.17	+0.036%	$15.5M	$18.3M	100x	as long as short
Phoenix NVDA	+0.0070%	1h	227.09	0.000%	$93K	$112K	20x	as long as short
Lighter NVDA	+0.0080%	1h	227.19	+0.045%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.14	+0.023%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.03	−0.025%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.17	+0.036%	$1.6M	$752K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.11	+0.009%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.12	+0.014%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	227.01	−0.035%	$1.3M	$911K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.172%	$73K	$136	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.15	+0.027%	$395K	$683K	20x	as long as short
edgeX NVDAUSDCshort	+0.0879%	4h	227.19	+0.045%	$170K	$1.9M	20x