Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0011%/8h= −1.2% APRpaid last 24h −0.017%

Price spread now: HTX against Aftermath Perps+0.059%7-day average +0.037% · 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−$45as in the Price arb table

costs, in and out, $10k−$480.475% of the position

Long on Aftermath Perps Short on HTX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.059%, 7d avg +0.037%

Together, before fees+0.192%+$19 on $10k · with fees, hour by hour

The price spread pays, funding is against you. HTX is 0.022% dearer against Aftermath Perps than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.037%): +$2 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 6.6 days. Mind the row above: over the last 4 days funding on this pair paid +0.095%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	226.87	0.0011	pay 0.0001% / 1h	59m 54s	$117K	$51K	10x
Short	HTX NVDA-USDT	227.00	0	get 0.0000% / 8h	6h 59m	$198K	$436K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$2.35
Price spread: +0.059% → +0.037%: $2.22
Slippage, 4 orders: −$26.5
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee HTX: 6 bp × 2 orders: −$12
Net: −$47.63
Costs to cover: 0.475%
Break-even: never at this rate

Slippage from Aftermath Perps: live order book, 34 min ago; HTX: live order book, 34 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, 34 min ago	2.60 bp	18.0 bp −$18	24.5 bp −$245	doesn't fit	doesn't fit
Sell HTX live order book, 34 min ago	0.22 bp	13.1 bp −$13	15.4 bp −$154	27.1 bp −$2,712	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	226.95	+0.037%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.95	+0.037%	$14.2M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.91	+0.019%	$7.2M	$10.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.02	+0.068%	$15.7M	$16.0M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.62	−0.109%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.00	+0.059%	$198K	$436K	30x
Phemex NVDAUSDT	0.0000%	4h	226.97	+0.046%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0011%	1h	226.87	long leg	$117K	$51K	10x
Lighter NVDA	+0.0032%	1h	226.89	+0.011%	$2.1M	$3.3M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.70	−0.072%	$639K	$882K	10x	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	226.87	+0.002%	$392K	$739K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0044%	8h	226.92	+0.026%	$21K	$432K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.04	+0.076%	—	$74K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.74	−0.056%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.81	−0.025%	$147.7M	$44.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.84	−0.012%	$392K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.82	−0.021%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.74	−0.056%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.89	+0.010%	$1.3M	$9.1M	10x	as long as short
Nado NVDA-PERP	+0.0074%	1h	226.77	−0.043%	$482K	$221K	20x	as long as short
Aster NVDAUSDT	+0.0080%	8h	226.96	+0.041%	$485K	$543K	20x	as long as short
Lighter RH NVDA	+0.0088%	1h	227.04	+0.076%	$5.1M	$7.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.72	−0.066%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.74	−0.056%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.94	+0.032%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0111%	8h	226.94	+0.034%	$3.3M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0119%	8h	226.94	+0.032%	$1.6M	$1.1M	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.94	+0.033%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.48	−0.170%	$1.3M	$681K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0147%	1h	226.86	−0.003%	$53K	$1.9M	10x	as long as short
Binance NVDAUSDT	+0.0166%	8h	226.98	+0.050%	$155.6M	$223.2M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.84	−0.012%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.96	+0.041%	$73K	$139	30x	as long as short
BloFin NVDA-USDT	+0.0285%	8h	227.01	+0.063%	$715K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0730%	4h	226.94	+0.033%	$171K	$1.9M	20x	as long as short