Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h +0.034%

Price spread now: KuCoin against Aftermath Perps+0.055%7-day average +0.056% · 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−$104as in the Price arb table

costs, in and out, $10k−$1041.043% of the position

Long on Aftermath Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.200%+$20 on $10k

Price spread, last 3 days (all we have)+0.075%+$7 · spread now +0.055%, 7d avg +0.056%

Together, before fees+0.274%+$27 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$3 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	226.99	0.0015	pay 0.0002% / 1h	6m 43s	$118K	$55K	10x
Short	KuCoin NVDAUSDTM	227.11	0.0100	get 0.0100% / 8h	2h 06m	$1.6M	$753K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.055%Rate

Funding earned: $17.93
Price spread: +0.055% → +0.056%: −$0.14
Slippage, 4 orders: −$83.26
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$86.47
Costs to cover: 1.043%
Break-even: 40.8 days

Slippage from Aftermath Perps: live order book, 17 min ago; KuCoin: live order book, 9 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, 17 min ago	9.12 bp	15.6 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 9 min ago	1.10 bp	18.7 bp −$19	doesn't fit	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	226.98	−0.001%	$473K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.08	+0.041%	$156.1M	$220.8M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.05	+0.028%	$12.6M	$15.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.08	+0.042%	$14.4M	$21.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.02	+0.015%	$7.2M	$9.4M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.08	+0.042%	$3.5M	$2.4M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.04	+0.026%	$21K	$468K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.76	−0.099%	$3K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.02	+0.015%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.13	+0.064%	$202K	$526K	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	227.05	+0.028%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0015%	1h	226.99	long leg	$118K	$55K	10x
QFEX NVDA-USD	+0.0030%	1h	227.05	+0.028%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.20	+0.094%	$4.9M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.91	−0.032%	$522K	$409K	10x	as long as short
Bitget NVDAUSDT	+0.0041%	8h	227.04	+0.024%	$15.6M	$18.3M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.16	+0.077%	—	$73K	25x	as long as short
Nado NVDA-PERP	+0.0048%	1h	226.95	−0.018%	$487K	$226K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.92	−0.029%	$147.0M	$50.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.04	+0.024%	$400K	$261K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.91	−0.033%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.81	−0.077%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	226.87	−0.051%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.06	+0.034%	—	—	10x	as long as short
Lighter NVDA	+0.0088%	1h	227.10	+0.052%	$2.1M	$3.3M	20x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	226.91	−0.033%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.93	−0.024%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTMshort	+0.0100%	8h	227.11	+0.055%	$1.6M	$753K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.92	−0.029%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.03	+0.020%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	227.01	+0.011%	$1.3M	$911K	10x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.07	+0.037%	$714K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.44	+0.200%	$73K	$137	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.03	+0.020%	$384K	$695K	20x	as long as short
edgeX NVDAUSDC	+0.0937%	4h	227.01	+0.013%	$170K	$1.9M	20x	as long as short