Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%

Price spread now: Aster against ApeX Omni+0.053%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.053% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NVDAUSDT	227.30	0.0100	pay 0.0013% / 1h	9m 23s	$16K	$43K	50x
Short	Aster NVDAUSDT	227.42	0	get 0.0000% / 8h	1h 09m	$474K	$587K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$21
Price spread: +0.053% → 0.000%: $5.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$33.72
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Aster: live order book, 8 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Aster live order book, 8 min ago	0.22 bp	4.6 bp −$5	7.9 bp −$79	314.1 bp −$31.4K	doesn't fit

ApeX Omni: 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 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 NVDAUSDTshort	0.0000%	8h	227.42	+0.053%	$474K	$587K	20x
Bybit NVDAUSDT	0.0000%	8h	227.46	+0.070%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.41	+0.048%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.39	+0.040%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.41	+0.050%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.49	+0.083%	$20K	$432K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.91	−0.172%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.47	+0.075%	$198K	$527K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.42	+0.053%	$2.2M	$42K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	227.26	−0.018%	$35K	—	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0022%	1h	227.46	+0.072%	$118K	$55K	10x	as long as short
Binance NVDAUSDT	+0.0025%	8h	227.45	+0.066%	$156.3M	$220.8M	50x	as long as short
Bitget NVDAUSDT	+0.0031%	8h	227.45	+0.066%	$15.6M	$17.7M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.23	−0.032%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.40	+0.044%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.46	+0.070%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.28	−0.009%	$147.3M	$48.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.32	+0.009%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.28	−0.009%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.22	−0.035%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	227.35	+0.022%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.42	+0.054%	—	—	10x	as long as short
BloFin NVDA-USDT	+0.0095%	8h	227.44	+0.062%	$713K	$204K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.128%	$1.3M	$863K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.25	−0.022%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.088%	$1.6M	$748K	20x	as long as short
ApeX Omni NVDAUSDTlong	+0.0100%	1h	227.30	long leg	$16K	$43K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	+0.053%	$36K	$22K	20x	as long as short
edgeX NVDAUSDC	+0.0100%	4h	227.42	+0.051%	$170K	$1.9M	20x	as long as short
Nado NVDA-PERP	+0.0102%	1h	227.27	−0.012%	$483K	$227K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.35	+0.022%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.56	+0.114%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0192%	1h	227.46	+0.069%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.80	+0.220%	$73K	$139	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.27	−0.013%	$400K	$723K	20x	as long as short