Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.014%

Price spread now: KuCoin against ApeX Omni+0.097%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 KuCoin

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—needs both histories

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 0.097% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NVDAUSDT	227.71	0.0100	pay 0.0013% / 1h	5m 02s	$16K	$44K	50x
Short	KuCoin NVDAUSDTM	227.93	0.0145	get 0.0145% / 8h	7h 05m	$1.6M	$735K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.097%Rate

Funding earned: $9.45
Price spread: +0.097% → 0.000%: $9.66
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$2.89
Costs to cover: 0.220%
Break-even: 9.1 days

Slippage unknown: ApeX Omni: no order-book sample; KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago	1.53 bp	18.3 bp −$18	doesn't fit	doesn't fit	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 NVDAUSDT	0.0000%	8h	227.73	+0.008%	$484K	$582K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.92	+0.092%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.91	+0.088%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.86	+0.066%	$7.2M	$9.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.50	−0.092%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	+0.110%	$198K	$508K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	228.00	+0.127%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.77	+0.024%	$118K	$55K	10x	as long as short
Variational Omni NVDA	+0.0013%	8h	227.92	+0.093%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.73	+0.009%	$524K	$469K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0040%	1h	227.80	+0.040%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.75	+0.018%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	+0.070%	$1.5M	$11.0M	10x	as long as short
Bitget NVDAUSDT	+0.0045%	8h	227.95	+0.105%	$15.4M	$16.9M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	228.00	+0.127%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.76	+0.022%	$147.9M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.86	+0.066%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.78	+0.031%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.73	+0.009%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.110%	$1.3M	$800K	10x	as long as short
Binance NVDAUSDT	+0.0082%	8h	227.94	+0.100%	$156.5M	$217.1M	50x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.81	+0.046%	$484K	$229K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.78	+0.030%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDTlong	+0.0100%	1h	227.71	long leg	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.88	+0.075%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.81	+0.044%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.89	+0.081%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.83	+0.053%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTMshort	+0.0145%	8h	227.93	+0.097%	$1.6M	$735K	20x
Lighter NVDA	+0.0152%	1h	227.92	+0.091%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.05	+0.149%	$5.1M	$7.1M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0165%	8h	227.91	+0.086%	$21K	$393K	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	227.94	+0.101%	$719K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.215%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0504%	4h	227.92	+0.090%	$170K	$1.9M	20x	as long as short