Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0066%/8h= +7.3% APRpaid last 24h —

Price spread now: Aevo against Aster−0.021%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—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

Funding pays, the price is against you. Aevo is 0.021% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 25 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.68	0.0046	pay 0.0046% / 8h	4h 51m	$483K	$590K	20x
Short	Aevo NVDA-PERP	227.63	0.0112	get 0.0014% / 1h	51m 06s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Aster. 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 AsterbpFee AevobpOrdersPrice spread, now −0.021%Rate

Funding earned: $13.93
Price spread: −0.021% → 0.000%: −$2.08
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$12.15
Costs to cover: 0.240%
Break-even: 13.1 days

Slippage unknown: Aster: live order book, 7 min ago; Aevo: no order-book sample. 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 Aster live order book, 7 min ago	0.44 bp	5.7 bp −$6	8.9 bp −$89	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Bybit NVDAUSDT	0.0000%	8h	227.61	−0.029%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.59	−0.037%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.59	−0.037%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.66	−0.007%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.23	−0.196%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	+0.042%	$198K	$473K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.76	+0.037%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0019%	1h	227.57	−0.046%	$118K	$54K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.65	−0.011%	$406K	$744K	20x	as long as short
Aster NVDAUSDTlong	+0.0046%	8h	227.68	long leg	$483K	$590K	20x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NVDA-USD-PERP	+0.0046%	1h	227.73	+0.024%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.47	−0.090%	$147.9M	$43.7M	20x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.47	−0.090%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.49	−0.081%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.67	−0.002%	$1.4M	$9.4M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	227.51	−0.073%	$35K	—	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0067%	8h	227.75	+0.035%	$20K	$385K	10x	as long as short
Variational Omni NVDA	+0.0076%	8h	227.62	−0.026%	$3.5M	$2.1M	—	as long as short
Polymarket Perps NVDA-USD	+0.0092%	1h	227.60	−0.033%	$401K	$276K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.47	−0.090%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.52	−0.068%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.64	−0.015%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	−0.064%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERPshort	+0.0112%	1h	227.63	−0.021%	—	—	10x
Binance NVDAUSDT	+0.0130%	8h	227.65	−0.011%	$156.6M	$215.9M	50x	as long as short
Phoenix NVDA	+0.0141%	1h	227.64	−0.015%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0158%	8h	227.69	+0.006%	$1.6M	$725K	20x	as long as short
Nado NVDA-PERP	+0.0185%	1h	227.49	−0.081%	$484K	$228K	20x	as long as short
Lighter NVDA	+0.0200%	1h	227.59	−0.037%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.02	+0.151%	$73K	$134	30x	as long as short
BloFin NVDA-USDT	+0.0250%	8h	227.71	+0.015%	$724K	$201K	20x	as long as short
Lighter RH NVDA	+0.0256%	1h	227.76	+0.037%	$5.1M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0278%	1h	227.57	−0.046%	$49K	$1.6M	10x	as long as short
Extended NVDA_24_5-USD	+0.0536%	1h	227.43	−0.108%	$686K	$733K	10x	as long as short
edgeX NVDAUSDC	+0.0612%	4h	227.71	+0.014%	$171K	$1.9M	20x	as long as short