Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.007%

Price spread now: Aftermath Perps against Aster−0.075%7-day average −0.055% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$42as in the Price arb table

costs, in and out, $10k−$400.398% of the position

Long on Aster Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.118%−$12 on $10k

Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.075%, 7d avg −0.055%

Together, before fees−0.106%+ Points / potential airdropAster: Stage 5 · farm board−$11 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aftermath Perps is 0.020% cheaper against Aster than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of −0.055%). If the spread goes back, that is −$2 on $10k: about 3.7 days of funding at the current rate (+$1 a day). Mind the row above: over the last 3 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.42	0	get 0.0000% / 8h	8m 01s	$482K	$587K	20x
Short	Aftermath Perps NVDAUSD	227.25	0.0018	get 0.0002% / 1h	8m 01s	$118K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.075%Rate

Funding earned: $3.79
Price spread: −0.075% → −0.055%: −$2.01
Slippage, 4 orders: −$22.83
Fee Aster: 4 bp × 2 orders: −$8
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$38.06
Costs to cover: 0.398%
Break-even: 77.3 days

Slippage from Aster: live order book, 5 min ago; Aftermath Perps: live order book, 6 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 Aster live order book, 5 min ago	0.88 bp	4.9 bp −$5	7.1 bp −$71	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 6 min ago	2.66 bp	7.8 bp −$8	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 NVDAUSDTlong	0.0000%	8h	227.42	long leg	$482K	$587K	20x
Bybit NVDAUSDT	0.0000%	8h	227.47	+0.022%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.44	+0.009%	$14.4M	$20.9M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.38	−0.017%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.35	−0.030%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.42	0.000%	$20K	$407K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.96	−0.202%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.40	−0.009%	$197K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.41	−0.004%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDshort	+0.0018%	1h	227.25	−0.075%	$118K	$56K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0025%	8h	227.43	+0.005%	$15.5M	$17.4M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.36	−0.027%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0036%	8h	227.47	+0.023%	$156.3M	$219.3M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.049%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.34	−0.035%	$147.8M	$48.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.40	−0.009%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.29	−0.057%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.18	−0.105%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.42	0.000%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.41	−0.004%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0063%	1h	227.35	−0.031%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.43	+0.005%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.180%	$1.3M	$842K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.32	−0.043%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.28	−0.061%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	0.000%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.27	−0.066%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0109%	8h	227.42	0.000%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.29	−0.057%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0147%	8h	227.38	−0.017%	$714K	$205K	20x	as long as short
Hotstuff NVDA-PERP	+0.0160%	1h	227.31	−0.048%	$35K	—	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.51	+0.039%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0184%	1h	227.63	+0.093%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.110%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0460%	4h	227.35	−0.033%	$170K	$1.9M	20x	as long as short