Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0092%/8h= +10.1% APRpaid last 24h +0.008%

Price spread now: ApeX Omni against Aster−0.049%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 ApeX Omni

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

Funding pays, the price is against you. ApeX Omni is 0.049% cheaper against Aster than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 43 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.68	0.0008	pay 0.0008% / 8h	5h 34m	$483K	$590K	20x
Short	ApeX Omni NVDAUSDT	227.57	0.0100	get 0.0013% / 1h	34m 44s	$16K	$44K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.049%Rate

Funding earned: $19.31
Price spread: −0.049% → 0.000%: −$4.89
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$3.58
Costs to cover: 0.180%
Break-even: 8.3 days

Slippage unknown: Aster: live order book, 28 min ago; ApeX Omni: 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, 28 min ago	0.66 bp	5.5 bp −$6	8.7 bp −$87	doesn't fit	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

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
Bybit NVDAUSDT	0.0000%	8h	227.62	−0.027%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.62	−0.027%	$14.4M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.59	−0.040%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.67	−0.005%	$15.5M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.75	+0.029%	$20K	$384K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.25	−0.189%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.76	+0.035%	$198K	$479K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.68	−0.001%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDTlong	+0.0008%	8h	227.68	long leg	$483K	$590K	20x
Aftermath Perps NVDAUSD	+0.0011%	1h	227.50	−0.081%	$118K	$54K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0034%	8h	227.71	+0.013%	$3.5M	$2.1M	—	as long as short
Hotstuff NVDA-PERP	+0.0040%	1h	227.48	−0.088%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	+0.017%	$406K	$710K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.64	−0.018%	$1.4M	$9.7M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.72	+0.017%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.46	−0.097%	$147.9M	$44.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.58	−0.045%	$401K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.49	−0.084%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.45	−0.102%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.097%	$1.3M	$776K	10x	as long as short
Binance NVDAUSDT	+0.0092%	8h	227.67	−0.005%	$156.2M	$215.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.46	−0.096%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDTshort	+0.0100%	1h	227.57	−0.049%	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.61	−0.031%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.62	−0.028%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.63	−0.023%	$94K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0122%	1h	227.48	−0.091%	$483K	$228K	20x	as long as short
KuCoin NVDAUSDTM	+0.0132%	8h	227.68	−0.001%	$1.6M	$723K	20x	as long as short
Lighter NVDA	+0.0176%	1h	227.63	−0.022%	$2.2M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0212%	8h	227.66	−0.009%	$722K	$202K	20x	as long as short
Lighter RH NVDA	+0.0216%	1h	227.75	+0.030%	$5.1M	$7.0M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.99	+0.136%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USD	+0.0320%	1h	227.42	−0.115%	$689K	$716K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0366%	1h	227.59	−0.040%	$49K	$1.6M	10x	as long as short
edgeX NVDAUSDC	+0.0557%	4h	227.74	+0.026%	$170K	$1.9M	20x	as long as short