Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0055%/8h= +6.1% APRpaid last 24h +0.091%

Price spread now: edgeX against Aster−0.014%7-day average −0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs+$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$280.276% of the position

Long on Aster Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.767%+$77 on $10k

Price spread, last 4 days (all we have)−0.112%−$11 · spread now −0.014%, 7d avg −0.013%

Together, before fees+0.655%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$65 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.49	0	get 0.0000% / 8h	1h 34m	$474K	$578K	20x
Short	edgeX NVDAUSDC	227.46	0.0055	get 0.0028% / 4h	1h 34m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $11.62
Price spread: −0.014% → −0.013%: −$0.09
Slippage, 4 orders: −$10.59
Fee Aster: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$16.06
Costs to cover: 0.276%
Break-even: 16.7 days

Slippage from Aster: live order book, 48 min ago; edgeX: live order book, 4 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, 48 min ago	0.44 bp	5.3 bp −$5	11.2 bp −$112	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.52 bp	8.5 bp −$8	13.5 bp −$135	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	227.49	long leg	$474K	$578K	20x
Bybit NVDAUSDT	0.0000%	8h	227.46	−0.013%	$12.7M	$15.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.46	−0.013%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	−0.040%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.43	−0.027%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.43	−0.027%	$20K	$441K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.06	−0.189%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.41	−0.035%	$202K	$522K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.52	+0.013%	$2.2M	$41K	10x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.50	+0.004%	$156.2M	$220.8M	50x	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	+0.0011%	1h	227.20	−0.126%	$118K	$55K	10x	as long as short
Bitget NVDAUSDT	+0.0019%	8h	227.53	+0.018%	$15.6M	$18.0M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.27	−0.099%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.45	−0.018%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.50	+0.004%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.29	−0.088%	$147.3M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.38	−0.048%	$401K	$290K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.32	−0.075%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.27	−0.097%	$1.6M	$2.1M	15x	as long as short
edgeX NVDAUSDCshort	+0.0055%	4h	227.46	−0.014%	$170K	$1.9M	20x
Phoenix NVDA	+0.0070%	1h	227.25	−0.105%	$93K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0074%	1h	227.31	−0.078%	$484K	$227K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.46	−0.015%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.211%	$1.3M	$888K	10x	as long as short
BloFin NVDA-USDT	+0.0099%	8h	227.49	0.000%	$714K	$205K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.30	−0.084%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.40	−0.040%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.22	−0.119%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.44	−0.022%	$36K	$22K	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.59	+0.044%	$4.9M	$7.0M	20x	as long as short
Lighter NVDA	+0.0152%	1h	227.47	−0.007%	$2.1M	$3.2M	20x	as long as short
Hotstuff NVDA-PERP	+0.0152%	1h	227.33	−0.070%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.61	+0.053%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0234%	1h	227.39	−0.044%	$49K	$1.5M	10x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.36	−0.057%	$388K	$709K	20x	as long as short