Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.022%

Price spread now: HTX against Aster+0.027%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$290.292% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−0.043%−$4 · spread now +0.027%, 7d avg −0.020%

Together, before fees−0.197%+ Points / potential airdropAster: Stage 5 · farm board−$20 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.046% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.020%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	226.40	0	get 0.0000% / 8h	1h 30m	$482K	$571K	20x
Short	HTX NVDA-USDT	226.46	0	get 0.0000% / 8h	1h 30m	$198K	$452K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → −0.020%: $4.63
Slippage, 4 orders: −$9.24
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$24.61
Costs to cover: 0.292%
Break-even: never at this rate

Slippage from Aster: live order book, 12 min ago; HTX: live order book, 13 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, 12 min ago	0.22 bp	4.2 bp −$4	7.9 bp −$79	doesn't fit	doesn't fit
Sell HTX live order book, 13 min ago	0.22 bp	11.2 bp −$11	12.9 bp −$129	24.4 bp −$2,442	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	226.40	long leg	$482K	$571K	20x
Bybit NVDAUSDT	0.0000%	8h	226.37	−0.013%	$12.4M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.36	−0.017%	$14.1M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.28	−0.053%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.35	−0.022%	$15.2M	$16.0M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.34	−0.026%	$21K	$420K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.97	−0.190%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	226.46	+0.027%	$198K	$452K	30x
Phemex NVDAUSDT	0.0000%	4h	226.60	+0.089%	$2.2M	$42K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	226.17	−0.101%	$35K	—	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NVDA_USDC-PERPETUAL	+0.0015%	1h	226.22	−0.079%	$53K	$1.8M	10x	as long as short
Variational Omni NVDA	+0.0016%	8h	226.32	−0.037%	$3.5M	$2.2M	—	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	226.15	−0.111%	$117K	$51K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.24	−0.070%	$398K	$729K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.39	−0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.19	−0.093%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.21	−0.084%	$391K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.17	−0.101%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.05	−0.154%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.29	−0.048%	$1.3M	$9.1M	10x	as long as short
Lighter NVDA	+0.0080%	1h	226.31	−0.040%	$2.1M	$3.3M	20x	as long as short
Binance NVDAUSDT	+0.0085%	8h	226.40	0.000%	$154.4M	$217.9M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.17	−0.102%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.33	−0.031%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.16	−0.106%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.27	−0.057%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.29	−0.047%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.26	−0.062%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.048%	$1.3M	$733K	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	226.51	+0.049%	$5.1M	$6.9M	20x	as long as short
Nado NVDA-PERP	+0.0130%	1h	226.17	−0.099%	$480K	$224K	20x	as long as short
BloFin NVDA-USDT	+0.0206%	8h	226.44	+0.018%	$714K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.67	+0.119%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0440%	1h	226.15	−0.110%	$667K	$760K	10x	as long as short
edgeX NVDAUSDC	+0.0524%	4h	226.29	−0.047%	$170K	$1.9M	20x	as long as short