Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0016%/8h= −1.8% APRpaid last 24h −0.004%

Price spread now: Ondo Perps against Aster−0.098%7-day average −0.102% · you buy dearer than you sell

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

Long on Aster Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.042%−$4 on $10k

Price spread, last 4 days (all we have)−0.383%−$38 · spread now −0.098%, 7d avg −0.102%

Together, before fees−0.425%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board−$43 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.102%, so right now this pair is about funding alone: $0 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	226.28	0.0066	pay 0.0066% / 8h	7h 18m	$483K	$544K	20x
Short	Ondo Perps NVDA-USD.P	226.06	0.0050	get 0.0006% / 1h	18m 04s	$1.6M	$1.9M	15x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo 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 Ondo PerpsbpOrdersPrice spread, now −0.098%Rate

Funding earned: −$3.36
Price spread: −0.098% → −0.102%: $0.42
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$15.94
Costs to cover: 0.130%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 14 min ago; Ondo Perps: 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, 14 min ago	0.22 bp	5.5 bp −$6	8.6 bp −$86	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Hotstuff NVDA-PERP	−0.0048%	1h	226.06	−0.098%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.24	−0.018%	$12.5M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.24	−0.018%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.20	−0.036%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.30	+0.008%	$15.7M	$16.0M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.24	−0.016%	$21K	$431K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.90	−0.169%	$3K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.28	−0.001%	$198K	$436K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.46	+0.079%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0010%	1h	225.98	−0.133%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.19	−0.041%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.02	−0.115%	$640K	$872K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.17	−0.049%	$392K	$739K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.29	+0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.10	−0.080%	$147.3M	$43.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.17	−0.049%	$391K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.07	−0.094%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.Pshort	+0.0050%	1h	226.06	−0.098%	$1.6M	$1.9M	15x
Aster NVDAUSDTlong	+0.0066%	8h	226.28	long leg	$483K	$544K	20x
Nado NVDA-PERP	+0.0070%	1h	226.05	−0.100%	$480K	$221K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.19	−0.041%	$1.3M	$9.1M	10x	as long as short
Lighter RH NVDA	+0.0072%	1h	226.34	+0.026%	$5.1M	$7.2M	20x	as long as short
Variational Omni NVDA	+0.0090%	8h	226.27	−0.004%	$3.2M	$2.5M	—	as long as short
Pacifica NVDA	+0.0100%	1h	226.01	−0.121%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.02	−0.116%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.23	−0.023%	$36K	$20K	20x	as long as short
KuCoin NVDAUSDTM	+0.0108%	8h	226.24	−0.018%	$1.6M	$1.0M	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.21	−0.032%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.17	−0.049%	$1.3M	$682K	10x	as long as short
Binance NVDAUSDT	+0.0152%	8h	226.29	+0.006%	$155.1M	$222.3M	50x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.17	−0.049%	$53K	$1.9M	10x	as long as short
Phoenix NVDA	+0.0212%	1h	226.13	−0.067%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.114%	$73K	$138	30x	as long as short
BloFin NVDA-USDT	+0.0271%	8h	226.23	−0.023%	$715K	$200K	20x	as long as short
edgeX NVDAUSDC	+0.0910%	4h	226.21	−0.031%	$171K	$1.9M	20x	as long as short