Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0034%/8h= −3.7% APRpaid last 24h −0.018%

Price spread now: SoDEX against Binance−0.084%7-day average — · you buy dearer than you sell

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

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SoDEX is 0.084% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NVDAUSDT	226.49	0.0084	pay 0.0084% / 8h	1h 55m	$154.4M	$219.1M	50x
Short	SoDEX NVDA-USD	226.30	0.0050	get 0.0006% / 1h	55m 06s	$59K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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 BinancebpFee SoDEXbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$7.06
Price spread: −0.084% → 0.000%: −$8.39
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$33.45
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 3 min ago; SoDEX: 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 Binance live order book, 3 min ago	0.22 bp	5.2 bp −$5	5.8 bp −$58	16.4 bp −$1,643	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Aster NVDAUSDT	0.0000%	8h	226.52	+0.013%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.48	−0.004%	$12.4M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.46	−0.013%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.44	−0.022%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.51	+0.009%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.55	+0.028%	$21K	$416K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.12	−0.163%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.72	+0.102%	$198K	$455K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.65	+0.071%	$2.2M	$42K	10x	as long as short
Variational Omni NVDA	+0.0012%	8h	226.43	−0.029%	$3.6M	$2.1M	—	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	+0.0012%	1h	226.39	−0.042%	$117K	$52K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.50	+0.004%	$398K	$734K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.54	+0.022%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.34	−0.066%	$147.0M	$43.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.39	−0.044%	$398K	$279K	10x	as long as short
SoDEX NVDA-USDshort	+0.0050%	1h	226.30	−0.084%	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.48	−0.004%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.40	−0.040%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.50	+0.004%	$35K	—	20x	as long as short
Binance NVDAUSDTlong	+0.0084%	8h	226.49	long leg	$154.4M	$219.1M	50x
Pacifica NVDA	+0.0100%	1h	226.28	−0.091%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.50	+0.004%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.34	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.44	−0.022%	$36K	$21K	20x	as long as short
Lighter NVDA	+0.0104%	1h	226.46	−0.014%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.45	−0.020%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.58	+0.040%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.088%	$1.3M	$789K	10x	as long as short
Nado NVDA-PERP	+0.0150%	1h	226.27	−0.099%	$481K	$226K	20x	as long as short
Lighter RH NVDA	+0.0168%	1h	226.60	+0.049%	$5.0M	$6.9M	20x	as long as short
BloFin NVDA-USDT	+0.0204%	8h	226.45	−0.018%	$714K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.74	+0.110%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.41	−0.035%	$52K	$1.8M	10x	as long as short
edgeX NVDAUSDC	+0.0318%	4h	226.63	+0.062%	$170K	$1.9M	20x	as long as short
Extended NVDA_24_5-USD	+0.0408%	1h	226.26	−0.102%	$668K	$767K	10x	as long as short