Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0121%/8h= +13.2% APRpaid last 24h +0.045%

Price spread now: edgeX against BloFin−0.015%101s7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs+$30as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.297% of the position

Long on BloFin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.597%+$60 on $10k

Price spread, last 3 days (all we have)+0.077%+$8 · spread now −0.015%, 7d avg −0.011%

Together, before fees+0.674%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NVDA-USDT	227.78	0.0203	pay 0.0203% / 8h	6h 47m	$723K	$204K	20x
Short	edgeX NVDAUSDC	227.75	0.0324	get 0.0162% / 4h	2h 47m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against BloFin. 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 BloFinbpFee edgeXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $25.37
Price spread: −0.015% → −0.011%: −$0.36
Slippage, 4 orders: −$8.73
Fee BloFin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$4.72
Costs to cover: 0.297%
Break-even: 8.3 days

Slippage from BloFin: live order book, 19 min ago; edgeX: live order book, 2 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 BloFin live order book, 19 min ago	0.44 bp	6.4 bp −$6	7.1 bp −$71	14.1 bp −$1,411	doesn't fit
Sell edgeX live order book, 2 min ago	3.51 bp	8.4 bp −$8	13.8 bp −$138	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 NVDAUSDT	0.0000%	8h	227.73	−0.023%	$484K	$582K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.70	−0.035%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.68	−0.044%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.65	−0.057%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.82	+0.018%	$15.4M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.24	−0.237%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	−0.004%	$198K	$502K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.87	+0.040%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.59	−0.084%	$118K	$54K	10x	as long as short
Variational Omni NVDA	+0.0016%	8h	227.75	−0.013%	$3.5M	$1.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.53	−0.108%	$693K	$708K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.58	−0.088%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.71	−0.031%	$1.5M	$10.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.80	+0.009%	—	$74K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.56	−0.097%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.56	−0.097%	$148.0M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.70	−0.035%	$402K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.55	−0.101%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.57	−0.092%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.140%	$1.3M	$794K	10x	as long as short
Nado NVDA-PERP	+0.0079%	1h	227.59	−0.084%	$484K	$230K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0082%	8h	227.75	−0.012%	$20K	$389K	10x	as long as short
Binance NVDAUSDT	+0.0083%	8h	227.71	−0.029%	$156.3M	$216.6M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.58	−0.088%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.60	−0.079%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.70	−0.035%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.69	−0.038%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.69	−0.040%	$94K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	227.84	+0.026%	$5.1M	$7.0M	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.70	−0.036%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0138%	8h	227.74	−0.018%	$1.6M	$738K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.62	−0.070%	$49K	$1.5M	10x	as long as short
BloFin NVDA-USDTlong	+0.0203%	8h	227.78	long leg	$723K	$204K	20x
Injective NVDA/USDC PERP	+0.0220%	1h	228.15	+0.162%	$73K	$134	30x	as long as short
edgeX NVDAUSDCshort	+0.0324%	4h	227.75	−0.015%	$170K	$1.9M	20x