Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.024%

Price spread now: ApeX Omni against Bybit−0.053%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 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

Funding pays, the price is against you. ApeX Omni is 0.053% cheaper against Bybit than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 42 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NVDAUSDT	227.50	0	get 0.0000% / 8h	1h 18m	$12.7M	$15.5M	100x
Short	ApeX Omni NVDAUSDT	227.38	0.0100	get 0.0013% / 1h	18m 49s	$16K	$43K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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 BybitbpFee ApeX OmnibpOrdersPrice spread, now −0.053%Rate

Funding earned: $21
Price spread: −0.053% → 0.000%: −$5.27
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$5.27
Costs to cover: 0.210%
Break-even: 8.8 days

Slippage unknown: Bybit: live order book, 5 min ago; ApeX Omni: 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 Bybit live order book, 5 min ago	0.22 bp	6.6 bp −$7	9.3 bp −$93	55.3 bp −$5,535	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

ApeX Omni: 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	227.49	−0.004%	$474K	$578K	20x	as long as short
Bybit NVDAUSDTlong	0.0000%	8h	227.50	long leg	$12.7M	$15.5M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.49	−0.004%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.45	−0.022%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.55	+0.020%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.55	+0.022%	$20K	$435K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.05	−0.198%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.59	+0.040%	$198K	$528K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.56	+0.026%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	227.52	+0.007%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NVDAUSDT	+0.0019%	8h	227.53	+0.012%	$156.3M	$220.7M	50x	as long as short
Hotstuff NVDA-PERP	+0.0024%	1h	227.36	−0.062%	$35K	—	20x	as long as short
Bitget NVDAUSDT	+0.0027%	8h	227.50	0.000%	$15.6M	$17.7M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.31	−0.081%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.51	+0.004%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.57	+0.031%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.34	−0.070%	$147.3M	$49.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.40	−0.044%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.37	−0.057%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.28	−0.097%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	227.42	−0.035%	$94K	$112K	20x	as long as short
BloFin NVDA-USDT	+0.0076%	8h	227.49	−0.004%	$714K	$204K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.51	+0.006%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0094%	1h	227.37	−0.058%	$484K	$227K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.215%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.38	−0.053%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.56	+0.026%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDTshort	+0.0100%	1h	227.38	−0.053%	$16K	$43K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.51	+0.004%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.42	−0.035%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0160%	1h	227.66	+0.070%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.56	+0.024%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.80	+0.132%	$73K	$139	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.35	−0.066%	$400K	$723K	20x	as long as short
edgeX NVDAUSDC	+0.0913%	4h	227.54	+0.017%	$170K	$1.9M	20x	as long as short