Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0278%/8h= −30.4% APRnext payment −$0.35 per $10,000 · paid last 24h —

Price spread now: Aevo against Deribit+0.023%7-day average — · you sell dearer than you buy

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

Long on Deribit Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—needs both histories

The price spread pays, funding is against you. Aevo is 0.023% dearer against Deribit than usual: you sell high and buy low (spread +0.023% now, against zero (this spread has no 7-day history yet)): +$2 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	227.40	0.0366	pay 0.0046% / 1h	49m 13s	$49K	$1.4M	10x
Short	Aevo NVDA-PERP	227.45	0.0088	get 0.0011% / 1h	49m 13s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Deribit. 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 DeribitbpFee AevobpOrdersPrice spread, now +0.023%Rate

Funding earned: −$58.39
Price spread: +0.023% → 0.000%: $2.33
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$79.05
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Deribit: live order book, 5 min ago; Aevo: 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 Deribit live order book, 5 min ago	4.18 bp	8.1 bp −$8	10.6 bp −$106	doesn't fit	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	227.42	+0.009%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.45	+0.022%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.44	+0.018%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.37	−0.013%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.46	+0.025%	$3.5M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.48	+0.035%	$20K	$427K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.92	−0.211%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.035%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.49	+0.040%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0029%	1h	227.46	+0.028%	$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
Hotstuff NVDA-PERP	+0.0032%	1h	227.31	−0.040%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.47	+0.030%	$156.3M	$220.1M	50x	as long as short
Extended NVDA_24_5-USD	+0.0040%	1h	227.24	−0.068%	$536K	$446K	10x	as long as short
Bitget NVDAUSDT	+0.0041%	8h	227.45	+0.022%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.48	+0.035%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	−0.040%	$147.3M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.34	−0.026%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.31	−0.040%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.062%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.44	+0.018%	$1.6M	$11.4M	10x	as long as short
Aevo NVDA-PERPshort	+0.0088%	1h	227.45	+0.023%	—	—	10x
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.172%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.30	−0.044%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.044%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.31	−0.040%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.41	+0.004%	$36K	$22K	20x	as long as short
Nado NVDA-PERP	+0.0102%	1h	227.28	−0.051%	$483K	$228K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	−0.026%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.29	−0.048%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0154%	8h	227.48	+0.035%	$672K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.145%	$73K	$135	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	227.59	+0.084%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0248%	1h	227.48	+0.035%	$2.1M	$3.3M	20x	as long as short
edgeX NVDAUSDC	+0.0313%	4h	227.46	+0.025%	$170K	$1.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	+0.0366%	1h	227.40	long leg	$49K	$1.4M	10x