Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.12 per $10,000 · paid last 24h —

Price spread now: Aevo against Hotstuff+0.031%46s7-day average — · you sell dearer than you buy

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

Long on Hotstuff 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—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Aevo is 0.031% dearer against Hotstuff than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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	Hotstuff NVDA-PERP	227.77	0.0008	pay 0.0001% / 1h	24m 34s	$35K	—	20x
Short	Aevo NVDA-PERP	227.84	0.0104	get 0.0013% / 1h	24m 34s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Hotstuff. 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 HotstuffbpFee AevobpOrdersPrice spread, now +0.031%Rate

Funding earned: $20.16
Price spread: +0.031% → 0.000%: $3.12
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Aevo: 8 bp × 2 orders: −$16
Net: $2.28
Costs to cover: 0.210%
Break-even: 6.2 days

Slippage unknown: Hotstuff: no order-book sample; 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 Hotstuff no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Hotstuff and 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 34 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	227.80	+0.012%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.92	+0.066%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.93	+0.070%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.83	+0.026%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.91	+0.061%	$15.4M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.38	−0.171%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.96	+0.083%	$198K	$496K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.93	+0.070%	$2.2M	$43K	10x	as long as short
Hotstuff NVDA-PERPlong	+0.0008%	1h	227.77	long leg	$35K	—	20x
Aftermath Perps NVDAUSD	+0.0010%	1h	227.64	−0.058%	$118K	$54K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0018%	8h	227.89	+0.052%	$3.5M	$2.0M	—	as long as short
GRVT NVDA_USDT_Perp	+0.0019%	8h	227.82	+0.022%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.69	−0.035%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.89	+0.053%	$1.4M	$10.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.95	+0.079%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.74	−0.013%	$148.2M	$44.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.81	+0.018%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.73	−0.018%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.56	−0.092%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.136%	$1.3M	$786K	10x	as long as short
Nado NVDA-PERP	+0.0080%	1h	227.78	+0.005%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0083%	8h	227.93	+0.071%	$156.4M	$216.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.74	−0.015%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.65	−0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.84	+0.031%	$36K	$22K	20x	as long as short
Aevo NVDA-PERPshort	+0.0104%	1h	227.84	+0.031%	—	—	10x
Phoenix NVDA	+0.0105%	1h	227.77	0.000%	$94K	$112K	20x	as long as short
Extended NVDA_24_5-USD	+0.0112%	1h	227.66	−0.046%	$689K	$714K	10x	as long as short
Lighter NVDA	+0.0128%	1h	227.91	+0.063%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	227.86	+0.040%	$1.6M	$738K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	228.03	+0.114%	$5.1M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0189%	1h	227.78	+0.004%	$49K	$1.5M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.088%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0318%	4h	227.81	+0.018%	$170K	$1.9M	20x	as long as short