Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0803%/8h= +87.9% APRpaid last 24h +0.071%

Price spread now: edgeX against KuCoin+0.007%68s7-day average −0.039% · you sell dearer than you buy

Net, funding: paid 7d − costs−$15as 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−$770.769% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.617%+$62 on $10k

Price spread, last 7 days−0.034%−$3 · spread now +0.007%, 7d avg −0.039%

Together, before fees+0.583%+ Points / potential airdropedgeX: Active · farm board+$58 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and edgeX is 0.046% dearer against KuCoin than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 68 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	KuCoin NVDAUSDTM	226.46	0.0100	pay 0.0100% / 8h	1h 48m	$1.6M	$748K	20x
Short	edgeX NVDAUSDC	226.48	0.0903	get 0.0452% / 4h	1h 48m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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 KuCoinbpFee edgeXbpOrdersPrice spread, now +0.007%Rate

Funding earned: $168.67
Price spread: +0.007% → −0.039%: $4.61
Slippage, 4 orders: −$55.85
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $96.43
Costs to cover: 0.769%
Break-even: 3.0 days

Slippage from KuCoin: live order book, 7 min ago; edgeX: live order book, 1 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 KuCoin live order book, 7 min ago	2.65 bp	37.3 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 1 min ago	3.31 bp	8.2 bp −$8	13.4 bp −$134	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
Bybit NVDAUSDT	0.0000%	8h	226.43	−0.013%	$12.4M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.43	−0.013%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.37	−0.040%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.50	+0.018%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.48	+0.011%	$22K	$422K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.13	−0.146%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.58	+0.053%	$198K	$454K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.64	+0.079%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0001%	8h	226.45	−0.003%	$482K	$571K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.39	−0.029%	$117K	$52K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0014%	8h	226.44	−0.010%	$3.6M	$2.1M	—	as long as short
Hotstuff NVDA-PERP	+0.0024%	1h	226.36	−0.044%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.42	−0.018%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.50	+0.018%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.28	−0.079%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.36	−0.044%	$398K	$279K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.27	−0.084%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.27	−0.084%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.45	−0.004%	$1.3M	$9.1M	10x	as long as short
Binance NVDAUSDT	+0.0088%	8h	226.42	−0.018%	$154.3M	$219.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.31	−0.066%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTMlong	+0.0100%	8h	226.46	long leg	$1.6M	$748K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.31	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.40	−0.026%	$36K	$21K	20x	as long as short
Lighter NVDA	+0.0104%	1h	226.38	−0.037%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.42	−0.016%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.34	−0.053%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.075%	$1.3M	$789K	10x	as long as short
Nado NVDA-PERP	+0.0154%	1h	226.31	−0.066%	$481K	$226K	20x	as long as short
Lighter RH NVDA	+0.0168%	1h	226.59	+0.057%	$5.1M	$6.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.35	−0.049%	$52K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	226.54	+0.035%	$717K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.74	+0.124%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0440%	1h	226.20	−0.115%	$667K	$762K	10x	as long as short
edgeX NVDAUSDCshort	+0.0903%	4h	226.48	+0.007%	$170K	$1.9M	20x