Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.027%

Price spread now: ApeX Omni against OKX−0.009%110s7-day average — · you buy dearer than you sell

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

Long on OKX 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 110 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	OKX NVDA-USDT-SWAP	226.15	0	get 0.0000% / 8h	7h 31m	$14.1M	$20.3M	50x
Short	ApeX Omni NVDAUSDT	226.13	0.0100	get 0.0013% / 1h	31m 46s	$16K	$44K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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 OKXbpFee ApeX OmnibpOrdersPrice spread, now −0.009%Rate

Funding earned: $21
Price spread: −0.009% → 0.000%: −$0.88
Slippage, 4 orders: no order book: not counted
Fee OKX: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $0.12
Costs to cover: 0.200%
Break-even: 7.0 days

Slippage unknown: OKX: live order book, 2 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 OKX live order book, 2 min ago	0.22 bp	5.3 bp −$5	6.8 bp −$68	15.8 bp −$1,583	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
Bybit NVDAUSDT	0.0000%	8h	226.12	−0.013%	$12.5M	$14.7M	100x	as long as short
OKX NVDA-USDT-SWAPlong	0.0000%	8h	226.15	long leg	$14.1M	$20.3M	50x
Gate NVDA_USDT	0.0000%	8h	226.12	−0.013%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.25	+0.044%	$15.8M	$15.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.18	+0.011%	$22K	$428K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.77	−0.168%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.03	−0.053%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.32	+0.075%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.38	+0.102%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.03	−0.052%	$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
Lighter NVDA	+0.0032%	1h	226.14	−0.006%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.06	−0.041%	$640K	$875K	10x	as long as short
Lighter RH NVDA	+0.0040%	1h	226.31	+0.071%	$5.1M	$7.0M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.13	−0.009%	$391K	$738K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.26	+0.049%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.04	−0.049%	$146.8M	$43.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	225.95	−0.088%	$390K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	225.96	−0.084%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	225.94	−0.093%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0056%	1h	226.04	−0.049%	$480K	$222K	20x	as long as short
Aster NVDAUSDT	+0.0067%	8h	226.19	+0.019%	$481K	$544K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.12	−0.013%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	225.97	−0.080%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.04	−0.050%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDTshort	+0.0100%	1h	226.13	−0.009%	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.05	−0.044%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0100%	8h	226.16	+0.003%	$3.2M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0101%	8h	226.19	+0.018%	$1.6M	$963K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.07	−0.034%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.09	−0.027%	$1.3M	$688K	10x	as long as short
Binance NVDAUSDT	+0.0152%	8h	226.18	+0.012%	$154.9M	$221.0M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.04	−0.049%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.172%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0275%	8h	226.15	0.000%	$715K	$198K	20x	as long as short
edgeX NVDAUSDC	+0.0570%	4h	226.14	−0.002%	$170K	$1.9M	20x	as long as short