Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.096%

Price spread now: edgeX against SoDEX+0.055%45s7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropedgeX: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and edgeX is 0.055% dearer against SoDEX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 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	SoDEX NVDA-USD	227.29	0.0050	pay 0.0006% / 1h	7m 30s	$58K	$20K	10x
Short	edgeX NVDAUSDC	227.42	0.0100	get 0.0050% / 4h	1h 07m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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 SoDEXbpFee edgeXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $10.5
Price spread: +0.055% → 0.000%: $5.53
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$0.96
Costs to cover: 0.170%
Break-even: 7.6 days

Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 1 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell edgeX live order book, 1 min ago	3.30 bp	8.1 bp −$8	13.1 bp −$131	doesn't fit	doesn't fit

SoDEX: 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
Hotstuff NVDA-PERP	−0.0008%	1h	227.28	−0.004%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.42	+0.057%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.42	+0.057%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.40	+0.048%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.38	+0.040%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.41	+0.055%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.50	+0.093%	$20K	$432K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.95	−0.150%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.47	+0.079%	$198K	$527K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.48	+0.084%	$2.2M	$41K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0022%	1h	227.46	+0.077%	$118K	$55K	10x	as long as short
Binance NVDAUSDT	+0.0026%	8h	227.42	+0.057%	$156.3M	$220.8M	50x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.24	−0.022%	$536K	$446K	10x	as long as short
Bitget NVDAUSDT	+0.0032%	8h	227.44	+0.066%	$15.6M	$17.7M	100x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.37	+0.035%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.47	+0.079%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.27	−0.009%	$147.3M	$48.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.32	+0.013%	$401K	$289K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.29	long leg	$58K	$20K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.22	−0.031%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	227.35	+0.026%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.43	+0.064%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.123%	$1.3M	$863K	10x	as long as short
BloFin NVDA-USDT	+0.0098%	8h	227.47	+0.079%	$715K	$204K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.26	−0.013%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.48	+0.084%	$1.6M	$747K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.33	+0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.38	+0.040%	$36K	$22K	20x	as long as short
edgeX NVDAUSDCshort	+0.0100%	4h	227.42	+0.055%	$170K	$1.9M	20x
Nado NVDA-PERP	+0.0103%	1h	227.27	−0.008%	$483K	$227K	20x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.57	+0.123%	$5.1M	$7.2M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0190%	1h	227.35	+0.026%	$49K	$1.4M	10x	as long as short
Lighter NVDA	+0.0200%	1h	227.44	+0.065%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.80	+0.224%	$73K	$139	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.26	−0.013%	$400K	$723K	20x	as long as short