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 +0.008%

Price spread now: OKX against SoDEX+0.062%7-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 OKX

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—needs both histories

The price spread pays, funding is against you. OKX is 0.062% dearer against SoDEX than usual: you sell high and buy low (spread +0.062% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	227.10	0.0050	pay 0.0006% / 1h	49m 35s	$58K	$20K	10x
Short	OKX NVDA-USDT-SWAP	227.24	0	get 0.0000% / 8h	1h 49m	$14.4M	$21.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.062%Rate

Funding earned: −$10.5
Price spread: +0.062% → 0.000%: $6.16
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$22.34
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; OKX: live order book, 4 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 OKX live order book, 4 min ago	0.22 bp	5.5 bp −$6	6.7 bp −$67	25.0 bp −$2,503	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
Aster NVDAUSDT	0.0000%	8h	227.22	+0.051%	$474K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.25	+0.066%	$156.2M	$220.6M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.23	+0.057%	$12.6M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAPshort	0.0000%	8h	227.24	+0.062%	$14.4M	$21.1M	50x
Gate NVDA_USDT	0.0000%	8h	227.19	+0.040%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.25	+0.064%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.19	+0.040%	$20K	$459K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.90	−0.088%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.31	+0.092%	$202K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.30	+0.088%	$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	+0.0014%	1h	227.20	+0.043%	$118K	$55K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0014%	1h	227.18	+0.035%	$49K	$1.5M	10x	as long as short
Bitget NVDAUSDT	+0.0025%	8h	227.24	+0.062%	$15.6M	$18.2M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.11	+0.004%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.23	+0.057%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.31	+0.092%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.09	−0.004%	$147.1M	$50.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.18	+0.035%	$390K	$281K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.10	long leg	$58K	$20K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.04	−0.026%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0053%	1h	227.14	+0.018%	$487K	$225K	20x	as long as short
Hotstuff NVDA-PERP	+0.0056%	1h	227.09	−0.004%	$35K	—	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.16	+0.026%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0080%	1h	227.38	+0.123%	$4.9M	$7.0M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.25	+0.065%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.040%	$1.3M	$911K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.11	+0.003%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.23	+0.057%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.15	+0.022%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.23	+0.057%	$36K	$22K	20x	as long as short
Lighter NVDA	+0.0112%	1h	227.26	+0.072%	$2.1M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.24	+0.062%	$714K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.233%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.15	+0.022%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0498%	4h	227.24	+0.063%	$170K	$1.9M	20x	as long as short