Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0673%/8h= +73.7% APRpaid last 24h +0.097%

Price spread now: edgeX against tradeXYZ+0.027%7-day average +0.045% · you sell dearer than you buy

Net, funding: paid 7d − costs+$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$360.355% of the position

Long on tradeXYZ Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.798%+$80 on $10k

Price spread, last 7 days+0.018%+$2 · spread now +0.027%, 7d avg +0.045%

Together, before fees+0.815%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$82 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.045%, so right now this pair is about funding alone: +$20 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NVDA	226.39	0.0050	pay 0.0006% / 1h	25m 20s	$147.1M	$43.5M	20x
Short	edgeX NVDAUSDC	226.45	0.0723	get 0.0361% / 4h	1h 25m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against tradeXYZ. 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 tradeXYZbpFee edgeXbpOrdersPrice spread, now +0.027%Rate

Funding earned: $141.25
Price spread: +0.027% → +0.045%: −$1.85
Slippage, 4 orders: −$8.55
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $103.86
Costs to cover: 0.355%
Break-even: 1.9 days

Slippage from tradeXYZ: live order book, 5 min ago; edgeX: live order book, 4 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 tradeXYZ live order book, 5 min ago	0.22 bp	9.6 bp −$10	10.6 bp −$106	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.31 bp	8.1 bp −$8	13.2 bp −$132	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
Aster NVDAUSDT	0.0000%	8h	226.48	+0.038%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.50	+0.049%	$12.4M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.48	+0.040%	$14.1M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.45	+0.027%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.52	+0.057%	$15.2M	$16.0M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.48	+0.039%	$22K	$418K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.12	−0.119%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.57	+0.080%	$198K	$451K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.59	+0.088%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.24	−0.065%	$117K	$51K	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	+0.0016%	8h	226.48	+0.038%	$3.4M	$2.3M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.40	+0.004%	$399K	$731K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.60	+0.093%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	226.39	long leg	$147.1M	$43.5M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	226.43	+0.018%	$391K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.37	−0.009%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.27	−0.053%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.46	+0.031%	$1.3M	$9.1M	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0059%	1h	226.41	+0.009%	$52K	$1.8M	10x	as long as short
Lighter NVDA	+0.0080%	1h	226.47	+0.037%	$2.1M	$3.3M	20x	as long as short
Binance NVDAUSDT	+0.0083%	8h	226.53	+0.062%	$154.5M	$218.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.35	−0.018%	$297K	$46K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.43	+0.018%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.33	−0.027%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.46	+0.031%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.48	+0.039%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.32	−0.031%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.044%	$1.3M	$732K	10x	as long as short
Lighter RH NVDA	+0.0120%	1h	226.61	+0.097%	$5.0M	$7.0M	20x	as long as short
Nado NVDA-PERP	+0.0122%	1h	226.38	−0.006%	$481K	$224K	20x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	226.36	−0.013%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0204%	8h	226.48	+0.040%	$715K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.67	+0.124%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0400%	1h	226.33	−0.027%	$623K	$833K	10x	as long as short
edgeX NVDAUSDCshort	+0.0723%	4h	226.45	+0.027%	$170K	$1.9M	20x