Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0118%/8h= +13.0% APRpaid last 24h +0.019%

Price spread now: Binance against Vest−0.031%47s7-day average — · you buy dearer than you sell

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

Long on Vest Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Binance is 0.031% cheaper against Vest than usual: you would sell low and buy high (spread −0.031% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 21 hours of funding at the current rate (+$4 a day). The two prices were read 47 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	Vest NVDA-USD-PERP	227.05	0.0046	pay 0.0006% / 1h	2m 42s	—	$74K	25x
Short	Binance NVDAUSDT	226.98	0.0164	get 0.0164% / 8h	7h 02m	$155.6M	$223.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Vest. 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 VestbpFee BinancebpOrdersPrice spread, now −0.031%Rate

Funding earned: $24.87
Price spread: −0.031% → 0.000%: −$3.08
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Binance: 5 bp × 2 orders: −$10
Net: $9.79
Costs to cover: 0.120%
Break-even: 4.2 days

Slippage unknown: Vest: no order-book sample; Binance: live order book, 11 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 Vest no order-book sample	—	—	—	—	—
Sell Binance live order book, 11 min ago	0.22 bp	5.2 bp −$5	5.9 bp −$59	18.7 bp −$1,867	doesn't fit

Vest: 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	226.94	−0.048%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.94	−0.048%	$14.2M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.89	−0.070%	$7.2M	$10.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.00	−0.022%	$15.7M	$16.0M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.57	−0.211%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.00	−0.022%	$198K	$436K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.97	−0.035%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0010%	1h	226.82	−0.102%	$117K	$51K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.90	−0.064%	$2.1M	$3.3M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.77	−0.123%	$640K	$872K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.86	−0.084%	$392K	$739K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0044%	8h	226.92	−0.055%	$21K	$432K	10x	as long as short
Vest NVDA-USD-PERPlong	+0.0046%	1h	227.05	long leg	—	$74K	25x
Hotstuff NVDA-PERP	+0.0048%	1h	226.75	−0.132%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.79	−0.115%	$147.7M	$44.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.81	−0.106%	$392K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.81	−0.106%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.73	−0.141%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0071%	1h	226.80	−0.111%	$482K	$221K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.90	−0.066%	$1.3M	$9.1M	10x	as long as short
Aster NVDAUSDT	+0.0078%	8h	226.96	−0.040%	$485K	$543K	20x	as long as short
Lighter RH NVDA	+0.0080%	1h	227.05	0.000%	$5.1M	$7.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.75	−0.134%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.74	−0.137%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.90	−0.066%	$36K	$20K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0103%	1h	226.86	−0.084%	$53K	$1.9M	10x	as long as short
Variational Omni NVDA	+0.0105%	8h	226.92	−0.058%	$3.2M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0116%	8h	226.88	−0.075%	$1.6M	$1.1M	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.92	−0.059%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.48	−0.251%	$1.3M	$682K	10x	as long as short
Binance NVDAUSDTshort	+0.0164%	8h	226.98	−0.031%	$155.6M	$223.1M	50x
Phoenix NVDA	+0.0212%	1h	226.84	−0.092%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.96	−0.040%	$73K	$139	30x	as long as short
BloFin NVDA-USDT	+0.0283%	8h	226.98	−0.031%	$712K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0730%	4h	226.94	−0.048%	$171K	$1.9M	20x	as long as short