Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h —

Price spread now: tradeXYZ against Aevo−0.044%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.044% cheaper against Aevo than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NVDA-PERP	227.87	0.0104	pay 0.0013% / 1h	0m 09s	—	—	10x
Short	tradeXYZ xyz:NVDA	227.77	0.0050	get 0.0006% / 1h	0m 09s	$148.1M	$46.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Aevo. 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 AevobpFee tradeXYZbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$11.34
Price spread: −0.044% → 0.000%: −$4.43
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$49.77
Costs to cover: 0.340%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 10 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 Aevo no order-book sample	—	—	—	—	—
Sell tradeXYZ live order book, 10 min ago	0.22 bp	9.6 bp −$10	11.3 bp −$113	doesn't fit	doesn't fit

Aevo: 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	227.90	+0.013%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.88	+0.004%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.83	−0.018%	$7.2M	$9.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.44	−0.189%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.90	+0.013%	$198K	$505K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.92	+0.022%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0002%	8h	227.78	−0.040%	$484K	$582K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.85	−0.011%	$118K	$55K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.76	−0.049%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0019%	8h	227.86	−0.007%	$3.5M	$1.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.75	−0.055%	$695K	$671K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.92	+0.022%	$15.4M	$16.8M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.73	−0.062%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	0.000%	$1.5M	$10.8M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.99	+0.052%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAshort	+0.0050%	1h	227.77	−0.044%	$148.1M	$46.0M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.86	−0.005%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.75	−0.053%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.73	−0.062%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.180%	$1.3M	$798K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.81	−0.027%	$484K	$229K	20x	as long as short
Binance NVDAUSDT	+0.0087%	8h	227.92	+0.022%	$156.5M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.76	−0.050%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.74	−0.057%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.88	+0.004%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.83	−0.018%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERPlong	+0.0104%	1h	227.87	long leg	—	—	10x
Phoenix NVDA	+0.0106%	1h	227.75	−0.053%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0145%	8h	227.92	+0.022%	$1.6M	$734K	20x	as long as short
Lighter NVDA	+0.0152%	1h	227.90	+0.013%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	228.04	+0.074%	$5.1M	$7.2M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0190%	8h	227.92	+0.019%	$21K	$391K	10x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	227.90	+0.013%	$720K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.144%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0342%	4h	227.88	+0.003%	$170K	$1.9M	20x	as long as short