Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h −0.008%

Price spread now: Aster against ApeX Omni+0.033%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.033% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 43 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NVDAUSDT	227.47	0.0100	pay 0.0013% / 1h	39m 34s	$16K	$44K	50x
Short	Aster NVDAUSDT	227.54	0.0039	get 0.0039% / 8h	4h 39m	$483K	$590K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.033%Rate

Funding earned: −$12.85
Price spread: +0.033% → 0.000%: $3.29
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$27.55
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; Aster: live order book, 18 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell Aster live order book, 18 min ago	0.44 bp	4.4 bp −$4	7.5 bp −$75	doesn't fit	doesn't fit

ApeX Omni: 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	227.49	+0.009%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.47	0.000%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.45	−0.009%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.54	+0.031%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.11	−0.158%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.42	−0.022%	$49K	$1.6M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.64	+0.075%	$198K	$471K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.63	+0.070%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	227.42	−0.021%	$118K	$54K	10x	as long as short
Aster NVDAUSDTshort	+0.0039%	8h	227.54	+0.033%	$483K	$590K	20x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.57	+0.044%	$406K	$745K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.70	+0.101%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.39	−0.035%	$147.7M	$43.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.53	+0.026%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.41	−0.026%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.28	−0.084%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.46	−0.004%	$1.4M	$9.4M	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0066%	8h	227.61	+0.061%	$20K	$390K	10x	as long as short
Variational Omni NVDA	+0.0073%	8h	227.50	+0.014%	$3.5M	$2.1M	—	as long as short
Lighter NVDA	+0.0080%	1h	227.49	+0.009%	$2.2M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0092%	1h	227.49	+0.010%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.42	−0.020%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDTlong	+0.0100%	1h	227.47	long leg	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	+0.013%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	+0.026%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.52	+0.021%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0124%	8h	227.52	+0.022%	$156.5M	$216.2M	50x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	−0.004%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0147%	8h	227.54	+0.031%	$1.6M	$724K	20x	as long as short
Lighter RH NVDA	+0.0160%	1h	227.64	+0.075%	$5.1M	$7.1M	20x	as long as short
Hotstuff NVDA-PERP	+0.0208%	1h	227.37	−0.044%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.03	+0.246%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0246%	8h	227.57	+0.044%	$722K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0456%	1h	227.39	−0.035%	$685K	$733K	10x	as long as short
edgeX NVDAUSDC	+0.0515%	4h	227.55	+0.033%	$170K	$1.9M	20x	as long as short