Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0188%/8h= +20.6% APRpaid last 24h +0.037%

Price spread now: BloFin against ApeX Omni+0.084%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 BloFin

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—needs both histories

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.084% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NVDAUSDT	226.76	0.0100	pay 0.0013% / 1h	56m 39s	$16K	$45K	50x
Short	BloFin NVDA-USDT	226.95	0.0288	get 0.0288% / 8h	6h 56m	$717K	$202K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.084%Rate

Funding earned: $39.51
Price spread: +0.084% → 0.000%: $8.38
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: $25.89
Costs to cover: 0.220%
Break-even: 2.4 days

Slippage unknown: ApeX Omni: no order-book sample; BloFin: live order book, 15 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 BloFin live order book, 15 min ago	0.22 bp	6.2 bp −$6	7.5 bp −$75	16.0 bp −$1,600	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	227.03	+0.119%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.00	+0.106%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.93	+0.075%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.03	+0.119%	$15.7M	$16.0M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.56	−0.088%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.00	+0.106%	$198K	$436K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.02	+0.115%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	226.86	+0.042%	$117K	$51K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.82	+0.026%	$641K	$885K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.04	+0.123%	—	$74K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NVDA-USD	+0.0047%	1h	227.00	+0.106%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.79	+0.013%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.86	+0.044%	$147.8M	$44.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.80	+0.018%	$392K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	+0.018%	$59K	$18K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.81	+0.022%	$1.6M	$1.9M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0053%	8h	226.94	+0.080%	$21K	$433K	10x	as long as short
Lighter NVDA	+0.0064%	1h	226.96	+0.090%	$2.1M	$3.1M	20x	as long as short
Aster NVDAUSDT	+0.0083%	8h	226.96	+0.088%	$485K	$543K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	+0.029%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDTlong	+0.0100%	1h	226.76	long leg	$16K	$45K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.89	+0.057%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0111%	8h	226.94	+0.081%	$3.3M	$2.5M	—	as long as short
Nado NVDA-PERP	+0.0114%	1h	226.80	+0.016%	$482K	$221K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.92	+0.071%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0121%	8h	226.96	+0.088%	$1.6M	$1.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.48	−0.123%	$1.3M	$681K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0147%	1h	226.85	+0.040%	$53K	$1.9M	10x	as long as short
Lighter RH NVDA	+0.0152%	1h	227.12	+0.159%	$5.1M	$6.9M	20x	as long as short
Binance NVDAUSDT	+0.0169%	8h	227.03	+0.119%	$155.7M	$223.4M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.87	+0.049%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.318%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.98	+0.097%	$393K	$740K	20x	as long as short
BloFin NVDA-USDTshort	+0.0288%	8h	226.95	+0.084%	$717K	$202K	20x
edgeX NVDAUSDC	+0.0289%	4h	226.94	+0.081%	$171K	$1.9M	20x	as long as short