Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against ApeX Omni+0.075%76s7-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 HTX

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

The price spread pays, funding is against you. HTX is 0.075% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.075% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 76 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	ApeX Omni NVDAUSDT	227.47	0.0100	pay 0.0013% / 1h	11m 51s	$16K	$44K	50x
Short	HTX NVDA-USDT	227.64	0	get 0.0000% / 8h	4h 11m	$198K	$468K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.075%Rate

Funding earned: −$21
Price spread: +0.075% → 0.000%: $7.47
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$35.53
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; HTX: live order book, 47 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 HTX live order book, 47 min ago	0.22 bp	10.6 bp −$11	12.7 bp −$127	22.7 bp −$2,272	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	227.59	+0.053%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.58	+0.048%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.52	+0.022%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.61	+0.062%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.24	−0.101%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.64	+0.075%	$198K	$468K	30x
Phemex NVDAUSDT	0.0000%	4h	227.66	+0.084%	$2.2M	$43K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0014%	1h	227.50	+0.013%	$49K	$1.6M	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.55	+0.035%	$118K	$54K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0021%	8h	227.63	+0.070%	$20K	$390K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0031%	8h	227.60	+0.056%	$483K	$590K	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.54	+0.031%	$399K	$741K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.71	+0.106%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.45	−0.009%	$147.8M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.56	+0.040%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.45	−0.009%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.36	−0.048%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.55	+0.035%	$1.3M	$9.2M	10x	as long as short
Variational Omni NVDA	+0.0062%	8h	227.60	+0.055%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERP	+0.0070%	1h	227.48	+0.006%	$484K	$228K	20x	as long as short
Lighter NVDA	+0.0072%	1h	227.56	+0.041%	$2.2M	$3.3M	20x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	227.44	−0.013%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.47	−0.001%	$299K	$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	227.55	+0.035%	$36K	$21K	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	227.58	+0.046%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0115%	8h	227.60	+0.057%	$156.2M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	227.62	+0.066%	$1.6M	$722K	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.52	+0.022%	$94K	$112K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.73	+0.114%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.91	+0.193%	$73K	$139	30x	as long as short
BloFin NVDA-USDT	+0.0236%	8h	227.63	+0.070%	$721K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	227.44	−0.013%	$675K	$748K	10x	as long as short
edgeX NVDAUSDC	+0.0852%	4h	227.56	+0.040%	$170K	$1.9M	20x	as long as short