Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%

Price spread now: Bybit against Aster+0.090%7-day average −0.010% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$13as in the Price arb table

costs, in and out, $10k−$240.235% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.104%−$10 on $10k

Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.090%, 7d avg −0.010%

Together, before fees−0.219%+ Points / potential airdropAster: Stage 5 · farm board−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.100% dearer against Aster than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.010%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.61	0	get 0.0000% / 8h	7h 30m	$483K	$586K	20x
Short	Bybit NVDAUSDT	227.82	0	get 0.0000% / 8h	7h 30m	$12.7M	$15.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Aster. 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 AsterbpFee BybitbpOrdersPrice spread, now +0.090%Rate

Funding earned: $0
Price spread: +0.090% → −0.010%: $10.04
Slippage, 4 orders: −$4.53
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$13.48
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Aster: live order book, 42 min ago; Bybit: live order book, 3 min ago.

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 Aster live order book, 42 min ago	0.88 bp	4.9 bp −$5	7.1 bp −$71	doesn't fit	doesn't fit
Sell Bybit live order book, 3 min ago	0.22 bp	6.3 bp −$6	9.0 bp −$90	75.8 bp −$7,583	doesn't fit

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
Aster NVDAUSDTlong	0.0000%	8h	227.61	long leg	$483K	$586K	20x
Bybit NVDAUSDTshort	0.0000%	8h	227.82	+0.090%	$12.7M	$15.3M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.81	+0.086%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.76	+0.064%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.79	+0.077%	$3.6M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.38	−0.103%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	+0.068%	$198K	$511K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.85	+0.104%	$2.2M	$42K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0009%	8h	227.62	+0.003%	$20K	$395K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	227.51	−0.045%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0024%	1h	227.63	+0.007%	$35K	—	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.57	−0.019%	$525K	$472K	10x	as long as short
Bitget NVDAUSDT	+0.0037%	8h	227.87	+0.112%	$15.5M	$16.9M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.55	−0.028%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.75	+0.060%	$1.6M	$11.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.82	+0.090%	—	$74K	25x	as long as short
Binance NVDAUSDT	+0.0047%	8h	227.87	+0.111%	$156.5M	$217.4M	50x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.67	+0.024%	$147.8M	$46.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.71	+0.042%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.65	+0.016%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.55	−0.028%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.068%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0080%	1h	227.63	+0.006%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.78	+0.074%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.65	+0.016%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.49	−0.055%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.76	+0.064%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.61	−0.002%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0126%	8h	227.71	+0.042%	$1.6M	$742K	20x	as long as short
Lighter NVDA	+0.0136%	1h	227.83	+0.096%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.95	+0.147%	$5.1M	$7.1M	20x	as long as short
BloFin NVDA-USDT	+0.0166%	8h	227.82	+0.090%	$717K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.22	+0.266%	$73K	$138	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0321%	1h	227.77	+0.068%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0627%	4h	227.62	+0.001%	$170K	$1.9M	20x	as long as short