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 −0.022%

Price spread now: HTX against Aster+0.041%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Aster Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.154%−$15 on $10k

Price spread, last 4 days (all we have)−0.072%−$7 · spread now +0.041%, 7d avg −0.021%

Together, before fees−0.226%+ Points / potential airdropAster: Stage 5 · farm board−$23 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: HTX is 0.062% dearer against Aster than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	226.46	0	get 0.0000% / 8h	2h 24m	$482K	$571K	20x
Short	HTX NVDA-USDT	226.55	0	get 0.0000% / 8h	2h 24m	$198K	$459K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.041%Rate

Funding earned: $0
Price spread: +0.041% → −0.021%: $6.18
Slippage, 4 orders: −$9.75
Fee Aster: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$23.58
Costs to cover: 0.298%
Break-even: never at this rate

Slippage from Aster: live order book, 23 min ago; HTX: live order book, 24 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, 23 min ago	0.66 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell HTX live order book, 24 min ago	0.66 bp	11.3 bp −$11	11.9 bp −$119	37.2 bp −$3,723	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
Hotstuff NVDA-PERP	−0.0040%	1h	226.20	−0.113%	$35K	—	20x	as long as short
Aster NVDAUSDTlong	0.0000%	8h	226.46	long leg	$482K	$571K	20x
Bybit NVDAUSDT	0.0000%	8h	226.39	−0.029%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.45	−0.003%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.38	−0.034%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.45	−0.003%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	0.000%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.16	−0.131%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	226.55	+0.041%	$198K	$459K	30x
Phemex NVDAUSDT	0.0000%	4h	226.52	+0.028%	$2.2M	$43K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0004%	8h	226.34	−0.053%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.29	−0.072%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0040%	1h	226.43	−0.014%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.32	−0.060%	$397K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.38	−0.034%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.006%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.30	−0.069%	$147.0M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.36	−0.043%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.24	−0.096%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.118%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0077%	1h	226.26	−0.085%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.47	+0.007%	$154.5M	$218.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.32	−0.060%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.45	−0.003%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.118%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	−0.029%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.56	+0.046%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.40	−0.026%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.082%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.074%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.35	−0.047%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	−0.012%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.112%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0328%	1h	226.21	−0.111%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	−0.065%	$170K	$1.9M	20x	as long as short