Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.007%

Price spread now: SoDEX against Aster−0.080%7-day average — · you buy dearer than you sell

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

Long on Aster Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. SoDEX is 0.080% cheaper against Aster than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.76	0	get 0.0000% / 8h	6h 38m	$484K	$581K	20x
Short	SoDEX NVDA-USD	227.58	0.0050	get 0.0006% / 1h	38m 00s	$58K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.080%Rate

Funding earned: $10.5
Price spread: −0.080% → 0.000%: −$8.03
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$13.53
Costs to cover: 0.160%
Break-even: 16.0 days

Slippage unknown: Aster: live order book, 30 min ago; SoDEX: no order-book sample. 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 Aster live order book, 30 min ago	0.66 bp	5.5 bp −$6	9.3 bp −$93	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Aster NVDAUSDTlong	0.0000%	8h	227.76	long leg	$484K	$581K	20x
Bybit NVDAUSDT	0.0000%	8h	227.71	−0.023%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.74	−0.010%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.67	−0.041%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.77	+0.003%	$15.4M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.24	−0.230%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.75	−0.006%	$198K	$500K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.77	+0.003%	$2.2M	$43K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	227.58	−0.080%	$35K	—	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.58	−0.080%	$118K	$54K	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	+0.0017%	8h	227.69	−0.032%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.56	−0.089%	$693K	$709K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.57	−0.085%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.71	−0.023%	$1.5M	$10.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.84	+0.034%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.60	−0.072%	$148.0M	$44.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.68	−0.036%	$402K	$280K	10x	as long as short
SoDEX NVDA-USDshort	+0.0050%	1h	227.58	−0.080%	$58K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.54	−0.098%	$1.5M	$2.1M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0052%	8h	227.71	−0.023%	$20K	$386K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.67	−0.041%	$49K	$1.5M	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.133%	$1.3M	$788K	10x	as long as short
Nado NVDA-PERP	+0.0073%	1h	227.63	−0.057%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	227.78	+0.007%	$156.3M	$216.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.60	−0.070%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.58	−0.080%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.70	−0.028%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.70	−0.027%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.63	−0.058%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.77	+0.002%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.86	+0.043%	$5.1M	$7.0M	20x	as long as short
KuCoin NVDAUSDTM	+0.0134%	8h	227.73	−0.014%	$1.6M	$737K	20x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	227.78	+0.007%	$723K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.96	+0.086%	$73K	$135	30x	as long as short
edgeX NVDAUSDC	+0.0806%	4h	227.71	−0.022%	$170K	$1.9M	20x	as long as short