Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h —

Price spread now: Aevo against Binance−0.033%48s7-day average — · you buy dearer than you sell

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

Long on Binance Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. Aevo is 0.033% cheaper against Binance than usual: you would sell low and buy high (spread −0.033% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 33 hours of funding at the current rate (+$2 a day). The two prices were read 48 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	Binance NVDAUSDT	227.30	0	get 0.0000% / 8h	1h 45m	$156.2M	$220.5M	50x
Short	Aevo NVDA-PERP	227.23	0.0080	get 0.0010% / 1h	45m 28s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Binance. 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 BinancebpFee AevobpOrdersPrice spread, now −0.033%Rate

Funding earned: $16.8
Price spread: −0.033% → 0.000%: −$3.27
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$12.47
Costs to cover: 0.260%
Break-even: 12.2 days

Slippage unknown: Binance: live order book, 13 min ago; Aevo: 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 Binance live order book, 13 min ago	0.22 bp	5.7 bp −$6	8.3 bp −$83	20.3 bp −$2,028	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Hotstuff NVDA-PERP	−0.0032%	1h	227.10	−0.088%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.22	−0.036%	$474K	$550K	20x	as long as short
Binance NVDAUSDTlong	0.0000%	8h	227.30	long leg	$156.2M	$220.5M	50x
Bybit NVDAUSDT	0.0000%	8h	227.25	−0.022%	$12.7M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.24	−0.026%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.20	−0.044%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.25	−0.024%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.25	−0.022%	$20K	$452K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.84	−0.202%	$3K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.31	+0.004%	$202K	$524K	30x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.25	−0.022%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.16	−0.063%	$118K	$55K	10x	as long as short
Bitget NVDAUSDT	+0.0022%	8h	227.27	−0.013%	$15.6M	$18.2M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.10	−0.088%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.24	−0.026%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.35	+0.022%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.10	−0.088%	$147.1M	$50.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.20	−0.044%	$390K	$281K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.08	−0.097%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.06	−0.106%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0061%	1h	227.15	−0.068%	$483K	$227K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.11	−0.084%	$93K	$112K	20x	as long as short
Aevo NVDA-PERPshort	+0.0080%	1h	227.23	−0.033%	—	—	10x
Lighter RH NVDA	+0.0088%	1h	227.40	+0.044%	$4.9M	$7.0M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.128%	$1.3M	$911K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.11	−0.084%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.25	−0.022%	$1.6M	$754K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.11	−0.084%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.20	−0.044%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.17	−0.057%	$49K	$1.5M	10x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.27	−0.013%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0128%	1h	227.28	−0.009%	$2.1M	$3.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.145%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.17	−0.057%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0741%	4h	227.24	−0.026%	$170K	$1.9M	20x	as long as short