Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0021%/8h= +2.3% APRpaid last 24h −0.003%

Price spread now: ApeX Omni against Binance−0.106%7-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 ApeX Omni

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

Funding pays, the price is against you. ApeX Omni is 0.106% cheaper against Binance than usual: you would sell low and buy high (spread −0.106% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NVDAUSDT	226.43	0.0079	pay 0.0079% / 8h	2h 24m	$154.5M	$218.3M	50x
Short	ApeX Omni NVDAUSDT	226.19	0.0100	get 0.0013% / 1h	24m 48s	$16K	$44K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni 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 ApeX OmnibpOrdersPrice spread, now −0.106%Rate

Funding earned: $4.39
Price spread: −0.106% → 0.000%: −$10.6
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$26.21
Costs to cover: 0.200%
Break-even: 48.8 days

Slippage unknown: Binance: live order book, 4 min ago; ApeX Omni: 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, 4 min ago	0.22 bp	5.2 bp −$5	6.1 bp −$61	17.2 bp −$1,717	doesn't fit
Sell ApeX Omni no order-book sample	—	—	—	—	—

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
Hotstuff NVDA-PERP	−0.0040%	1h	226.20	−0.102%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.44	+0.003%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.39	−0.018%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.40	−0.013%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.38	−0.022%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.45	+0.009%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	+0.012%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.16	−0.119%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.053%	$198K	$459K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.52	+0.040%	$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	−0.041%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.29	−0.060%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.40	−0.013%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	−0.057%	$397K	$726K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.38	−0.022%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.018%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.28	−0.066%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.36	−0.031%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.24	−0.084%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.115%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0077%	1h	226.26	−0.074%	$481K	$227K	20x	as long as short
Binance NVDAUSDTlong	+0.0079%	8h	226.43	long leg	$154.5M	$218.3M	50x
Pacifica NVDA	+0.0100%	1h	226.27	−0.069%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.42	−0.004%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDTshort	+0.0100%	1h	226.19	−0.106%	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	−0.018%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.54	+0.049%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.40	−0.014%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.071%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.062%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.35	−0.035%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	0.000%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.124%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0328%	1h	226.21	−0.099%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	−0.053%	$170K	$1.9M	20x	as long as short