Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0162%/8h= −17.7% APRpaid last 24h −0.084%

Price spread now: SoDEX against edgeX−0.019%7-day average — · you buy dearer than you sell

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

Long on edgeX 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 airdropedgeX: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$5 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX NVDAUSDC	227.66	0.0212	pay 0.0106% / 4h	2h 35m	$170K	$1.9M	20x
Short	SoDEX NVDA-USD	227.62	0.0050	get 0.0006% / 1h	35m 15s	$58K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against edgeX. 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 edgeXbpFee SoDEXbpOrdersPrice spread, now −0.019%Rate

Funding earned: −$33.97
Price spread: −0.019% → 0.000%: −$1.85
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$52.82
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: edgeX: live order book, 4 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 edgeX live order book, 4 min ago	3.51 bp	8.4 bp −$8	12.5 bp −$125	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
Hotstuff NVDA-PERP	−0.0016%	1h	227.62	−0.019%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.78	+0.052%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.76	+0.043%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.76	+0.043%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.70	+0.017%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.80	+0.061%	$15.4M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.29	−0.163%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.75	+0.039%	$198K	$498K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.80	+0.061%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.57	−0.041%	$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	+0.0015%	8h	227.74	+0.034%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.59	−0.029%	$693K	$709K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0037%	8h	227.71	+0.021%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.61	−0.023%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.75	+0.039%	$1.5M	$10.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.85	+0.083%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.63	−0.014%	$148.0M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.72	+0.025%	$402K	$280K	10x	as long as short
SoDEX NVDA-USDshort	+0.0050%	1h	227.62	−0.019%	$58K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.56	−0.045%	$1.5M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.089%	$1.3M	$788K	10x	as long as short
Nado NVDA-PERP	+0.0073%	1h	227.63	−0.012%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	227.80	+0.059%	$156.3M	$216.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.60	−0.026%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.58	−0.036%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.74	+0.034%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.70	+0.017%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.76	+0.044%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.62	−0.019%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.78	+0.053%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.88	+0.096%	$5.1M	$7.0M	20x	as long as short
KuCoin NVDAUSDTM	+0.0131%	8h	227.76	+0.043%	$1.6M	$737K	20x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	227.78	+0.052%	$723K	$204K	20x	as long as short
edgeX NVDAUSDClong	+0.0212%	4h	227.66	long leg	$170K	$1.9M	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.135%	$73K	$137	30x	as long as short