Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0598%/8h= +65.4% APRpaid last 24h +0.065%

Price spread now: edgeX against Ondo Perps+0.084%54s7-day average +0.075% · you sell dearer than you buy

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

Long on Ondo Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.829%+$83 on $10k

Price spread, last 7 days+0.084%+$8 · spread now +0.084%, 7d avg +0.075%

Together, before fees+0.913%+ Points / potential airdropOndo Perps: Active · edgeX: Active · farm board+$91 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.075%, so right now this pair is about funding alone: +$18 a day on $10k at the current rate. The two prices were read 54 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	Ondo Perps NVDA-USD.P	226.36	0.0050	pay 0.0006% / 1h	16m 30s	$1.6M	$1.9M	15x
Short	edgeX NVDAUSDC	226.55	0.0648	get 0.0324% / 4h	2h 16m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Ondo Perps. 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 Ondo PerpsbpFee edgeXbpOrdersPrice spread, now +0.084%Rate

Funding earned: $125.49
Price spread: +0.084% → +0.075%: $0.89
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $112.38
Costs to cover: 0.140%
Break-even: 0.7 days

Slippage unknown: Ondo Perps: no order-book sample; edgeX: live order book, just now. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell edgeX live order book, just now	3.31 bp	8.1 bp −$8	13.3 bp −$133	doesn't fit	doesn't fit

Ondo Perps: 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 exchanges

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
Bybit NVDAUSDT	0.0000%	8h	226.70	+0.150%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.71	+0.155%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.61	+0.110%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.76	+0.177%	$15.6M	$15.9M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.18	−0.080%	$2K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.51	+0.066%	$37K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.64	+0.124%	$198K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.71	+0.155%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	226.49	+0.060%	$117K	$51K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.50	+0.064%	$616K	$930K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0032%	8h	226.66	+0.131%	$21K	$430K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.82	+0.203%	—	$74K	25x	as long as short
QFEX NVDA-USD	+0.0047%	1h	226.65	+0.128%	$1.3M	$9.0M	10x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.51	+0.066%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.58	+0.097%	$147.8M	$45.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.62	+0.115%	$391K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.50	+0.062%	$59K	$17K	10x	as long as short
Ondo Perps NVDA-USD.Plong	+0.0050%	1h	226.36	long leg	$1.6M	$1.9M	15x
Aster NVDAUSDT	+0.0070%	8h	226.58	+0.097%	$484K	$565K	20x	as long as short
Lighter NVDA	+0.0072%	1h	226.64	+0.125%	$2.1M	$3.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.51	+0.067%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.45	+0.040%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.60	+0.106%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	226.57	+0.093%	$93K	$83K	20x	as long as short
Nado NVDA-PERP	+0.0110%	1h	226.54	+0.078%	$478K	$209K	20x	as long as short
Variational Omni NVDA	+0.0114%	8h	226.54	+0.079%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.61	+0.110%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.45	+0.040%	$1.3M	$665K	10x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	226.65	+0.128%	$1.6M	$1.2M	20x	as long as short
Binance NVDAUSDT	+0.0163%	8h	226.69	+0.145%	$155.4M	$223.1M	50x	as long as short
Lighter RH NVDA	+0.0168%	1h	226.80	+0.194%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.08	+0.318%	$73K	$138	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.63	+0.119%	$383K	$703K	20x	as long as short
BloFin NVDA-USDT	+0.0284%	8h	226.64	+0.124%	$726K	$201K	20x	as long as short
edgeX NVDAUSDCshort	+0.0648%	4h	226.55	+0.084%	$170K	$1.9M	20x