Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h —

Price spread now: Aevo against Orderly−0.002%7-day average — · you buy dearer than you sell

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

Long on Orderly 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

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NVDA_USDC	227.50	0.0100	pay 0.0100% / 8h	39m 46s	$36K	$22K	20x
Short	Aevo NVDA-PERP	227.49	0.0096	get 0.0012% / 1h	39m 46s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Orderly. 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 OrderlybpFee AevobpOrdersPrice spread, now −0.002%Rate

Funding earned: −$0.84
Price spread: −0.002% → 0.000%: −$0.23
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$23.07
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell Aevo no order-book sample	—	—	—	—	—

Orderly and 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
Aster NVDAUSDT	0.0000%	8h	227.42	−0.035%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.50	0.000%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.51	+0.004%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.41	−0.040%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.50	−0.002%	$3.6M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.56	+0.026%	$20K	$416K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.99	−0.224%	$3K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	−0.009%	$198K	$523K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	+0.053%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0030%	1h	227.45	−0.021%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0045%	8h	227.52	+0.009%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.56	+0.026%	—	$74K	25x	as long as short
Binance NVDAUSDT	+0.0046%	8h	227.51	+0.007%	$156.3M	$220.1M	50x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.38	−0.053%	$147.5M	$48.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.38	−0.053%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.38	−0.053%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.40	−0.044%	$1.6M	$2.1M	15x	as long as short
Extended NVDA_24_5-USD	+0.0056%	1h	227.32	−0.077%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.49	−0.004%	$1.6M	$11.4M	10x	as long as short
Nado NVDA-PERP	+0.0083%	1h	227.36	−0.063%	$484K	$229K	20x	as long as short
Aevo NVDA-PERPshort	+0.0096%	1h	227.49	−0.002%	—	—	10x
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.215%	$1.3M	$861K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.36	−0.062%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.51	+0.004%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.38	−0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDClong	+0.0100%	8h	227.50	long leg	$36K	$22K	20x
Phoenix NVDA	+0.0106%	1h	227.47	−0.013%	$94K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.35	−0.066%	$400K	$724K	20x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	227.37	−0.057%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0166%	8h	227.49	−0.004%	$713K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.72	+0.097%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0234%	1h	227.45	−0.022%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0240%	1h	227.67	+0.075%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0248%	1h	227.55	+0.023%	$2.1M	$3.3M	20x	as long as short
edgeX NVDAUSDC	+0.0643%	4h	227.53	+0.012%	$170K	$1.9M	20x	as long as short