Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h +0.007%

Price spread now: Aster against SoDEX+0.068%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Aster

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 airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.068% dearer against SoDEX than usual: you sell high and buy low (spread +0.068% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	225.98	0.0050	pay 0.0006% / 1h	51m 15s	$58K	$19K	10x
Short	Aster NVDAUSDT	226.13	0.0024	get 0.0024% / 8h	51m 15s	$481K	$530K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SoDEX. 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 SoDEXbpFee AsterbpOrdersPrice spread, now +0.068%Rate

Funding earned: −$5.54
Price spread: +0.068% → 0.000%: $6.76
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$14.79
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Aster: live order book, 51 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Aster live order book, 51 min ago	0.22 bp	6.0 bp −$6	8.6 bp −$86	doesn't fit	doesn't fit

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	226.02	+0.018%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.13	+0.066%	$12.4M	$14.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.11	+0.058%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.10	+0.053%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.18	+0.089%	$15.8M	$16.6M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.69	−0.128%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.17	+0.084%	$198K	$447K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.41	+0.190%	$2.2M	$42K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0001%	8h	226.24	+0.116%	$21K	$425K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0020%	1h	226.07	+0.038%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDTshort	+0.0024%	8h	226.13	+0.068%	$481K	$530K	20x
Arcus NVDA-USD	+0.0040%	1h	226.13	+0.066%	$392K	$742K	20x	as long as short
Variational Omni NVDA	+0.0041%	8h	226.25	+0.121%	$3.5M	$2.3M	—	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.18	+0.089%	—	$74K	25x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	225.98	long leg	$58K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	225.97	−0.004%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.13	+0.066%	$1.3M	$9.1M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0081%	1h	225.99	+0.004%	$146.8M	$43.1M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	225.98	+0.002%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.14	+0.071%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	225.97	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.10	+0.053%	$36K	$21K	20x	as long as short
Polymarket Perps NVDA-USD	+0.0108%	1h	226.08	+0.044%	$391K	$247K	10x	as long as short
Binance NVDAUSDT	+0.0110%	8h	226.13	+0.065%	$154.2M	$218.2M	50x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.11	+0.055%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	+0.049%	$1.3M	$700K	10x	as long as short
Lighter NVDA	+0.0160%	1h	226.09	+0.049%	$2.1M	$3.2M	20x	as long as short
Nado NVDA-PERP	+0.0172%	1h	225.97	−0.004%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.07	+0.040%	$93K	$83K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0193%	1h	226.04	+0.027%	$53K	$1.8M	10x	as long as short
Lighter RH NVDA	+0.0216%	1h	226.22	+0.106%	$5.1M	$6.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.58	+0.266%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0230%	8h	226.15	+0.075%	$713K	$194K	20x	as long as short
Extended NVDA_24_5-USD	+0.0344%	1h	225.89	−0.038%	$644K	$875K	10x	as long as short
edgeX NVDAUSDC	+0.0860%	4h	226.14	+0.072%	$170K	$1.9M	20x	as long as short