Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0643%/8h= +70.4% APRpaid last 24h +0.080%

Price spread now: edgeX against SunX+0.114%7-day average +0.120% · you sell dearer than you buy

Net, funding: paid 7d − costs+$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$81as in the Price arb table

costs, in and out, $10k−$810.807% of the position

Long on SunX Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.931%+$93 on $10k

Price spread, last 4 days (all we have)+0.213%+$21 · spread now +0.114%, 7d avg +0.120%

Together, before fees+1.143%+ Points / potential airdropedgeX: Active · farm board+$114 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.120%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX NVDA-USDT	225.94	0	get 0.0000% / 8h	7h 21m	$2K	$3.5M	20x
Short	edgeX NVDAUSDC	226.20	0.0643	get 0.0321% / 4h	3h 21m	$171K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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 SunXbpFee edgeXbpOrdersPrice spread, now +0.114%Rate

Funding earned: $134.98
Price spread: +0.114% → +0.120%: −$0.58
Slippage, 4 orders: −$63.74
Fee SunX: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $53.65
Costs to cover: 0.807%
Break-even: 4.2 days

Slippage from SunX: live order book, 7 min ago; edgeX: live order book, 3 min ago.

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 SunX live order book, 7 min ago	21.90 bp	38.5 bp −$39	67.8 bp −$678	doesn't fit	doesn't fit
Sell edgeX live order book, 3 min ago	3.32 bp	8.1 bp −$8	13.2 bp −$132	doesn't fit	doesn't fit

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	−0.0104%	1h	226.04	+0.044%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.21	+0.120%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.24	+0.133%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.18	+0.106%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.29	+0.155%	$15.8M	$15.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.22	+0.122%	$21K	$431K	10x	as long as short
SunX NVDA-USDTlong	0.0000%	8h	225.94	long leg	$2K	$3.5M	20x
HTX NVDA-USDT	0.0000%	8h	226.28	+0.150%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.217%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	225.98	+0.019%	$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
Lighter NVDA	+0.0032%	1h	226.11	+0.075%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	225.99	+0.023%	$640K	$874K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.14	+0.089%	$392K	$739K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.30	+0.159%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.05	+0.049%	$146.8M	$43.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.05	+0.049%	$390K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.08	+0.062%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.01	+0.031%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0062%	1h	226.01	+0.030%	$480K	$222K	20x	as long as short
Aster NVDAUSDT	+0.0062%	8h	226.22	+0.122%	$483K	$544K	20x	as long as short
Lighter RH NVDA	+0.0064%	1h	226.28	+0.150%	$5.1M	$7.2M	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.20	+0.115%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0086%	8h	226.07	+0.058%	$3.2M	$2.5M	—	as long as short
Pacifica NVDA	+0.0100%	1h	226.02	+0.035%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.02	+0.035%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.19	+0.111%	$36K	$20K	20x	as long as short
KuCoin NVDAUSDTM	+0.0103%	8h	226.22	+0.124%	$1.6M	$999K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.22	+0.124%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.00	+0.027%	$1.3M	$682K	10x	as long as short
Binance NVDAUSDT	+0.0148%	8h	226.26	+0.142%	$155.1M	$222.2M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.03	+0.040%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.266%	$73K	$138	30x	as long as short
BloFin NVDA-USDT	+0.0268%	8h	226.28	+0.150%	$715K	$200K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0325%	1h	226.15	+0.093%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDCshort	+0.0643%	4h	226.20	+0.114%	$171K	$1.9M	20x