Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0095%/8h= +10.4% APRpaid last 24h +0.099%

Price spread now: edgeX against Vest−0.045%63s7-day average — · you buy dearer than you sell

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

Long on Vest Short on edgeX

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 airdropVest: Active · edgeX: Active · farm boardneeds both histories

Funding pays, the price is against you. edgeX is 0.045% cheaper against Vest than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 38 hours of funding at the current rate (+$3 a day). The two prices were read 63 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	Vest NVDA-USD-PERP	227.49	0.0046	pay 0.0006% / 1h	12m 30s	—	$74K	25x
Short	edgeX NVDAUSDC	227.39	0.0140	get 0.0070% / 4h	12m 30s	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Vest. 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 VestbpFee edgeXbpOrdersPrice spread, now −0.045%Rate

Funding earned: $19.88
Price spread: −0.045% → 0.000%: −$4.53
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $4.35
Costs to cover: 0.110%
Break-even: 5.5 days

Slippage unknown: Vest: no order-book sample; edgeX: live order book, 6 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 Vest no order-book sample	—	—	—	—	—
Sell edgeX live order book, 6 min ago	3.52 bp	8.4 bp −$8	13.1 bp −$131	doesn't fit	doesn't fit

Vest: 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	−0.031%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.36	−0.057%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.35	−0.062%	$14.4M	$20.9M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.31	−0.079%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.42	−0.030%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.43	−0.027%	$21K	$410K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.85	−0.281%	$3K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.40	−0.040%	$197K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.44	−0.022%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0021%	1h	227.16	−0.147%	$118K	$56K	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	+0.0029%	8h	227.37	−0.053%	$15.5M	$17.5M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.24	−0.110%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.37	−0.053%	$156.2M	$219.3M	50x	as long as short
Vest NVDA-USD-PERPlong	+0.0046%	1h	227.49	long leg	—	$74K	25x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.23	−0.114%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.34	−0.066%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.23	−0.114%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.101%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.32	−0.075%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.39	−0.044%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0063%	1h	227.28	−0.093%	$483K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.35	−0.062%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.211%	$1.3M	$843K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.25	−0.107%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.28	−0.092%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.34	−0.066%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.27	−0.097%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0109%	8h	227.42	−0.031%	$1.6M	$743K	20x	as long as short
Hotstuff NVDA-PERP	+0.0112%	1h	227.23	−0.114%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.21	−0.123%	$399K	$724K	20x	as long as short
edgeX NVDAUSDCshort	+0.0140%	4h	227.39	−0.045%	$170K	$1.9M	20x
BloFin NVDA-USDT	+0.0156%	8h	227.41	−0.035%	$715K	$205K	20x	as long as short
Lighter NVDA	+0.0192%	1h	227.39	−0.044%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0192%	1h	227.52	+0.013%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.65	+0.070%	$73K	$139	30x	as long as short