Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0086%/8h= −9.4% APRpaid last 24h —

Price spread now: Aster against Aevo−0.052%7-day average — · you buy dearer than you sell

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

Long on Aevo Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.052% cheaper against Aevo than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NVDA-PERP	227.45	0.0120	pay 0.0015% / 1h	52m 41s	—	—	10x
Short	Aster NVDAUSDT	227.33	0.0034	get 0.0034% / 8h	5h 52m	$484K	$566K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Aevo. 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 AevobpFee AsterbpOrdersPrice spread, now −0.052%Rate

Funding earned: −$17.99
Price spread: −0.052% → 0.000%: −$5.15
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Aster: 4 bp × 2 orders: −$8
Net: −$47.14
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Aster: live order book, 58 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 Aevo no order-book sample	—	—	—	—	—
Sell Aster live order book, 58 min ago	1.10 bp	5.1 bp −$5	9.8 bp −$98	225.1 bp −$22.5K	doesn't fit

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 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
Hotstuff NVDA-PERP	−0.1600%	1h	225.99	−0.641%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.54	+0.040%	$12.8M	$15.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.49	+0.018%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.43	−0.008%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.55	+0.045%	$15.6M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.03	−0.184%	$3K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.33	−0.052%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.49	+0.018%	$199K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.52	+0.032%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.28	−0.074%	$118K	$52K	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	+0.0016%	8h	227.44	−0.004%	$20K	$432K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.46	+0.007%	$2.1M	$3.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.33	−0.053%	$613K	$939K	10x	as long as short
Aster NVDAUSDTshort	+0.0034%	8h	227.33	−0.052%	$484K	$566K	20x
QFEX NVDA-USD	+0.0044%	1h	227.41	−0.017%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.59	+0.062%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.38	−0.030%	$148.9M	$45.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.36	−0.039%	$392K	$242K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.34	−0.048%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.19	−0.114%	$1.5M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0088%	1h	227.62	+0.076%	$5.1M	$7.1M	20x	as long as short
Nado NVDA-PERP	+0.0095%	1h	227.37	−0.037%	$478K	$210K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.35	−0.045%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.25	−0.087%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.40	−0.021%	$36K	$19K	20x	as long as short
Variational Omni NVDA	+0.0110%	8h	227.33	−0.053%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERPlong	+0.0120%	1h	227.45	long leg	—	—	10x
KuCoin NVDAUSDTM	+0.0131%	8h	227.39	−0.026%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.45	−0.439%	$1.3M	$657K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.26	−0.083%	$93K	$82K	20x	as long as short
Binance NVDAUSDT	+0.0165%	8h	227.51	+0.027%	$156.0M	$224.7M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.53	+0.036%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0284%	8h	227.47	+0.010%	$727K	$203K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.43	−0.008%	$384K	$704K	20x	as long as short
edgeX NVDAUSDC	+0.0597%	4h	227.32	−0.056%	$171K	$1.9M	20x	as long as short