Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0101%/8h= +11.1% APRpaid last 24h —

Price spread now: BloFin against Aevo+0.036%53s7-day average — · you sell dearer than you buy

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

Long on Aevo Short on BloFin

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

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin is 0.036% dearer against Aevo than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 53 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	Aevo NVDA-PERP	226.63	0.0104	pay 0.0013% / 1h	16m 20s	—	—	10x
Short	BloFin NVDA-USDT	226.71	0.0205	get 0.0205% / 8h	1h 16m	$710K	$194K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.036%Rate

Funding earned: $21.26
Price spread: +0.036% → 0.000%: $3.61
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$3.13
Costs to cover: 0.280%
Break-even: 8.0 days

Slippage unknown: Aevo: no order-book sample; BloFin: live order book, 5 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 BloFin live order book, 5 min ago	0.66 bp	6.7 bp −$7	7.0 bp −$70	13.2 bp −$1,324	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 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	226.50	−0.057%	$482K	$530K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.63	+0.001%	$12.4M	$14.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.63	+0.001%	$14.1M	$20.5M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	226.50	−0.057%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.59	−0.017%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.67	+0.018%	$15.3M	$16.1M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.64	+0.005%	$21K	$420K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.24	−0.171%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.60	−0.012%	$198K	$450K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.73	+0.045%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0012%	1h	226.40	−0.100%	$117K	$51K	10x	as long as short
Variational Omni NVDA	+0.0017%	8h	226.62	−0.006%	$3.5M	$2.3M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.60	−0.012%	$399K	$732K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.73	+0.045%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.50	−0.057%	$147.2M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.56	−0.030%	$391K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.51	−0.052%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.50	−0.057%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.61	−0.008%	$1.3M	$9.1M	10x	as long as short
edgeX NVDAUSDC	+0.0070%	4h	226.59	−0.016%	$170K	$1.9M	20x	as long as short
Binance NVDAUSDT	+0.0086%	8h	226.66	+0.014%	$154.5M	$218.4M	50x	as long as short
Lighter NVDA	+0.0088%	1h	226.59	−0.015%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.47	−0.070%	$297K	$46K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.62	−0.004%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.46	−0.074%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.59	−0.017%	$36K	$21K	20x	as long as short
Aevo NVDA-PERPlong	+0.0104%	1h	226.63	long leg	—	—	10x
Phoenix NVDA	+0.0106%	1h	226.54	−0.039%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.149%	$1.3M	$724K	10x	as long as short
Nado NVDA-PERP	+0.0120%	1h	226.50	−0.055%	$481K	$224K	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	226.73	+0.045%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDTshort	+0.0205%	8h	226.71	+0.036%	$710K	$194K	20x
Injective NVDA/USDC PERP	+0.0220%	1h	226.88	+0.111%	$73K	$139	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0324%	1h	226.57	−0.026%	$52K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0376%	1h	226.41	−0.094%	$627K	$838K	10x	as long as short