Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0016%/8h= +1.8% APRnext payment +$0.02 per $10,000 · paid last 24h —

Price spread now: Coinbase International against Aevo−0.080%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 Coinbase International

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

Funding pays, the price is against you. Coinbase International is 0.080% cheaper against Aevo than usual: you would sell low and buy high (spread −0.080% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 17 days of funding at the current rate ($0 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo NVDA-PERP	227.19	0.0080	pay 0.0010% / 1h	46m 56s	—	—	10x
Short	Coinbase International NVDA-PERP-INTX	227.01	0.0096	get 0.0012% / 1h	46m 56s	$1.3M	$911K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.080%Rate

Funding earned: $3.36
Price spread: −0.080% → 0.000%: −$8.02
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$30.66
Costs to cover: 0.260%
Break-even: 70.9 days

Slippage unknown: Aevo: no order-book sample; Coinbase International: live order book, 2 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 Coinbase International live order book, 2 min ago	1.54 bp	8.1 bp −$8	10.7 bp −$107	doesn't fit	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.06	−0.058%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.17	−0.008%	$473K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.26	+0.028%	$156.2M	$220.6M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.19	−0.001%	$12.6M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.21	+0.008%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.17	−0.010%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.25	+0.024%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.27	+0.034%	$20K	$452K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.86	−0.146%	$3K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.31	+0.052%	$202K	$524K	30x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.28	+0.039%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.16	−0.015%	$118K	$55K	10x	as long as short
Bitget NVDAUSDT	+0.0023%	8h	227.23	+0.017%	$15.6M	$18.2M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.03	−0.069%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.20	+0.003%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.31	+0.052%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.06	−0.058%	$147.1M	$50.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.13	−0.027%	$390K	$281K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.09	−0.045%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.04	−0.067%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0055%	1h	227.09	−0.045%	$487K	$225K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.11	−0.036%	$93K	$112K	20x	as long as short
Aevo NVDA-PERPlong	+0.0080%	1h	227.19	long leg	—	—	10x
Lighter RH NVDA	+0.0088%	1h	227.34	+0.065%	$4.9M	$7.0M	20x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0096%	1h	227.01	−0.080%	$1.3M	$911K	10x
Pacifica NVDA	+0.0100%	1h	227.07	−0.055%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.24	+0.021%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.16	−0.014%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.20	+0.003%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.14	−0.023%	$49K	$1.5M	10x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.27	+0.034%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0128%	1h	227.23	+0.016%	$2.1M	$3.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.193%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.13	−0.027%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0498%	4h	227.24	+0.023%	$170K	$1.9M	20x	as long as short