Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.06 per $10,000 · paid last 24h —

Price spread now: Nado against Aevo−0.028%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 Nado

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 airdropNado: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.028% cheaper against Aevo than usual: you would sell low and buy high (−$3 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	227.67	0.0128	pay 0.0016% / 1h	3m 04s	—	—	10x
Short	Nado NVDA-PERP	227.61	0.0084	get 0.0010% / 1h	3m 04s	$479K	$208K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.028%Rate

Funding earned: −$9.25
Price spread: −0.028% → 0.000%: −$2.77
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$35.02
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; Nado: live order book, 43 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 Nado live order book, 43 min ago	1.10 bp	11.5 bp −$11	25.5 bp −$255	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 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	227.50	−0.074%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.75	+0.036%	$12.7M	$16.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.74	+0.032%	$14.5M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.69	+0.010%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.79	+0.054%	$15.7M	$15.8M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.26	−0.179%	$2K	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.57	−0.043%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.51	−0.069%	$199K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.73	+0.027%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.47	−0.088%	$117K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	227.69	+0.009%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.53	−0.062%	$610K	$930K	10x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.66	−0.004%	$1.4M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.85	+0.080%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.61	−0.026%	$149.4M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.65	−0.008%	$392K	$212K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.60	−0.030%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.49	−0.078%	$1.5M	$2.0M	15x	as long as short
Aster NVDAUSDT	+0.0054%	8h	227.63	−0.017%	$484K	$565K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0064%	8h	227.65	−0.006%	$20K	$418K	10x	as long as short
Nado NVDA-PERPshort	+0.0084%	1h	227.61	−0.028%	$479K	$208K	20x
Lighter RH NVDA	+0.0088%	1h	227.84	+0.075%	$5.3M	$7.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.54	−0.057%	$299K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.55	−0.052%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.65	−0.008%	$36K	$19K	20x	as long as short
Aevo NVDA-PERPlong	+0.0128%	1h	227.67	long leg	—	—	10x
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	227.41	−0.113%	$1.3M	$671K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.59	−0.034%	$94K	$82K	20x	as long as short
Variational Omni NVDA	+0.0144%	8h	227.62	−0.019%	$3.3M	$2.4M	—	as long as short
KuCoin NVDAUSDTM	+0.0155%	8h	227.68	+0.005%	$1.6M	$1.5M	20x	as long as short
Binance NVDAUSDT	+0.0190%	8h	227.75	+0.035%	$155.7M	$224.9M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.90	+0.102%	$73K	$141	30x	as long as short
BloFin NVDA-USDT	+0.0310%	8h	227.74	+0.032%	$737K	$202K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.61	−0.026%	$385K	$719K	20x	as long as short
edgeX NVDAUSDC	+0.0402%	4h	227.64	−0.011%	$171K	$1.9M	20x	as long as short