Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h —

Price spread now: tradeXYZ against Aevo−0.063%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 tradeXYZ

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 airdroptradeXYZ: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.063% cheaper against Aevo than usual: you would sell low and buy high (−$6 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	226.43	0.0120	pay 0.0015% / 1h	3m 19s	—	—	10x
Short	tradeXYZ xyz:NVDA	226.29	0.0094	get 0.0012% / 1h	3m 19s	$146.9M	$43.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.063%Rate

Funding earned: −$5.36
Price spread: −0.063% → 0.000%: −$6.28
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$45.63
Costs to cover: 0.340%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; tradeXYZ: live order book, 7 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 tradeXYZ live order book, 7 min ago	0.22 bp	10.4 bp −$10	11.0 bp −$110	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
Bybit NVDAUSDT	0.0000%	8h	226.42	−0.005%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.41	−0.010%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.40	−0.014%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.50	+0.030%	$15.9M	$16.6M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.11	−0.142%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.46	+0.012%	$198K	$439K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.62	+0.083%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.10	−0.145%	$117K	$51K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	226.29	−0.063%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.33	−0.045%	$392K	$738K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NVDA-USD-PERP	+0.0046%	1h	226.42	−0.005%	—	$74K	25x	as long as short
GRVT NVDA_USDT_Perp	+0.0047%	8h	226.30	−0.059%	$21K	$421K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.29	−0.063%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.18	−0.111%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.39	−0.019%	$1.3M	$9.0M	10x	as long as short
Aster NVDAUSDT	+0.0067%	8h	226.37	−0.027%	$482K	$530K	20x	as long as short
Polymarket Perps NVDA-USD	+0.0076%	1h	226.32	−0.050%	$391K	$247K	10x	as long as short
Variational Omni NVDA	+0.0089%	8h	226.34	−0.039%	$3.5M	$2.3M	—	as long as short
tradeXYZ xyz:NVDAshort	+0.0094%	1h	226.29	−0.063%	$146.9M	$43.3M	20x
Pacifica NVDA	+0.0100%	1h	226.29	−0.063%	$297K	$48K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.02	−0.182%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	−0.019%	$36K	$21K	20x	as long as short
KuCoin NVDAUSDTM	+0.0107%	8h	226.39	−0.019%	$1.6M	$844K	20x	as long as short
Aevo NVDA-PERPlong	+0.0120%	1h	226.43	long leg	—	—	10x
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.151%	$1.3M	$695K	10x	as long as short
edgeX NVDAUSDC	+0.0150%	4h	226.30	−0.059%	$170K	$1.9M	20x	as long as short
Binance NVDAUSDT	+0.0152%	8h	226.43	−0.001%	$155.4M	$219.4M	50x	as long as short
Nado NVDA-PERP	+0.0174%	1h	226.20	−0.100%	$480K	$223K	20x	as long as short
Lighter NVDA	+0.0176%	1h	226.37	−0.028%	$2.1M	$3.3M	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.33	−0.045%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.048%	$73K	$140	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.51	+0.034%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0272%	8h	226.44	+0.003%	$712K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0368%	1h	226.20	−0.103%	$646K	$878K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0413%	1h	226.35	−0.036%	$53K	$1.9M	10x	as long as short