Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.098%

Price spread now: edgeX against Aftermath Perps+0.066%68s7-day average +0.047% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.414% of the position

Long on Aftermath Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.627%+$63 on $10k

Price spread, last 4 days (all we have)+0.041%+$4 · spread now +0.066%, 7d avg +0.047%

Together, before fees+0.668%+ Points / potential airdropedgeX: Active · farm board+$67 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 68 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	Aftermath Perps NVDAUSD	226.72	0.0007	pay 0.0001% / 1h	49m 57s	$117K	$53K	10x
Short	edgeX NVDAUSDC	226.87	0.0063	get 0.0032% / 4h	2h 49m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Aftermath Perps. 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 Aftermath PerpsbpFee edgeXbpOrdersPrice spread, now +0.066%Rate

Funding earned: $11.74
Price spread: +0.066% → +0.047%: $1.93
Slippage, 4 orders: −$23.42
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$27.76
Costs to cover: 0.414%
Break-even: 23.6 days

Slippage from Aftermath Perps: live order book, 64 min ago; edgeX: live order book, 4 min ago.

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 Aftermath Perps live order book, 64 min ago	4.57 bp	14.0 bp −$14	21.9 bp −$219	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.31 bp	8.2 bp −$8	13.6 bp −$136	doesn't fit	doesn't fit

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	226.88	+0.070%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.91	+0.083%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.93	+0.092%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.89	+0.074%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.94	+0.096%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.91	+0.083%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.64	−0.036%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.86	+0.061%	$51K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.01	+0.127%	$198K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.95	+0.101%	$2.2M	$43K	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 NVDAUSDlong	+0.0007%	1h	226.72	long leg	$117K	$53K	10x
Variational Omni NVDA	+0.0009%	8h	226.94	+0.094%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.90	+0.079%	$2.1M	$3.3M	20x	as long as short
Hotstuff NVDA-PERP	+0.0040%	1h	226.80	+0.035%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.83	+0.048%	$398K	$729K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.97	+0.110%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.08	+0.158%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.79	+0.030%	$147.3M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.91	+0.083%	$399K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	+0.035%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.75	+0.013%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0056%	1h	226.86	+0.063%	$482K	$226K	20x	as long as short
edgeX NVDAUSDCshort	+0.0063%	4h	226.87	+0.066%	$170K	$1.9M	20x
Binance NVDAUSDT	+0.0082%	8h	226.95	+0.101%	$155.2M	$217.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	+0.046%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.90	+0.079%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.81	+0.039%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.92	+0.088%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.92	+0.089%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.74	+0.008%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	227.07	+0.154%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.040%	$1.3M	$781K	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	226.97	+0.110%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.176%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0248%	1h	226.76	+0.019%	$668K	$767K	10x	as long as short