Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0085%/8h= +9.3% APRpaid last 24h +0.014%

Price spread now: Orderly against Aftermath Perps+0.109%7-day average — · you sell dearer than you buy

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

Long on Aftermath Perps Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—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 Orderly is 0.109% dearer against Aftermath Perps than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	227.41	0.0015	pay 0.0002% / 1h	6m 44s	$117K	$52K	10x
Short	Orderly PERP_NVDA_USDC	227.66	0.0100	get 0.0100% / 8h	5h 06m	$36K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly 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 OrderlybpOrdersPrice spread, now +0.109%Rate

Funding earned: $17.89
Price spread: +0.109% → 0.000%: $10.89
Slippage, 4 orders: no order book: not counted
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Orderly: 3 bp × 2 orders: −$6
Net: $13.78
Costs to cover: 0.150%
Break-even: 1.6 days

Slippage unknown: Aftermath Perps: live order book, 40 min ago; Orderly: no order-book sample. 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 Aftermath Perps live order book, 40 min ago	5.72 bp	12.9 bp −$13	doesn't fit	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: 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	+0.039%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.69	+0.122%	$12.7M	$16.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.66	+0.109%	$14.5M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.65	+0.105%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.74	+0.144%	$15.7M	$15.8M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.29	−0.054%	$2K	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.55	+0.061%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.51	+0.043%	$199K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.71	+0.131%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0015%	1h	227.41	long leg	$117K	$52K	10x

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	227.62	+0.090%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.52	+0.049%	$611K	$930K	10x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.59	+0.078%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.85	+0.192%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.54	+0.056%	$149.3M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.62	+0.091%	$392K	$212K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.57	+0.069%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.37	−0.019%	$1.5M	$2.0M	15x	as long as short
Aster NVDAUSDT	+0.0056%	8h	227.62	+0.091%	$484K	$565K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0079%	8h	227.64	+0.100%	$20K	$418K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.59	+0.079%	$479K	$208K	20x	as long as short
Lighter RH NVDA	+0.0088%	1h	227.77	+0.157%	$5.3M	$7.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.51	+0.042%	$299K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.53	+0.052%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDCshort	+0.0100%	8h	227.66	+0.109%	$36K	$19K	20x
Aevo NVDA-PERP	+0.0128%	1h	227.65	+0.103%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	227.41	−0.001%	$1.3M	$672K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.55	+0.061%	$94K	$82K	20x	as long as short
Variational Omni NVDA	+0.0147%	8h	227.58	+0.073%	$3.3M	$2.4M	—	as long as short
KuCoin NVDAUSDTM	+0.0156%	8h	227.65	+0.105%	$1.6M	$1.5M	20x	as long as short
Binance NVDAUSDT	+0.0192%	8h	227.65	+0.105%	$155.7M	$224.8M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.74	+0.144%	$73K	$140	30x	as long as short
BloFin NVDA-USDT	+0.0314%	8h	227.71	+0.131%	$737K	$202K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.59	+0.078%	$384K	$705K	20x	as long as short
edgeX NVDAUSDC	+0.0818%	4h	227.59	+0.076%	$171K	$1.9M	20x	as long as short