Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%

Price spread now: HTX against ApeX Omni+0.053%7-day average — · you sell dearer than you buy

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

Long on ApeX Omni Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 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

The price spread pays, funding is against you. HTX is 0.053% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 42 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni NVDAUSDT	227.28	0.0100	pay 0.0013% / 1h	12m 48s	$16K	$44K	50x
Short	HTX NVDA-USDT	227.40	0	get 0.0000% / 8h	12m 48s	$197K	$525K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against ApeX Omni. 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 ApeX OmnibpFee HTXbpOrdersPrice spread, now +0.053%Rate

Funding earned: −$21
Price spread: +0.053% → 0.000%: $5.28
Slippage, 4 orders: no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee HTX: 6 bp × 2 orders: −$12
Net: −$37.72
Costs to cover: 0.220%
Break-even: never at this rate

Slippage unknown: ApeX Omni: no order-book sample; HTX: live order book, 66 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 ApeX Omni no order-book sample	—	—	—	—	—
Sell HTX live order book, 66 min ago	0.22 bp	10.6 bp −$11	12.5 bp −$125	32.3 bp −$3,229	doesn't fit

ApeX Omni: 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
Aster NVDAUSDT	0.0000%	8h	227.42	+0.062%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.37	+0.040%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.35	+0.031%	$14.4M	$20.9M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.32	+0.018%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.42	+0.062%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.43	+0.065%	$21K	$410K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.85	−0.189%	$3K	$3.9M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.40	+0.053%	$197K	$525K	30x
Phemex NVDAUSDT	0.0000%	4h	227.44	+0.070%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0021%	1h	227.17	−0.049%	$118K	$56K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0030%	8h	227.37	+0.040%	$15.5M	$17.5M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.23	−0.021%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.38	+0.044%	$156.2M	$219.4M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.48	+0.088%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.24	−0.018%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.33	+0.022%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.23	−0.022%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.009%	$1.6M	$2.1M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.32	+0.018%	$49K	$1.4M	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.35	+0.031%	$1.6M	$11.5M	10x	as long as short
Nado NVDA-PERP	+0.0062%	1h	227.26	−0.008%	$483K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.35	+0.030%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.119%	$1.3M	$843K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.23	−0.023%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDTlong	+0.0100%	1h	227.28	long leg	$16K	$44K	50x
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.34	+0.026%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.27	−0.004%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0108%	8h	227.42	+0.062%	$1.6M	$743K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.20	−0.035%	$399K	$724K	20x	as long as short
edgeX NVDAUSDC	+0.0140%	4h	227.39	+0.047%	$170K	$1.9M	20x	as long as short
BloFin NVDA-USDT	+0.0156%	8h	227.41	+0.057%	$715K	$205K	20x	as long as short
Hotstuff NVDA-PERP	+0.0160%	1h	227.23	−0.022%	$35K	—	20x	as long as short
Lighter NVDA	+0.0192%	1h	227.39	+0.048%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0192%	1h	227.52	+0.106%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.65	+0.163%	$73K	$139	30x	as long as short