Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.066%112s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.066% cheaper against ApeX Omni than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NVDAUSDT227.740.0100pay 0.0013% / 1h57m 37s$16K$44K50x
ShortOndo Perps NVDA-USD.P227.590.0050get 0.0006% / 1h57m 37s$1.5M$2.1M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$10.42
Price spread: −0.066% → 0.000%
−$6.59
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$32
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: no order-book sample; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni no order-book sample
Sell Ondo Perps no order-book sample
ApeX Omni and Ondo Perps: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h227.77+0.013%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.78+0.018%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.73−0.004%$7.2M$9.5M100xas long as short
SunX NVDA-USDT0.0000%8h227.31−0.189%$2K$3.8M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.76+0.009%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.82+0.035%$198K$505K30xas long as short
Phemex NVDAUSDT0.0000%4h227.88+0.061%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0002%8h227.80+0.028%$484K$582K20xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.85+0.047%$118K$55K10xas long as short
Variational Omni NVDA+0.0019%8h227.86+0.051%$3.5M$1.9Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.61−0.057%$686K$695K10xas long as short
Bitget NVDAUSDT+0.0032%8h227.84+0.044%$15.4M$16.8M100xas long as short
Arcus NVDA-USD+0.0040%1h227.68−0.026%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.83+0.040%$1.5M$10.7M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.95+0.092%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.66−0.035%$148.1M$46.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.78+0.018%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.68−0.026%$58K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h227.59−0.066%$1.5M$2.1M15x
Nado NVDA-PERP+0.0065%1h227.73−0.006%$484K$229K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.123%$1.3M$798K10xas long as short
Lighter RH NVDA+0.0080%1h227.93+0.083%$5.1M$7.0M20xas long as short
Hotstuff NVDA-PERP+0.0080%1h227.69−0.022%$35K20xas long as short
Binance NVDAUSDT+0.0087%8h227.80+0.028%$156.4M$216.9M50xas long as short
Lighter NVDA+0.0096%1h227.80+0.026%$2.2M$3.2M20xas long as short
Pacifica NVDA+0.0100%1h227.67−0.032%$299K$60K10xas long as short
ApeX Omni NVDAUSDTlong+0.0100%1h227.74long leg$16K$44K50x
Orderly PERP_NVDA_USDC+0.0100%8h227.80+0.026%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.80+0.028%10xas long as short
Phoenix NVDA+0.0106%1h227.75+0.004%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0143%8h227.85+0.048%$1.6M$735K20xas long as short
GRVT NVDA_USDT_Perp+0.0182%8h227.92+0.079%$20K$392K10xas long as short
BloFin NVDA-USDT+0.0208%8h227.88+0.061%$720K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.20+0.202%$73K$13330xas long as short
edgeX NVDAUSDC+0.0342%4h227.88+0.060%$170K$1.9M20xas long as short