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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0436%/8h= +47.8% APRpaid last 24h +0.093%
Price spread now: edgeX against Aster+0.022%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs+$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.790%+$79 on $10k
Price spread, last 4 days (all we have)−0.105%−$11 · spread now +0.022%, 7d avg −0.012%
Together, before fees+0.685%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board+$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and edgeX is 0.033% dearer against Aster than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster NVDAUSDT226.400.0018pay 0.0018% / 8h59m 25s$482K$530K20x
ShortedgeX NVDAUSDC226.450.0455get 0.0227% / 4h59m 25s$170K$1.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Aster. 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
$91.62
Price spread: +0.022% → −0.012%
$3.34
Slippage, 4 orders
−$9.33
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
$68.63
Costs to cover
0.263%
Break-even
1.8 days
Slippage from Aster: live order book, 43 min ago; edgeX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster live order book, 43 min ago0.22 bp4.2 bp −$47.9 bp −$79doesn't fitdoesn't fit
Sell edgeX live order book, 5 min ago3.31 bp8.1 bp −$812.8 bp −$128doesn't fitdoesn't fit

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%8h226.39−0.005%$12.4M$14.6M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.40−0.001%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.35−0.023%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.47+0.030%$15.8M$16.6M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.46+0.026%$21K$421K10xas long as short
SunX NVDA-USDT0.0000%8h226.01−0.173%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.80+0.176%$198K$448K30xas long as short
Phemex NVDAUSDT0.0000%4h226.55+0.065%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0018%1h226.28−0.053%$117K$51K10xas long as short
Aster NVDAUSDTlong+0.0018%8h226.40long leg$482K$530K20x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0036%8h226.42+0.006%$3.5M$2.3Mas long as short
Arcus NVDA-USD+0.0040%1h226.39−0.005%$399K$732K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.45+0.021%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h226.24−0.072%$35K20xas long as short
SoDEX NVDA-USD+0.0050%1h226.28−0.054%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.13−0.120%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0056%1h226.38−0.010%$1.3M$9.1M10xas long as short
tradeXYZ xyz:NVDA+0.0071%1h226.27−0.058%$147.0M$43.3M20xas long as short
Pacifica NVDA+0.0100%1h226.20−0.089%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.44+0.017%$1.6M$742K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.21−0.085%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.35−0.023%$36K$21K20xas long as short
Binance NVDAUSDT+0.0104%8h226.40−0.002%$154.3M$218.5M50xas long as short
Aevo NVDA-PERP+0.0104%1h226.41+0.001%10xas long as short
Phoenix NVDA+0.0106%1h226.30−0.045%$93K$83K20xas long as short
Polymarket Perps NVDA-USD+0.0111%1h226.35−0.023%$391K$247K10xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.050%$1.3M$722K10xas long as short
Lighter NVDA+0.0120%1h226.34−0.026%$2.1M$3.2M20xas long as short
Nado NVDA-PERP+0.0158%1h226.19−0.092%$480K$223K20xas long as short
Lighter RH NVDA+0.0160%1h226.47+0.030%$5.1M$7.0M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.94+0.238%$73K$14030xas long as short
BloFin NVDA-USDT+0.0222%8h226.55+0.065%$713K$195K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0325%1h226.38−0.010%$53K$1.8M10xas long as short
Extended NVDA_24_5-USD+0.0376%1h226.15−0.111%$646K$872K10xas long as short
edgeX NVDAUSDCshort+0.0455%4h226.45+0.022%$170K$1.9M20x