Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.020%

Price spread now: Aster against Bybit+0.027%7-day average +0.009% · you sell dearer than you buy

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$230.235% of the position

Long on Bybit Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.104%+$10 on $10k

Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.027%, 7d avg +0.009%

Together, before fees+0.102%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit NVDAUSDT	226.32	0	get 0.0000% / 8h	2h 26m	$12.5M	$15.0M	100x
Short	Aster NVDAUSDT	226.38	0	get 0.0000% / 8h	2h 26m	$482K	$571K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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 BybitbpFee AsterbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → +0.009%: $1.79
Slippage, 4 orders: −$4.46
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aster: 4 bp × 2 orders: −$8
Net: −$21.67
Costs to cover: 0.235%
Break-even: never at this rate

Slippage from Bybit: live order book, 1 min ago; Aster: live order book, 21 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 Bybit live order book, 1 min ago	0.22 bp	6.8 bp −$7	10.1 bp −$101	58.7 bp −$5,866	doesn't fit
Sell Aster live order book, 21 min ago	0.66 bp	5.1 bp −$5	7.4 bp −$74	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
Hotstuff NVDA-PERP	−0.0040%	1h	226.17	−0.066%	$35K	—	20x	as long as short
Aster NVDAUSDTshort	0.0000%	8h	226.38	+0.027%	$482K	$571K	20x
Bybit NVDAUSDTlong	0.0000%	8h	226.32	long leg	$12.5M	$15.0M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	226.31	−0.004%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.29	−0.013%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.35	+0.013%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	+0.060%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.03	−0.128%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.102%	$198K	$460K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.47	+0.066%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0004%	8h	226.39	+0.031%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.33	+0.005%	$117K	$52K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0015%	1h	226.24	−0.035%	$53K	$1.8M	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.32	0.000%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.34	+0.009%	$397K	$726K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.30	−0.009%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.41	+0.040%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.20	−0.053%	$146.9M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.28	−0.018%	$398K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.19	−0.057%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.066%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0077%	1h	226.21	−0.049%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0079%	8h	226.36	+0.017%	$154.4M	$218.3M	50x	as long as short
edgeX NVDAUSDC	+0.0093%	4h	226.45	+0.058%	$170K	$1.9M	20x	as long as short
Lighter RH NVDA	+0.0096%	1h	226.45	+0.057%	$5.0M	$7.1M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.22	−0.042%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.35	+0.013%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.25	−0.031%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.27	−0.022%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.30	−0.008%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.30	−0.009%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.38	+0.027%	$1.3M	$781K	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.049%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.172%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0312%	1h	226.13	−0.082%	$668K	$766K	10x	as long as short