Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0831%/8h= +91.0% APRpaid last 24h +0.077%

Price spread now: edgeX against Nado+0.020%7-day average +0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$41as in the Price arb table

costs, in and out, $10k−$420.417% of the position

Long on Nado Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.491%+$49 on $10k

Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.020%, 7d avg +0.012%

Together, before fees+0.516%+ Points / potential airdropNado: Active · edgeX: Active · farm board+$52 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.012%, so right now this pair is about funding alone: +$25 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NVDA-PERP	226.26	0.0077	pay 0.0010% / 1h	25m 20s	$481K	$227K	20x
Short	edgeX NVDAUSDC	226.31	0.0908	get 0.0454% / 4h	2h 25m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Nado. 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 NadobpFee edgeXbpOrdersPrice spread, now +0.020%Rate

Funding earned: $174.44
Price spread: +0.020% → +0.012%: $0.81
Slippage, 4 orders: −$25.67
Fee Nado: 3.5 bp × 2 orders: −$7
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $133.58
Costs to cover: 0.417%
Break-even: 1.6 days

Slippage from Nado: live order book, 23 min ago; edgeX: live order book, 4 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 Nado live order book, 23 min ago	1.54 bp	10.1 bp −$10	25.0 bp −$250	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	3.76 bp	8.6 bp −$9	13.9 bp −$139	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	226.20	−0.028%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.43	+0.073%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.41	+0.065%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.40	+0.060%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	+0.043%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.45	+0.082%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	+0.085%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.05	−0.094%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.127%	$198K	$460K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.48	+0.096%	$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	226.34	+0.033%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.29	+0.014%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.36	+0.044%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	+0.016%	$397K	$726K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.38	+0.052%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.091%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.29	+0.012%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.36	+0.043%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.19	−0.032%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.041%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERPlong	+0.0077%	1h	226.26	long leg	$481K	$227K	20x
Binance NVDAUSDT	+0.0079%	8h	226.44	+0.077%	$154.5M	$218.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.27	+0.004%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.43	+0.074%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.032%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	+0.056%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.50	+0.105%	$5.0M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.34	+0.035%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	+0.003%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	+0.012%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.26	−0.001%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.074%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.197%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0328%	1h	226.24	−0.010%	$668K	$766K	10x	as long as short
edgeX NVDAUSDCshort	+0.0908%	4h	226.31	+0.020%	$170K	$1.9M	20x