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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.011%
Price spread now: Aster against Ondo Perps+0.075%47s7-day average +0.104% · you sell dearer than you buy
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 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)+0.163%+$16 · spread now +0.075%, 7d avg +0.104%
Together, before fees+0.229%+ Points / potential airdropOndo Perps: Active · Aster: Stage 5 · farm board+$23 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.029% cheaper against Ondo Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.104%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.066%, so the current rate has only just turned against you. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NVDA-USD.P227.040.0050pay 0.0006% / 1h48m 56s$1.6M$2.1M15x
ShortAster NVDAUSDT227.210get 0.0000% / 8h1h 48m$474K$550K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Ondo Perps. 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
−$10.58
Price spread: +0.075% → +0.104%
−$2.86
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.45
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Aster: live order book, 34 min ago. 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 Ondo Perps no order-book sample
Sell Aster live order book, 34 min ago0.44 bp5.3 bp −$59.1 bp −$91doesn't fitdoesn't fit
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
Aster NVDAUSDTshort0.0000%8h227.21+0.075%$474K$550K20x
Binance NVDAUSDT0.0000%8h227.26+0.098%$156.2M$220.6M50xas long as short
Bybit NVDAUSDT0.0000%8h227.23+0.084%$12.6M$15.7M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.24+0.088%$14.4M$21.1M50xas long as short
Gate NVDA_USDT0.0000%8h227.20+0.070%$7.2M$9.5M100xas long as short
Variational Omni NVDA0.0000%8h227.25+0.091%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.27+0.101%$20K$452K10xas long as short
SunX NVDA-USDT0.0000%8h226.87−0.075%$3K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.17+0.057%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.31+0.119%$202K$524K30xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NVDAUSDT0.0000%4h227.30+0.115%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.19+0.067%$118K$55K10xas long as short
Bitget NVDAUSDT+0.0025%8h227.25+0.092%$15.6M$18.2M100xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.12+0.033%$522K$409K10xas long as short
QFEX NVDA-USD+0.0041%1h227.23+0.084%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.33+0.128%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.11+0.031%$147.1M$50.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.17+0.057%$390K$281K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.08+0.018%$58K$20K10xas long as short
Ondo Perps NVDA-USD.Plong+0.0050%1h227.04long leg$1.6M$2.1M15x
Nado NVDA-PERP+0.0053%1h227.13+0.042%$487K$225K20xas long as short
Hotstuff NVDA-PERP+0.0056%1h227.09+0.022%$35K20xas long as short
Phoenix NVDA+0.0070%1h227.11+0.031%$93K$112K20xas long as short
Lighter RH NVDA+0.0080%1h227.38+0.150%$4.9M$7.0M20xas long as short
Aevo NVDA-PERP+0.0080%1h227.24+0.086%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.013%$1.3M$911K10xas long as short
Pacifica NVDA+0.0100%1h227.11+0.030%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.24+0.088%$1.6M$753K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.15+0.048%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.23+0.084%$36K$22K20xas long as short
Lighter NVDA+0.0112%1h227.26+0.099%$2.1M$3.2M20xas long as short
BloFin NVDA-USDT+0.0120%8h227.27+0.101%$714K$205K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.63+0.260%$73K$13530xas long as short
Arcus NVDA-USD+0.0305%1h227.15+0.048%$388K$709K20xas long as short
edgeX NVDAUSDC+0.0498%4h227.24+0.090%$170K$1.9M20xas long as short