Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0131%/8h= +14.3% APRpaid last 24h +0.017%

Price spread now: Binance against SoDEX+0.066%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.066% dearer against SoDEX than usual: you sell high and buy low: +$7 more if the spread goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	227.10	0.0050	pay 0.0006% / 1h	44m 11s	$59K	$16K	10x
Short	Binance NVDAUSDT	227.25	0.0181	get 0.0181% / 8h	4h 44m	$155.0M	$226.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now +0.066%Rate

Funding earned: $27.45
Price spread: +0.066% → 0.000%: $6.61
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: $16.05
Costs to cover: 0.180%
Break-even: 2.9 days

Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 7 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.22 bp	5.2 bp −$5	5.7 bp −$57	15.3 bp −$1,532	doesn't fit

SoDEX: 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 exchanges

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	−0.1600%	1h	227.26	+0.070%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.25	+0.066%	$12.5M	$16.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.26	+0.070%	$14.5M	$21.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.18	+0.035%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.31	+0.092%	$15.6M	$15.5M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.85	−0.110%	$2K	$3.2M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.14	+0.018%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.21	+0.048%	$198K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.35	+0.110%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	227.08	−0.008%	$117K	$51K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0030%	8h	227.19	+0.038%	$20K	$420K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.08	−0.007%	$608K	$929K	10x	as long as short
QFEX NVDA-USD	+0.0038%	1h	227.26	+0.070%	$1.3M	$9.0M	10x	as long as short
Lighter NVDA	+0.0040%	1h	227.19	+0.041%	$2.1M	$3.1M	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.38	+0.123%	—	$74K	25x	as long as short
Aster NVDAUSDT	+0.0046%	8h	227.23	+0.058%	$483K	$565K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.13	+0.013%	$149.2M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.19	+0.040%	$395K	$257K	10x	as long as short
SoDEX NVDA-USDlong	+0.0050%	1h	227.10	long leg	$59K	$16K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.98	−0.053%	$1.5M	$1.9M	15x	as long as short
Arcus NVDA-USD	+0.0083%	1h	227.20	+0.044%	$383K	$721K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.08	−0.008%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.09	−0.004%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.20	+0.044%	$36K	$18K	20x	as long as short
Nado NVDA-PERP	+0.0103%	1h	227.12	+0.011%	$477K	$198K	20x	as long as short
Aevo NVDA-PERP	+0.0128%	1h	227.20	+0.043%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.10	0.000%	$1.3M	$674K	10x	as long as short
Variational Omni NVDA	+0.0132%	8h	227.04	−0.028%	$3.3M	$2.4M	—	as long as short
Lighter RH NVDA	+0.0136%	1h	227.36	+0.114%	$5.3M	$7.1M	20x	as long as short
KuCoin NVDAUSDTM	+0.0153%	8h	227.32	+0.097%	$1.6M	$1.6M	20x	as long as short
Phoenix NVDA	+0.0176%	1h	227.16	+0.026%	$93K	$83K	20x	as long as short
Binance NVDAUSDTshort	+0.0181%	8h	227.25	+0.066%	$155.0M	$226.0M	50x
Injective NVDA/USDC PERP	+0.0220%	1h	227.54	+0.194%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0304%	8h	227.16	+0.026%	$750K	$204K	20x	as long as short
edgeX NVDAUSDC	+0.0819%	4h	227.14	+0.019%	$173K	$2.0M	20x	as long as short