Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: HTX against Vest−0.040%7-day average — · you buy dearer than you sell

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

Long on Vest Short on HTX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.040% cheaper against Vest than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NVDA-USD-PERP	227.84	0.0046	pay 0.0006% / 1h	37m 02s	—	$74K	25x
Short	HTX NVDA-USDT	227.75	0	get 0.0000% / 8h	6h 37m	$198K	$499K	30x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Vest. 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 VestbpFee HTXbpOrdersPrice spread, now −0.040%Rate

Funding earned: −$9.59
Price spread: −0.040% → 0.000%: −$3.95
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee HTX: 6 bp × 2 orders: −$12
Net: −$27.54
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; HTX: live order book, 31 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 Vest no order-book sample	—	—	—	—	—
Sell HTX live order book, 31 min ago	0.22 bp	10.9 bp −$11	12.2 bp −$122	22.9 bp −$2,289	doesn't fit

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	0.0000%	8h	227.73	−0.050%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.68	−0.070%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.75	−0.040%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.65	−0.083%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.79	−0.022%	$15.4M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.23	−0.268%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDTshort	0.0000%	8h	227.75	−0.040%	$198K	$499K	30x
Phemex NVDAUSDT	0.0000%	4h	227.80	−0.018%	$2.2M	$43K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	227.57	−0.119%	$35K	—	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.58	−0.114%	$118K	$54K	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	+0.0017%	8h	227.69	−0.066%	$3.5M	$1.9M	—	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.56	−0.125%	$693K	$709K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0037%	8h	227.71	−0.057%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.59	−0.110%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.72	−0.053%	$1.5M	$10.2M	10x	as long as short
Vest NVDA-USD-PERPlong	+0.0046%	1h	227.84	long leg	—	$74K	25x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.55	−0.127%	$148.0M	$44.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.68	−0.070%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.58	−0.114%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.54	−0.132%	$1.5M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.167%	$1.3M	$788K	10x	as long as short
Nado NVDA-PERP	+0.0073%	1h	227.63	−0.090%	$484K	$230K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	227.70	−0.061%	$156.3M	$216.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.60	−0.104%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.62	−0.097%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.69	−0.066%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.65	−0.083%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.70	−0.063%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.62	−0.097%	$94K	$112K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.72	−0.053%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.84	0.000%	$5.1M	$7.0M	20x	as long as short
KuCoin NVDAUSDTM	+0.0133%	8h	227.73	−0.048%	$1.6M	$737K	20x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	227.78	−0.026%	$723K	$204K	20x	as long as short
edgeX NVDAUSDC	+0.0212%	4h	227.66	−0.078%	$170K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.96	+0.053%	$73K	$135	30x	as long as short