Funding you earn now, next payment 23:00 UTC+0.0047%/8h= +5.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.041%
Price spread now: Deribit against Aftermath Perps+0.068%7-day average +0.023% · 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−$39as in the Price arb table
costs, in and out, $10k−$440.439% of the position
Funding, last 3 days (all we have)+0.239%+$24 on $10k
+Price spread, last 3 days (all we have)−0.046%−$5 · spread now +0.068%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Deribit is 0.045% dearer against Aftermath Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps NVDAUSD | 227.24 | 0.0011 | pay 0.0001% / 1h | 33m 07s | $118K | $55K | 10x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.40 | 0.0058 | get 0.0007% / 1h | 33m 07s | $49K | $1.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Aftermath Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $9.89
- Price spread: +0.068% → +0.023%
- $4.52
- Slippage, 4 orders
- −$27.86
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$29.44
- Costs to cover
- 0.439%
- Break-even
- 27.8 days
Slippage from Aftermath Perps: live order book, 51 min ago; Deribit: live order book, 1 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 Aftermath Perps live order book, 51 min ago | 9.12 bp | 15.6 bp −$16 | doesn't fit | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 0.22 bp | 8.9 bp −$9 | 11.4 bp −$114 | 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 | 227.31 | +0.029% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 227.49 | +0.108% | $474K | $578K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.46 | +0.095% | $12.7M | $15.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.47 | +0.099% | $14.4M | $21.1M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.40 | +0.068% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.43 | +0.081% | $3.5M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.46 | +0.097% | $20K | $441K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.04 | −0.090% | $2K | $4.0M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.41 | +0.073% | $202K | $522K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.52 | +0.121% | $2.2M | $41K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDT | +0.0004% | 8h | 227.50 | +0.112% | $156.2M | $220.7M | 50x | as long as short |
| Aftermath Perps NVDAUSDlong | +0.0011% | 1h | 227.24 | long leg | $118K | $55K | 10x | |
| Bitget NVDAUSDT | +0.0020% | 8h | 227.52 | +0.121% | $15.6M | $17.9M | 100x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.27 | +0.013% | $522K | $409K | 10x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.45 | +0.090% | $1.6M | $11.4M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.51 | +0.117% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.32 | +0.033% | $147.3M | $49.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.37 | +0.055% | $401K | $290K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.33 | +0.038% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.27 | +0.011% | $1.6M | $2.1M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.0058% | 1h | 227.40 | +0.068% | $49K | $1.5M | 10x | |
| BloFin NVDA-USDT | +0.0058% | 8h | 227.48 | +0.104% | $714K | $205K | 20x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.25 | +0.002% | $93K | $112K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0074% | 4h | 227.49 | +0.107% | $170K | $1.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0079% | 1h | 227.33 | +0.039% | $484K | $227K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.48 | +0.102% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.103% | $1.3M | $888K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.31 | +0.029% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.43 | +0.082% | $1.6M | $754K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.30 | +0.024% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.46 | +0.095% | $36K | $22K | 20x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 227.62 | +0.165% | $4.9M | $7.0M | 20x | as long as short |
| Lighter NVDA | +0.0152% | 1h | 227.50 | +0.111% | $2.1M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.61 | +0.161% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USD | +0.0305% | 1h | 227.38 | +0.060% | $388K | $709K | 20x | as long as short |
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUAL
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Binance NVDAUSDT
Bitget NVDAUSDT
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
BloFin NVDA-USDT
Phoenix NVDA
edgeX NVDAUSDC
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Lighter RH NVDA
Lighter NVDA
Injective NVDA/USDC PERP