Funding you earn now, next payment 22:00 UTC−0.0387%/8h= −42.4% APRnext payment −$0.48 per $10,000 · paid last 24h +0.006%
Price spread now: Extended against Arcus−0.053%7-day average +0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$190.192% of the position
Funding, last 3 days (all we have)−0.050%−$5 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.053%, 7d avg +0.045%
=Together, before fees+0.153%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Extended is 0.098% cheaper against Arcus than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.050% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.48 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.15 | 0.0419 | pay 0.0052% / 1h | 24m 15s | $395K | $683K | 20x |
| Short | Extended NVDA_24_5-USD | 227.03 | 0.0032 | get 0.0004% / 1h | 24m 15s | $522K | $407K | 10x |
Arcus NVDA-USD
Extended NVDA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Arcus. 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
- −$81.35
- Price spread: −0.053% → +0.045%
- −$9.81
- Slippage, 4 orders
- −$9.68
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$110.33
- Costs to cover
- 0.192%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 64 min ago; Extended: live order book, 63 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 Arcus live order book, 64 min ago | 1.10 bp | 6.4 bp −$6 | 6.8 bp −$68 | doesn't fit | doesn't fit |
| Sell Extended live order book, 63 min ago | 0.44 bp | 4.6 bp −$5 | 35.0 bp −$350 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.08 | −0.033% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.12 | −0.013% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.15 | 0.000% | $14.4M | $21.2M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 227.00 | −0.066% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.10 | −0.022% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.19 | +0.016% | $3.5M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.18 | +0.012% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.82 | −0.145% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.12 | −0.013% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.20 | +0.022% | $202K | $528K | 30x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Hotstuff NVDA-PERP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NVDAUSDT | 0.0000% | 4h | 227.17 | +0.009% | $2.2M | $41K | 10x | as long as short |
| Binance NVDAUSDT | +0.0002% | 8h | 227.17 | +0.009% | $156.2M | $220.6M | 50x | as long as short |
| BloFin NVDA-USDT | +0.0011% | 8h | 227.19 | +0.018% | $713K | $205K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.08 | −0.032% | $118K | $54K | 10x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.14 | −0.004% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.28 | +0.057% | $4.9M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USDshort | +0.0032% | 1h | 227.03 | −0.053% | $522K | $407K | 10x | |
| Nado NVDA-PERP | +0.0045% | 1h | 227.04 | −0.049% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.29 | +0.062% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.02 | −0.057% | $147.1M | $50.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.11 | −0.018% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.03 | −0.053% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.96 | −0.084% | $1.6M | $2.1M | 15x | as long as short |
| Bitget NVDAUSDT | +0.0062% | 8h | 227.17 | +0.009% | $15.5M | $18.3M | 100x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.09 | −0.026% | $93K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0072% | 1h | 227.19 | +0.017% | $2.1M | $3.3M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.14 | −0.005% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.03 | −0.054% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.16 | +0.004% | $1.6M | $752K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.11 | −0.018% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.12 | −0.013% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.062% | $1.3M | $911K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.48 | +0.145% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USDlong | +0.0419% | 1h | 227.15 | long leg | $395K | $683K | 20x | |
| edgeX NVDAUSDC | +0.0879% | 4h | 227.19 | +0.018% | $170K | $1.9M | 20x | as long as short |
Phemex NVDAUSDT
Binance NVDAUSDT
BloFin NVDA-USDT
Aftermath Perps NVDAUSD
QFEX NVDA-USD
Lighter RH NVDA
Nado NVDA-PERP
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Bitget NVDAUSDT
Phoenix NVDA
Lighter NVDA
Aevo NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP
edgeX NVDAUSDC