Funding you earn now, next payment 03:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.025%
Price spread now: GRVT against Arcus+0.012%7-day average +0.089% · 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−$34as in the Price arb table
costs, in and out, $10k−$260.259% of the position
Funding, last 4 days (all we have)−0.083%−$8 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now +0.012%, 7d avg +0.089%
=Together, before fees−0.023%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and GRVT is 0.077% cheaper against Arcus than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.089%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.72 | 0.0040 | pay 0.0005% / 1h | 35m 22s | $406K | $710K | 20x |
| Short | GRVT NVDA_USDT_Perp | 227.75 | 0 | get 0.0000% / 8h | 5h 35m | $20K | $384K | 10x |
Arcus NVDA-USD
GRVT NVDA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$8.46
- Price spread: +0.012% → +0.089%
- −$7.69
- Slippage, 4 orders
- −$12.35
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$42
- Costs to cover
- 0.259%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 28 min ago; GRVT: live order book, 27 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, 28 min ago | 1.10 bp | 10.0 bp −$10 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 27 min ago | 1.76 bp | 6.3 bp −$6 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 227.62 | −0.044% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.62 | −0.044% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.60 | −0.053% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.67 | −0.022% | $15.5M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perpshort | 0.0000% | 8h | 227.75 | +0.012% | $20K | $384K | 10x | |
| SunX NVDA-USDT | 0.0000% | 8h | 227.25 | −0.206% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.018% | $198K | $479K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.81 | +0.040% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0008% | 8h | 227.68 | −0.016% | $483K | $590K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.50 | −0.098% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0034% | 8h | 227.71 | −0.004% | $3.5M | $2.1M | — | as long as short |
| Hotstuff NVDA-PERP | +0.0040% | 1h | 227.48 | −0.105% | $35K | — | 20x | as long as short |
| Arcus NVDA-USDlong | +0.0040% | 1h | 227.72 | long leg | $406K | $710K | 20x | |
| QFEX NVDA-USD | +0.0044% | 1h | 227.64 | −0.035% | $1.4M | $9.7M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.72 | 0.000% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.50 | −0.097% | $148.0M | $44.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.58 | −0.061% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.57 | −0.066% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.45 | −0.119% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.114% | $1.3M | $776K | 10x | as long as short |
| Binance NVDAUSDT | +0.0092% | 8h | 227.67 | −0.022% | $156.2M | $215.2M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | −0.113% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.57 | −0.066% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.61 | −0.048% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.62 | −0.045% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.63 | −0.040% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0122% | 1h | 227.48 | −0.108% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0132% | 8h | 227.69 | −0.013% | $1.6M | $723K | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 227.62 | −0.042% | $2.2M | $3.2M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0210% | 8h | 227.78 | +0.026% | $722K | $202K | 20x | as long as short |
| Lighter RH NVDA | +0.0216% | 1h | 227.75 | +0.013% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.99 | +0.119% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0312% | 1h | 227.42 | −0.132% | $689K | $716K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0366% | 1h | 227.59 | −0.057% | $49K | $1.6M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0557% | 4h | 227.74 | +0.009% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Hotstuff NVDA-PERP
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
BloFin NVDA-USDT
Lighter RH NVDA
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC