Funding you earn now, next payment 09:00 UTC+0.0180%/8h= +19.7% APRnext payment +$0.22 per $10,000 · paid last 24h +0.039%
Price spread now: Injective against Arcus−0.049%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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
Funding pays, the price is against you. Injective is 0.049% cheaper against Arcus than usual: you would sell low and buy high (spread −0.049% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 22 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 226.65 | 0.0040 | pay 0.0005% / 1h | 12m 27s | $392K | $739K | 20x |
| Short | Injective NVDA/USDC PERP | 226.54 | 0.0220 | get 0.0028% / 1h | 12m 27s | $73K | $138 | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $37.74
- Price spread: −0.049% → 0.000%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $28.37
- Costs to cover
- 0.045%
- Break-even
- 1.7 days
Slippage unknown: Arcus: live order book, 21 min ago; Injective: no order-book sample. 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 Arcus live order book, 21 min ago | 0.66 bp | 6.8 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.75 | +0.044% | $12.6M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.75 | +0.044% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.69 | +0.018% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.86 | +0.093% | $15.7M | $16.0M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.60 | −0.022% | $21K | $430K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.48 | −0.075% | $2K | $3.5M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.28 | −0.163% | $198K | $436K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.76 | +0.049% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0009% | 1h | 226.33 | −0.143% | $117K | $51K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.65 | −0.001% | $2.1M | $3.3M | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.62 | −0.013% | $640K | $872K | 10x | as long as short |
| Arcus NVDA-USDlong | +0.0040% | 1h | 226.65 | long leg | $392K | $739K | 20x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.80 | +0.066% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.59 | −0.026% | $147.5M | $44.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.58 | −0.031% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.54 | −0.049% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.41 | −0.106% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0068% | 8h | 226.61 | −0.017% | $484K | $544K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.67 | +0.009% | $1.3M | $9.1M | 10x | as long as short |
| Nado NVDA-PERP | +0.0073% | 1h | 226.54 | −0.049% | $481K | $221K | 20x | as long as short |
| Lighter RH NVDA | +0.0080% | 1h | 226.80 | +0.066% | $5.1M | $7.3M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 226.50 | −0.066% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0098% | 8h | 226.63 | −0.008% | $3.2M | $2.5M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.50 | −0.067% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.48 | −0.075% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.76 | +0.049% | $36K | $20K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0110% | 8h | 226.60 | −0.022% | $1.6M | $1.0M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.77 | +0.055% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.17 | −0.212% | $1.3M | $679K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0147% | 1h | 226.78 | +0.057% | $53K | $1.9M | 10x | as long as short |
| Binance NVDAUSDT | +0.0153% | 8h | 226.76 | +0.048% | $155.4M | $222.7M | 50x | as long as short |
| edgeX NVDAUSDC | +0.0165% | 4h | 226.53 | −0.053% | $171K | $1.9M | 20x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.11 | −0.238% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERPshort | +0.0220% | 1h | 226.54 | −0.049% | $73K | $138 | 30x | |
| BloFin NVDA-USDT | +0.0275% | 8h | 226.60 | −0.022% | $710K | $201K | 20x | as long as short |
Injective NVDA/USDC PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Lighter NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Aster NVDAUSDT
Lighter RH NVDA
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
Binance NVDAUSDT
edgeX NVDAUSDC
Phoenix NVDA
BloFin NVDA-USDT