Funding you earn now, next payment 05:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%
Price spread now: Ondo Perps against Arcus−0.066%7-day average −0.006% · 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)−0.037%−$4 on $10k
+Price spread, last 4 days (all we have)+0.036%+$4 · spread now −0.066%, 7d avg −0.006%
=Together, before fees−0.001%+ Points / potential airdropOndo Perps: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.060% cheaper against Arcus than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.006%). If the spread goes back, that is −$6 on $10k: about 20 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.45 | 0.0040 | pay 0.0005% / 1h | 50m 48s | $399K | $741K | 20x |
| Short | Ondo Perps NVDA-USD.P | 227.30 | 0.0050 | get 0.0006% / 1h | 50m 48s | $1.6M | $2.0M | 15x |
Arcus NVDA-USD
Ondo Perps NVDA-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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
- $2.13
- Price spread: −0.066% → −0.006%
- −$5.99
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$13.37
- Costs to cover
- 0.095%
- Break-even
- 51.0 days
Slippage unknown: Arcus: live order book, 3 min ago; Ondo Perps: 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, 3 min ago | 1.32 bp | 8.7 bp −$9 | 12.1 bp −$121 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0024% | 1h | 227.35 | −0.044% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.42 | −0.013% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.41 | −0.018% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.38 | −0.031% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.46 | +0.004% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.53 | +0.035% | $20K | $390K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.09 | −0.158% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.71 | +0.114% | $198K | $465K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.56 | +0.048% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.39 | −0.026% | $118K | $53K | 10x | as long as short |
Hotstuff NVDA-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 NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0020% | 8h | 227.39 | −0.024% | $483K | $590K | 20x | as long as short |
| Lighter NVDA | +0.0040% | 1h | 227.44 | −0.006% | $2.2M | $3.3M | 20x | as long as short |
| Arcus NVDA-USDlong | +0.0040% | 1h | 227.45 | long leg | $399K | $741K | 20x | |
| QFEX NVDA-USD | +0.0041% | 1h | 227.46 | +0.004% | $1.3M | $9.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.62 | +0.075% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.28 | −0.075% | $147.7M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.49 | +0.018% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.35 | −0.044% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.Pshort | +0.0050% | 1h | 227.30 | −0.066% | $1.6M | $2.0M | 15x | |
| Nado NVDA-PERP | +0.0052% | 1h | 227.38 | −0.029% | $484K | $228K | 20x | as long as short |
| Variational Omni NVDA | +0.0052% | 8h | 227.47 | +0.007% | $3.6M | $2.2M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.37 | −0.035% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.41 | −0.018% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.42 | −0.013% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.42 | −0.013% | $49K | $1.7M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.48 | +0.013% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0106% | 8h | 227.42 | −0.011% | $156.0M | $215.9M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0113% | 8h | 227.42 | −0.013% | $1.6M | $724K | 20x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 227.59 | +0.062% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.53 | +0.035% | $1.3M | $775K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.46 | +0.004% | $94K | $112K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0174% | 4h | 227.50 | +0.024% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.83 | +0.167% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0226% | 8h | 227.52 | +0.031% | $720K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0232% | 1h | 227.25 | −0.090% | $675K | $776K | 10x | as long as short |
Aster NVDAUSDT
Lighter NVDA
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Nado NVDA-PERP
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD