Funding you earn now, next payment 02:00 UTC+0.0060%/8h= +6.5% APRnext payment +$0.07 per $10,000 · paid last 24h +0.003%
Price spread now: Pacifica against Arcus+0.010%7-day average +0.042% · 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−$37as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 3 days (all we have)−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.010%, 7d avg +0.042%
=Together, before fees+0.053%+ Points / potential airdropPacifica: Active · farm board+$5 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.031% cheaper against Arcus than usual: you would sell low and buy high (spread +0.010% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.66 | 0.0040 | pay 0.0005% / 1h | 27m 31s | $400K | $723K | 20x |
| Short | Pacifica NVDA | 227.68 | 0.0100 | get 0.0013% / 1h | 27m 31s | $299K | $60K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $12.54
- Price spread: +0.010% → +0.042%
- −$3.14
- Slippage, 4 orders
- −$21.1
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$24.2
- Costs to cover
- 0.336%
- Break-even
- 20.5 days
Slippage from Arcus: live order book, 41 min ago; Pacifica: live order book, 41 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, 41 min ago | 1.32 bp | 10.5 bp −$11 | 16.0 bp −$160 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 41 min ago | 1.98 bp | 8.1 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
NVDA on 34 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 | 227.81 | +0.064% | $484K | $581K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.82 | +0.070% | $12.7M | $15.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.82 | +0.070% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.76 | +0.044% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.85 | +0.083% | $15.4M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.30 | −0.158% | $2K | $3.8M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.88 | +0.097% | $198K | $497K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.89 | +0.101% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.61 | −0.022% | $118K | $54K | 10x | as long as short |
| Variational Omni NVDA | +0.0017% | 8h | 227.76 | +0.044% | $3.5M | $1.9M | — | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0021% | 8h | 227.79 | +0.059% | $20K | $385K | 10x | as long as short |
| Arcus NVDA-USDlong | +0.0040% | 1h | 227.66 | long leg | $400K | $723K | 20x | |
| QFEX NVDA-USD | +0.0045% | 1h | 227.82 | +0.070% | $1.5M | $10.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.93 | +0.119% | — | $74K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 227.68 | +0.009% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.69 | +0.013% | $148.1M | $44.7M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.76 | +0.044% | $402K | $280K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.67 | +0.004% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.56 | −0.044% | $1.5M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.088% | $1.3M | $787K | 10x | as long as short |
| Nado NVDA-PERP | +0.0077% | 1h | 227.69 | +0.013% | $484K | $230K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0080% | 1h | 227.66 | +0.002% | $689K | $714K | 10x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 227.84 | +0.079% | $156.3M | $216.1M | 50x | as long as short |
| Pacifica NVDAshort | +0.0100% | 1h | 227.68 | +0.010% | $299K | $60K | 10x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.65 | −0.004% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.80 | +0.061% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0101% | 1h | 227.72 | +0.026% | $49K | $1.5M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.76 | +0.046% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.74 | +0.035% | $94K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 227.82 | +0.069% | $2.2M | $3.2M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0128% | 8h | 227.84 | +0.079% | $1.6M | $737K | 20x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 227.94 | +0.123% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.97 | +0.136% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0796% | 4h | 227.88 | +0.098% | $170K | $1.9M | 20x | as long as short |
Pacifica NVDA
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
GRVT NVDA_USDT_Perp
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Extended NVDA_24_5-USD
Binance NVDAUSDT
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Phoenix NVDA
Lighter NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Injective NVDA/USDC PERP
edgeX NVDAUSDC