NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.009%

Price spread now: tradeXYZ against Arcus−0.048%7-day average +0.034% · 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−$47as in the Price arb table

costs, in and out, $10k−$380.383% of the position

Long on Arcus Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.048%, 7d avg +0.034%

Together, before fees+0.173%+ Points / potential airdroptradeXYZ: Active · farm board+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.082% cheaper against Arcus than usual: you would sell low and buy high (spread −0.048% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 28 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	227.55	0.0040	pay 0.0005% / 1h	13m 08s	$399K	$741K	20x
Short	tradeXYZ xyz:NVDA	227.44	0.0050	get 0.0006% / 1h	13m 08s	$147.8M	$43.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Arcus. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ArcusbpFee tradeXYZbpOrdersPrice spread, now −0.048%Rate

Funding earned: $2.04
Price spread: −0.048% → +0.034%: −$8.2
Slippage, 4 orders: −$15.81
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$44.47
Costs to cover: 0.383%
Break-even: 159.5 days

Slippage from Arcus: live order book, 46 min ago; tradeXYZ: live order book, 6 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, 46 min ago	1.32 bp	8.2 bp −$8	12.4 bp −$124	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.22 bp	9.8 bp −$10	11.2 bp −$112	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	227.56	+0.004%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.57	+0.009%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.53	−0.009%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.62	+0.031%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.26	−0.127%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.64	+0.040%	$198K	$469K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.66	+0.048%	$2.2M	$43K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0014%	1h	227.51	−0.018%	$49K	$1.6M	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.55	0.000%	$118K	$54K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0021%	8h	227.63	+0.035%	$20K	$390K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0031%	8h	227.61	+0.027%	$483K	$590K	20x	as long as short
Arcus NVDA-USDlong	+0.0040%	1h	227.55	long leg	$399K	$741K	20x
Vest NVDA-USD-PERP	+0.0046%	1h	227.71	+0.070%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAshort	+0.0050%	1h	227.44	−0.048%	$147.8M	$43.6M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.56	+0.004%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.45	−0.044%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.37	−0.079%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.54	−0.004%	$1.3M	$9.2M	10x	as long as short
Variational Omni NVDA	+0.0062%	8h	227.60	+0.020%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERP	+0.0070%	1h	227.49	−0.025%	$484K	$228K	20x	as long as short
Lighter NVDA	+0.0080%	1h	227.57	+0.008%	$2.2M	$3.3M	20x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	227.45	−0.044%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.48	−0.032%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.47	−0.035%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.56	+0.004%	$36K	$21K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	−0.009%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.58	+0.015%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0116%	8h	227.60	+0.021%	$156.2M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	227.64	+0.040%	$1.6M	$723K	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.52	−0.013%	$94K	$112K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.73	+0.079%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.91	+0.158%	$73K	$139	30x	as long as short
BloFin NVDA-USDT	+0.0236%	8h	227.63	+0.035%	$721K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0360%	1h	227.45	−0.044%	$675K	$748K	10x	as long as short
edgeX NVDAUSDC	+0.0852%	4h	227.56	+0.005%	$170K	$1.9M	20x	as long as short