Funding you earn now, next payment 08:00 UTC−0.0157%/8h= −17.2% APRnext payment −$1.57 per $10,000 · paid last 24h −0.031%
Price spread now: Bybit against Binance−0.011%7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.237% of the position
Funding, last 7 days−0.140%−$14 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.011%, 7d avg −0.011%
=The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVDAUSDT | 226.17 | 0.0157 | pay 0.0157% / 8h | 0m 33s | $155.2M | $219.5M | 50x |
| Short | Bybit NVDAUSDT | 226.15 | 0 | get 0.0000% / 8h | 0m 33s | $12.4M | $14.4M | 100x |
Binance NVDAUSDT
Bybit NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- −$33.06
- Price spread: −0.011% → −0.011%
- −$0.04
- Slippage, 4 orders
- −$2.74
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$56.84
- Costs to cover
- 0.237%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bybit: live order book, 3 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 Binance live order book, 13 min ago | 0.22 bp | 5.2 bp −$5 | 6.5 bp −$65 | 16.7 bp −$1,670 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.22 bp | 6.5 bp −$6 | 8.3 bp −$83 | 84.9 bp −$8,493 | 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 NVDAUSDTshort | 0.0000% | 8h | 226.15 | −0.011% | $12.4M | $14.4M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.18 | +0.002% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.19 | +0.007% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.28 | +0.046% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.01 | −0.073% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.35 | +0.077% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.56 | +0.170% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.15 | −0.009% | $117K | $51K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0016% | 1h | 226.13 | −0.020% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | +0.055% | $392K | $738K | 20x | as long as short |
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Hotstuff NVDA-PERP
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.23 | +0.024% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.22 | +0.020% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.12 | −0.024% | $1.6M | $1.9M | 15x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0055% | 8h | 226.41 | +0.106% | $22K | $423K | 10x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.14 | −0.015% | $1.3M | $9.0M | 10x | as long as short |
| Polymarket Perps NVDA-USD | +0.0071% | 1h | 225.90 | −0.122% | $390K | $247K | 10x | as long as short |
| Aster NVDAUSDT | +0.0072% | 8h | 226.22 | +0.020% | $481K | $530K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0096% | 1h | 226.07 | −0.046% | $146.7M | $43.3M | 20x | as long as short |
| Variational Omni NVDA | +0.0099% | 8h | 226.31 | +0.062% | $3.5M | $2.3M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.06 | −0.051% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.17 | −0.002% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.30 | +0.055% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0112% | 8h | 226.21 | +0.015% | $1.6M | $857K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.37 | +0.086% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.038% | $1.3M | $695K | 10x | as long as short |
| Binance NVDAUSDTlong | +0.0157% | 8h | 226.17 | long leg | $155.2M | $219.5M | 50x | |
| Nado NVDA-PERP | +0.0176% | 1h | 225.96 | −0.095% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 226.12 | −0.023% | $2.1M | $3.3M | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.36 | +0.082% | $93K | $83K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0202% | 4h | 226.42 | +0.109% | $170K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.161% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.26 | +0.038% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0276% | 8h | 226.34 | +0.073% | $710K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 226.20 | +0.011% | $646K | $878K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.28 | +0.046% | $53K | $1.9M | 10x | as long as short |
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
GRVT NVDA_USDT_Perp
QFEX NVDA-USD
Polymarket Perps NVDA-USD
Aster NVDAUSDT
tradeXYZ xyz:NVDA
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERP
Lighter NVDA
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL