NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0035%/8h= −3.9% APRnext payment −$0.35 per $10,000 · paid last 24h −0.029%

Price spread now: GRVT against Binance+0.028%49s7-day average −0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$230.226% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 2 days (all we have)−0.098%−$10 · spread now +0.028%, 7d avg −0.038%

Together, before fees−0.272%+ Points / potential airdropGRVT: Active · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. GRVT is 0.066% dearer against Binance than usual: you sell high and buy low (spread +0.028% now, against its 7-day average of −0.038%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.2 days. At the pace of the last 7 days (−0.173% in total) that is about 2.7 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NVDAUSDT	227.48	0.0035	pay 0.0035% / 8h	0m 49s	$156.3M	$219.3M	50x
Short	GRVT NVDA_USDT_Perp	227.55	0	get 0.0000% / 8h	0m 49s	$20K	$405K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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 BinancebpFee GRVTbpOrdersPrice spread, now +0.028%Rate

Funding earned: −$7.44
Price spread: +0.028% → −0.038%: $6.61
Slippage, 4 orders: −$3.58
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$23.41
Costs to cover: 0.226%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; GRVT: live order book, 12 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	6.1 bp −$61	15.7 bp −$1,569	doesn't fit
Sell GRVT live order book, 12 min ago	1.54 bp	6.1 bp −$6	10.8 bp −$108	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
Aster NVDAUSDT	0.0000%	8h	227.49	+0.003%	$482K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.43	−0.022%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	−0.013%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	−0.035%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.45	−0.012%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perpshort	0.0000%	8h	227.55	+0.028%	$20K	$405K	10x
SunX NVDA-USDT	0.0000%	8h	227.02	−0.202%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.53	+0.022%	$197K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.52	+0.017%	$2.2M	$42K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0014%	1h	227.40	−0.035%	$49K	$1.4M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0016%	1h	227.35	−0.056%	$118K	$56K	10x	as long as short
Bitget NVDAUSDT	+0.0020%	8h	227.45	−0.013%	$15.5M	$17.4M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.29	−0.083%	$535K	$447K	10x	as long as short
Binance NVDAUSDTlong	+0.0035%	8h	227.48	long leg	$156.3M	$219.3M	50x
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.022%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	−0.075%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.42	−0.027%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.34	−0.062%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.21	−0.119%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0058%	1h	227.36	−0.053%	$484K	$229K	20x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.42	−0.027%	$1.6M	$11.5M	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.44	−0.018%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.207%	$1.3M	$839K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.31	−0.074%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.37	−0.049%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	−0.027%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.38	−0.044%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0112%	8h	227.52	+0.017%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.28	−0.088%	$399K	$724K	20x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	227.30	−0.079%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0143%	8h	227.49	+0.004%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0168%	1h	227.49	+0.004%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0168%	1h	227.61	+0.057%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.083%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0312%	4h	227.49	+0.003%	$171K	$1.9M	20x	as long as short