Funding you earn now, next payment 00:00 UTC−0.0039%/8h= −4.3% APRnext payment −$0.39 per $10,000 · paid last 24h −0.029%
Price spread now: HTX against Binance+0.035%53s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$54as 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−$340.341% of the position
Funding, last 7 days−0.201%−$20 on $10k
+Price spread, last 2 days (all we have)−0.107%−$11 · spread now +0.035%, 7d avg −0.017%
=The price spread pays, funding is against you. HTX is 0.053% dearer against Binance than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.017%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−0.201% in total) that is about 44 hours. The two prices were read 53 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 | 227.36 | 0.0039 | pay 0.0039% / 8h | 23m 21s | $156.2M | $220.2M | 50x |
| Short | HTX NVDA-USDT | 227.44 | 0 | get 0.0000% / 8h | 23m 21s | $198K | $521K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$8.18
- Price spread: +0.035% → −0.017%
- $5.27
- Slippage, 4 orders
- −$12.08
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$37
- Costs to cover
- 0.341%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; HTX: live order book, 55 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, 5 min ago | 0.22 bp | 5.2 bp −$5 | 6.1 bp −$61 | 18.1 bp −$1,809 | doesn't fit |
| Sell HTX live order book, 55 min ago | 0.22 bp | 10.6 bp −$11 | 12.5 bp −$125 | 32.3 bp −$3,229 | 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 | 227.39 | +0.014% | $482K | $587K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.35 | −0.004% | $12.7M | $15.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.30 | −0.026% | $14.4M | $21.0M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.30 | −0.026% | $7.2M | $9.7M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.33 | −0.014% | $3.6M | $1.9M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.37 | +0.004% | $21K | $412K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.86 | −0.220% | $2K | $3.9M | 20x | as long as short |
| HTX NVDA-USDTshort | 0.0000% | 8h | 227.44 | +0.035% | $198K | $521K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.37 | +0.004% | $2.2M | $42K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.30 | −0.026% | $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 | +0.0028% | 1h | 227.20 | −0.070% | $118K | $56K | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.22 | −0.059% | $535K | $447K | 10x | as long as short |
| Bitget NVDAUSDT | +0.0035% | 8h | 227.38 | +0.009% | $15.5M | $17.7M | 100x | as long as short |
| Binance NVDAUSDTlong | +0.0039% | 8h | 227.36 | long leg | $156.2M | $220.2M | 50x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.48 | +0.053% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.22 | −0.062% | $147.8M | $48.8M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.27 | −0.040% | $401K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.23 | −0.057% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.15 | −0.092% | $1.6M | $2.1M | 15x | as long as short |
| QFEX NVDA-USD | +0.0060% | 1h | 227.36 | 0.000% | $1.6M | $11.5M | 10x | as long as short |
| Nado NVDA-PERP | +0.0066% | 1h | 227.27 | −0.042% | $483K | $229K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.35 | −0.005% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.154% | $1.3M | $845K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.23 | −0.058% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.43 | +0.031% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.28 | −0.035% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.30 | −0.026% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.26 | −0.044% | $93K | $112K | 20x | as long as short |
| Arcus NVDA-USD | +0.0127% | 1h | 227.18 | −0.079% | $399K | $724K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0152% | 1h | 227.22 | −0.062% | $35K | — | 20x | as long as short |
| BloFin NVDA-USDT | +0.0161% | 8h | 227.35 | −0.004% | $718K | $204K | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.51 | +0.066% | $5.1M | $7.2M | 20x | as long as short |
| Lighter NVDA | +0.0216% | 1h | 227.38 | +0.011% | $2.1M | $3.3M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.73 | +0.163% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0271% | 4h | 227.32 | −0.016% | $170K | $1.9M | 20x | as long as short |
Binance NVDAUSDT
HTX NVDA-USDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Phemex NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Aftermath Perps NVDAUSD
Extended NVDA_24_5-USD
Bitget NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
BloFin NVDA-USDT
Lighter RH NVDA
Lighter NVDA
Injective NVDA/USDC PERP
edgeX NVDAUSDC