Funding you earn now, next payment 08:00 UTC+0.0012%/8h= +1.4% APRnext payment +$0.12 per $10,000 · paid last 24h −0.003%
Price spread now: Orderly against Binance−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Orderly is 0.020% cheaper against Binance than usual: you would sell low and buy high (spread −0.020% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 5.5 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 | Binance NVDAUSDT | 226.30 | 0.0088 | pay 0.0088% / 8h | 1h 34m | $154.3M | $219.4M | 50x |
| Short | Orderly PERP_NVDA_USDC | 226.25 | 0.0100 | get 0.0100% / 8h | 1h 34m | $36K | $21K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $2.6
- Price spread: −0.020% → 0.000%
- −$2.04
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$15.45
- Costs to cover
- 0.160%
- Break-even
- 48.6 days
Slippage unknown: Binance: live order book, 9 min ago; Orderly: no order-book sample. Net counts fees only.
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, 9 min ago | 0.22 bp | 5.2 bp −$5 | 5.6 bp −$56 | 16.1 bp −$1,610 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 226.27 | −0.012% | $12.4M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.26 | −0.016% | $14.1M | $20.7M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.21 | −0.038% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.28 | −0.007% | $15.2M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.40 | +0.046% | $22K | $422K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.91 | −0.171% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | +0.072% | $198K | $452K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.69 | +0.174% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0001% | 8h | 226.35 | +0.023% | $482K | $571K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.19 | −0.047% | $53K | $1.8M | 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 | +0.0017% | 1h | 226.19 | −0.046% | $117K | $52K | 10x | as long as short |
| Variational Omni NVDA | +0.0018% | 8h | 226.38 | +0.035% | $3.5M | $2.2M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.27 | −0.012% | $398K | $735K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.39 | +0.041% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.12 | −0.078% | $146.9M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.22 | −0.034% | $395K | $281K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.13 | −0.073% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.05 | −0.109% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.29 | −0.003% | $1.3M | $9.1M | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.13 | −0.073% | $35K | — | 20x | as long as short |
| Binance NVDAUSDTlong | +0.0088% | 8h | 226.30 | long leg | $154.3M | $219.4M | 50x | |
| Lighter NVDA | +0.0088% | 1h | 226.27 | −0.012% | $2.1M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.16 | −0.058% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.32 | +0.010% | $1.6M | $751K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.25 | −0.020% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.0100% | 8h | 226.25 | −0.020% | $36K | $21K | 20x | |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.26 | −0.018% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.19 | −0.047% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.003% | $1.3M | $789K | 10x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 226.39 | +0.041% | $5.0M | $6.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0138% | 1h | 226.16 | −0.059% | $480K | $226K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0208% | 8h | 226.44 | +0.064% | $715K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.01 | +0.315% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0456% | 1h | 226.13 | −0.071% | $667K | $762K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0491% | 4h | 226.35 | +0.022% | $170K | $1.9M | 20x | as long as short |
Binance NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC