Funding you earn now, next payment 08:00 UTC+0.0019%/8h= +2.0% APRnext payment +$0.19 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against Bitget−0.015%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days+0.021%+$2 on $10k
+Price spread, last 2 days (all we have)+0.032%+$3 · spread now −0.015%, 7d avg −0.009%
=The price spread sits at its 7-day average of −0.009%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 227.96 | 0.0047 | pay 0.0047% / 8h | 7h 15m | $15.5M | $16.9M | 100x |
| Short | Binance NVDAUSDT | 227.93 | 0.0066 | get 0.0066% / 8h | 7h 15m | $156.6M | $217.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- $3.9
- Price spread: −0.015% → −0.009%
- −$0.53
- Slippage, 4 orders
- −$2.85
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$21.48
- Costs to cover
- 0.248%
- Break-even
- 45.6 days
Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 13 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 Bitget live order book, 3 min ago | 0.22 bp | 7.2 bp −$7 | 11.5 bp −$115 | 23.9 bp −$2,394 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.22 bp | 5.2 bp −$5 | 6.3 bp −$63 | 18.6 bp −$1,860 | 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 | 227.71 | −0.112% | $483K | $586K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.90 | −0.026% | $12.7M | $15.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.89 | −0.031% | $14.4M | $20.7M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 227.76 | −0.088% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.85 | −0.048% | $7.2M | $9.7M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.87 | −0.040% | $3.5M | $1.9M | — | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.53 | −0.189% | $3K | $3.8M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.88 | −0.035% | $198K | $510K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.98 | +0.009% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.68 | −0.122% | $118K | $55K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.72 | −0.105% | $524K | $473K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.72 | −0.105% | $400K | $724K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 227.86 | −0.044% | $1.6M | $11.0M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.96 | 0.000% | — | $74K | 25x | as long as short |
| Bitget NVDAUSDTlong | +0.0047% | 8h | 227.96 | long leg | $15.5M | $16.9M | 100x | |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.76 | −0.088% | $147.9M | $46.0M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.82 | −0.061% | $402K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.75 | −0.092% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.69 | −0.118% | $1.5M | $2.1M | 15x | as long as short |
| Binance NVDAUSDTshort | +0.0066% | 8h | 227.93 | −0.015% | $156.6M | $217.4M | 50x | |
| Coinbase International NVDA-PERP-INTX | +0.0080% | 1h | 227.46 | −0.219% | $1.3M | $800K | 10x | as long as short |
| Nado NVDA-PERP | +0.0087% | 1h | 227.78 | −0.080% | $484K | $229K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0094% | 8h | 227.87 | −0.039% | $20K | $389K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0096% | 1h | 227.88 | −0.033% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.76 | −0.088% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.69 | −0.118% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.89 | −0.031% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.73 | −0.101% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0138% | 8h | 227.89 | −0.031% | $1.6M | $735K | 20x | as long as short |
| Lighter NVDA | +0.0152% | 1h | 227.92 | −0.018% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0152% | 1h | 228.05 | +0.039% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0184% | 8h | 227.94 | −0.009% | $718K | $206K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0189% | 1h | 227.83 | −0.057% | $49K | $1.5M | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.36 | +0.175% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0924% | 4h | 227.82 | −0.064% | $170K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
Binance NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
GRVT NVDA_USDT_Perp
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter NVDA
Lighter RH NVDA
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
edgeX NVDAUSDC