Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRnext payment +$0.67 per $10,000 · paid last 24h −0.023%
Price spread now: GRVT against Bitget+0.041%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$270.268% of the position
Funding, last 7 days−0.146%−$15 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now +0.041%, 7d avg −0.026%
=Together, before fees−0.185%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and GRVT is 0.068% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.026%. Mind the row above: over the last 7 days funding on this pair cost −0.146%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 227.66 | 0 | get 0.0000% / 8h | 4h 51m | $15.5M | $16.4M | 100x |
| Short | GRVT NVDA_USDT_Perp | 227.75 | 0.0067 | get 0.0067% / 8h | 4h 51m | $20K | $385K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $14.07
- Price spread: +0.041% → −0.026%
- $6.76
- Slippage, 4 orders
- −$5.75
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$5.93
- Costs to cover
- 0.268%
- Break-even
- 9.9 days
Slippage from Bitget: live order book, 2 min ago; GRVT: live order book, 6 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, 2 min ago | 0.22 bp | 7.1 bp −$7 | 9.3 bp −$93 | 20.5 bp −$2,048 | doesn't fit |
| Sell GRVT live order book, 6 min ago | 1.54 bp | 6.5 bp −$6 | 8.0 bp −$80 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 227.61 | −0.022% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.59 | −0.031% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.59 | −0.031% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDTlong | 0.0000% | 8h | 227.66 | long leg | $15.5M | $16.4M | 100x | |
| SunX NVDA-USDT | 0.0000% | 8h | 227.23 | −0.189% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.77 | +0.048% | $198K | $473K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.76 | +0.044% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0019% | 1h | 227.57 | −0.039% | $118K | $54K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.65 | −0.004% | $406K | $744K | 20x | as long as short |
| Aster NVDAUSDT | +0.0046% | 8h | 227.69 | +0.014% | $483K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.73 | +0.031% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.47 | −0.083% | $147.9M | $43.7M | 20x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.47 | −0.083% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.49 | −0.075% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.67 | +0.004% | $1.4M | $9.4M | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 227.51 | −0.066% | $35K | — | 20x | as long as short |
| GRVT NVDA_USDT_Perpshort | +0.0067% | 8h | 227.75 | +0.041% | $20K | $385K | 10x | |
| Variational Omni NVDA | +0.0068% | 8h | 227.71 | +0.021% | $3.6M | $2.1M | — | as long as short |
| Polymarket Perps NVDA-USD | +0.0092% | 1h | 227.60 | −0.026% | $401K | $276K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.47 | −0.083% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.52 | −0.061% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.64 | −0.009% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | −0.057% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.63 | −0.014% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0130% | 8h | 227.65 | −0.004% | $156.6M | $215.9M | 50x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.64 | −0.009% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0158% | 8h | 227.70 | +0.018% | $1.6M | $725K | 20x | as long as short |
| Nado NVDA-PERP | +0.0185% | 1h | 227.49 | −0.074% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0200% | 1h | 227.59 | −0.030% | $2.1M | $3.3M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.02 | +0.158% | $73K | $134 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0250% | 8h | 227.71 | +0.022% | $724K | $201K | 20x | as long as short |
| Lighter RH NVDA | +0.0256% | 1h | 227.76 | +0.044% | $5.1M | $7.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0278% | 1h | 227.57 | −0.040% | $49K | $1.6M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0536% | 1h | 227.43 | −0.101% | $686K | $733K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0612% | 4h | 227.71 | +0.020% | $171K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDT
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Variational Omni NVDA
Polymarket Perps NVDA-USD
Pacifica NVDA
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Lighter RH NVDA
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC