Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bitget−0.053%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$550.551% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.053%, 7d avg −0.018%
=Funding pays, the price is against you. KuCoin is 0.035% cheaper against Bitget than usual: you would sell low and buy high (spread −0.053% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 28 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 226.75 | 0 | get 0.0000% / 8h | 2h 12m | $15.3M | $16.4M | 100x |
| Short | KuCoin NVDAUSDTM | 226.63 | 0.0100 | get 0.0100% / 8h | 2h 12m | $1.6M | $742K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.053% → −0.018%
- −$3.53
- Slippage, 4 orders
- −$31.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$37.64
- Costs to cover
- 0.551%
- Break-even
- 19.5 days
Slippage from Bitget: live order book, 1 min ago; KuCoin: live order book, 3 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, 1 min ago | 0.22 bp | 6.9 bp −$7 | 10.2 bp −$102 | 19.4 bp −$1,940 | doesn't fit |
| Sell KuCoin live order book, 3 min ago | 1.10 bp | 19.5 bp −$20 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0016% | 1h | 226.52 | −0.101% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.64 | −0.050% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.77 | +0.009% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.78 | +0.013% | $14.3M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.71 | −0.018% | $7.3M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDTlong | 0.0000% | 8h | 226.75 | long leg | $15.3M | $16.4M | 100x | |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.59 | −0.069% | $21K | $417K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.44 | −0.137% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.47 | −0.123% | $198K | $458K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.74 | −0.004% | $2.2M | $42K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0006% | 8h | 226.54 | −0.094% | $3.6M | $2.1M | — | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.40 | −0.152% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.57 | −0.079% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.67 | −0.035% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.76 | +0.004% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.60 | −0.066% | $147.2M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.63 | −0.053% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.56 | −0.084% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.38 | −0.163% | $1.6M | $2.0M | 15x | as long as short |
| Lighter NVDA | +0.0064% | 1h | 226.69 | −0.025% | $2.1M | $3.4M | 20x | as long as short |
| Binance NVDAUSDT | +0.0080% | 8h | 226.79 | +0.016% | $154.6M | $218.7M | 50x | as long as short |
| Nado NVDA-PERP | +0.0081% | 1h | 226.57 | −0.079% | $482K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.53 | −0.096% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTMshort | +0.0100% | 8h | 226.63 | −0.053% | $1.6M | $742K | 20x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.42 | −0.146% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.67 | −0.035% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.64 | −0.049% | $53K | $1.8M | 10x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.81 | +0.026% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.70 | −0.023% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.58 | −0.075% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.203% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0200% | 8h | 226.74 | −0.004% | $713K | $193K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.88 | +0.057% | $73K | $139 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.56 | −0.086% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0830% | 4h | 226.55 | −0.089% | $170K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
KuCoin NVDAUSDTM
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDA
Aftermath Perps NVDAUSD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Lighter NVDA
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC