Funding you earn now, next payment 00:00 UTC+0.0049%/8h= +5.3% APRnext payment +$0.49 per $10,000 · paid last 24h −0.014%
Price spread now: Bitget against BloFin−0.004%95s7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as 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−$280.279% of the position
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.004%, 7d avg +0.020%
=Funding pays, the price is against you. Bitget is 0.024% cheaper against BloFin than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.020%). If the spread goes back, that is −$2 on $10k: about 40 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour. The two prices were read 95 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 | BloFin NVDA-USDT | 227.18 | 0.0014 | pay 0.0014% / 8h | 2h 25m | $714K | $205K | 20x |
| Short | Bitget NVDAUSDT | 227.17 | 0.0063 | get 0.0063% / 8h | 2h 25m | $15.5M | $18.3M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $10.2
- Price spread: −0.004% → +0.020%
- −$2.41
- Slippage, 4 orders
- −$3.95
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$20.16
- Costs to cover
- 0.279%
- Break-even
- 20.8 days
Slippage from BloFin: live order book, 61 min ago; Bitget: 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 BloFin live order book, 61 min ago | 0.22 bp | 6.2 bp −$6 | 6.5 bp −$65 | 11.4 bp −$1,141 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.44 bp | 7.6 bp −$8 | 10.7 bp −$107 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.10 | −0.035% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.13 | −0.022% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.15 | −0.013% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.11 | −0.031% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.13 | −0.020% | $3.4M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.18 | −0.001% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.85 | −0.145% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.14 | −0.018% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.20 | +0.009% | $202K | $528K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.17 | −0.004% | $2.2M | $41K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDT | +0.0003% | 8h | 227.18 | 0.000% | $156.2M | $220.6M | 50x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.05 | −0.059% | $118K | $54K | 10x | as long as short |
| BloFin NVDA-USDTlong | +0.0014% | 8h | 227.18 | long leg | $714K | $205K | 20x | |
| QFEX NVDA-USD | +0.0030% | 1h | 227.14 | −0.018% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.29 | +0.048% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.06 | −0.051% | $522K | $407K | 10x | as long as short |
| Nado NVDA-PERP | +0.0044% | 1h | 227.08 | −0.044% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.33 | +0.066% | — | $73K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 227.07 | −0.048% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.03 | −0.066% | $147.1M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.11 | −0.031% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.07 | −0.048% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.96 | −0.097% | $1.6M | $2.1M | 15x | as long as short |
| Bitget NVDAUSDTshort | +0.0063% | 8h | 227.17 | −0.004% | $15.5M | $18.3M | 100x | |
| Phoenix NVDA | +0.0070% | 1h | 227.08 | −0.044% | $93K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0072% | 1h | 227.21 | +0.013% | $2.1M | $3.3M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.17 | −0.007% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.06 | −0.054% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.16 | −0.009% | $1.6M | $752K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.11 | −0.031% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.14 | −0.018% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.075% | $1.3M | $911K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.48 | +0.132% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.13 | −0.022% | $395K | $683K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0879% | 4h | 227.19 | +0.004% | $170K | $1.9M | 20x | as long as short |
BloFin NVDA-USDT
Bitget NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Binance NVDAUSDT
Aftermath Perps NVDAUSD
Lighter RH NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Phoenix NVDA
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP
edgeX NVDAUSDC