NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0154%/8h= −16.9% APRnext payment −$1.54 per $10,000 · paid last 24h −0.032%

Price spread now: Bybit against BloFin−0.009%62s7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$52as 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−$270.268% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.251%−$25 on $10k

Price spread, last 3 days (all we have)+0.055%+$5 · spread now −0.009%, 7d avg −0.012%

Together, before fees−0.197%−$20 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 62 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	227.48	0.0154	pay 0.0154% / 8h	48m 14s	$672K	$204K	20x
Short	Bybit NVDAUSDT	227.46	0	get 0.0000% / 8h	48m 14s	$12.7M	$15.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BybitbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$32.36
Price spread: −0.009% → −0.012%: $0.27
Slippage, 4 orders: −$3.78
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$58.87
Costs to cover: 0.268%
Break-even: never at this rate

Slippage from BloFin: live order book, 28 min ago; Bybit: live order book, just now.

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, 28 min ago	0.22 bp	6.2 bp −$6	7.7 bp −$77	14.3 bp −$1,433	doesn't fit
Sell Bybit live order book, just now	0.22 bp	6.8 bp −$7	10.9 bp −$109	46.3 bp −$4,631	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	227.42	−0.026%	$482K	$587K	20x	as long as short
Bybit NVDAUSDTshort	0.0000%	8h	227.46	−0.009%	$12.7M	$15.4M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.43	−0.022%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.37	−0.048%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.46	−0.010%	$3.5M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.48	0.000%	$20K	$427K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.92	−0.246%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	0.000%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.55	+0.031%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0029%	1h	227.46	−0.007%	$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
Hotstuff NVDA-PERP	+0.0032%	1h	227.29	−0.084%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.47	−0.004%	$156.3M	$220.1M	50x	as long as short
Bitget NVDAUSDT	+0.0041%	8h	227.45	−0.013%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.48	0.000%	—	$74K	25x	as long as short
Extended NVDA_24_5-USD	+0.0048%	1h	227.24	−0.106%	$536K	$446K	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	−0.075%	$147.3M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.34	−0.062%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.30	−0.079%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.097%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.45	−0.013%	$1.6M	$11.4M	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.45	−0.012%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.207%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.27	−0.092%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.009%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.31	−0.075%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.41	−0.031%	$36K	$22K	20x	as long as short
Nado NVDA-PERP	+0.0102%	1h	227.28	−0.088%	$483K	$228K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	−0.062%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.31	−0.075%	$399K	$724K	20x	as long as short
BloFin NVDA-USDTlong	+0.0154%	8h	227.48	long leg	$672K	$204K	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.110%	$73K	$135	30x	as long as short
Lighter NVDA	+0.0248%	1h	227.48	−0.001%	$2.1M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0248%	1h	227.59	+0.048%	$5.1M	$7.2M	20x	as long as short
edgeX NVDAUSDC	+0.0313%	4h	227.46	−0.010%	$170K	$1.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0366%	1h	227.40	−0.035%	$49K	$1.4M	10x	as long as short