Funding you earn now, next payment 08:00 UTC−0.0098%/8h= −10.7% APRnext payment −$0.98 per $10,000 · paid last 24h −0.023%
Price spread now: Orderly against BloFin−0.022%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.022% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NVDA-USDT | 226.65 | 0.0198 | pay 0.0198% / 8h | 2h 35m | $718K | $191K | 20x |
| Short | Orderly PERP_NVDA_USDC | 226.60 | 0.0100 | get 0.0100% / 8h | 2h 35m | $36K | $21K | 20x |
BloFin NVDA-USDT
Orderly PERP_NVDA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$20.61
- Price spread: −0.022% → 0.000%
- −$2.21
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$40.81
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 56 min ago; Orderly: no order-book sample. Net counts fees only.
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, 56 min ago | 0.22 bp | 6.2 bp −$6 | 7.0 bp −$70 | 11.2 bp −$1,123 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 226.66 | +0.004% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.61 | −0.018% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.63 | −0.009% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.62 | −0.013% | $7.3M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.67 | +0.009% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.70 | +0.022% | $21K | $410K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.34 | −0.137% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.52 | −0.057% | $198K | $461K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.81 | +0.071% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0003% | 8h | 226.65 | 0.000% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0009% | 1h | 226.47 | −0.077% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.61 | −0.016% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.56 | −0.040% | $397K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.64 | −0.004% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.74 | +0.040% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.49 | −0.071% | $147.1M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.58 | −0.031% | $399K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.50 | −0.066% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.33 | −0.141% | $1.6M | $2.0M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.49 | −0.071% | $35K | — | 20x | as long as short |
| Nado NVDA-PERP | +0.0068% | 1h | 226.55 | −0.045% | $482K | $226K | 20x | as long as short |
| Binance NVDAUSDT | +0.0078% | 8h | 226.65 | −0.002% | $154.9M | $217.9M | 50x | as long as short |
| Lighter RH NVDA | +0.0096% | 1h | 226.77 | +0.053% | $5.1M | $7.1M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.53 | −0.051% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.68 | +0.013% | $1.6M | $734K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.54 | −0.049% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.0100% | 8h | 226.60 | −0.022% | $36K | $21K | 20x | |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.63 | −0.009% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.41 | −0.106% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.38 | −0.119% | $1.3M | $781K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0147% | 1h | 226.54 | −0.049% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDTlong | +0.0198% | 8h | 226.65 | long leg | $718K | $191K | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.11 | +0.203% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0244% | 4h | 226.62 | −0.013% | $170K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0296% | 1h | 226.46 | −0.084% | $668K | $767K | 10x | as long as short |
Aftermath Perps NVDAUSD
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Nado NVDA-PERP
Binance NVDAUSDT
Lighter RH NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
edgeX NVDAUSDC
Extended NVDA_24_5-USD