Funding you earn now, next payment 08:00 UTC−0.0073%/8h= −8.0% APRpaid last 24h −0.025%
Price spread now: Phoenix against BloFin−0.132%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.066%−$7 on $10k
+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 −$2 a day on $10k at the current rate, and Phoenix is 0.132% cheaper against BloFin than usual: you would sell low and buy high (−$13 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 | 226.49 | 0.0285 | pay 0.0285% / 8h | 7h 48m | $711K | $197K | 20x |
| Short | Phoenix NVDA | 226.19 | 0.0212 | get 0.0027% / 1h | 48m 05s | $93K | $83K | 20x |
BloFin NVDA-USDT
Phoenix NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$15.27
- Price spread: −0.132% → 0.000%
- −$13.25
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$47.52
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: live order book, 29 min ago; Phoenix: 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, 29 min ago | 0.22 bp | 6.2 bp −$6 | 8.0 bp −$80 | 15.9 bp −$1,590 | doesn't fit |
| Sell Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0112% | 1h | 226.22 | −0.119% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.40 | −0.040% | $12.5M | $14.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.40 | −0.040% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.36 | −0.057% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.47 | −0.009% | $15.8M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.05 | −0.194% | $2K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.32 | −0.075% | $53K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.58 | +0.040% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.59 | +0.044% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.20 | −0.130% | $117K | $51K | 10x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX NVDAUSDC | +0.0020% | 4h | 226.30 | −0.085% | $171K | $1.9M | 20x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.37 | −0.054% | $2.1M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0040% | 1h | 226.54 | +0.022% | $5.1M | $6.9M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.37 | −0.053% | $392K | $737K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.55 | +0.026% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.30 | −0.084% | $147.0M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.27 | −0.097% | $391K | $245K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.27 | −0.097% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.20 | −0.128% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0056% | 1h | 226.34 | −0.066% | $481K | $223K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.41 | −0.035% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0081% | 8h | 226.40 | −0.040% | $482K | $538K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0081% | 8h | 226.35 | −0.063% | $21K | $426K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.34 | −0.067% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | −0.124% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | −0.044% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0104% | 8h | 226.46 | −0.014% | $3.3M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0111% | 8h | 226.38 | −0.049% | $1.6M | $894K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0120% | 1h | 226.26 | −0.101% | $644K | $879K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.41 | −0.036% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | −0.088% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.43 | −0.026% | $155.1M | $220.8M | 50x | as long as short |
| Phoenix NVDAshort | +0.0212% | 1h | 226.19 | −0.132% | $93K | $83K | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.102% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDTlong | +0.0285% | 8h | 226.49 | long leg | $711K | $197K | 20x |
edgeX NVDAUSDC
Lighter NVDA
Lighter RH NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
QFEX NVDA-USD
Aster NVDAUSDT
GRVT NVDA_USDT_Perp
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
KuCoin NVDAUSDTM
Extended NVDA_24_5-USD
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Injective NVDA/USDC PERP