Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.36 per $10,000 · paid last 24h +0.024%
Price spread now: Binance against Bybit+0.010%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.236% of the position
Funding, last 7 days+0.132%+$13 on $10k
+Price spread, last 2 days (all we have)+0.039%+$4 · spread now +0.010%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVDAUSDT | 227.45 | 0 | get 0.0000% / 8h | 1m 19s | $12.7M | $15.4M | 100x |
| Short | Binance NVDAUSDT | 227.47 | 0.0036 | get 0.0036% / 8h | 1m 19s | $156.3M | $219.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $7.53
- Price spread: +0.010% → +0.014%
- −$0.37
- Slippage, 4 orders
- −$2.58
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$16.43
- Costs to cover
- 0.236%
- Break-even
- 22.3 days
Slippage from Bybit: live order book, 7 min ago; Binance: live order book, 12 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 Bybit live order book, 7 min ago | 0.22 bp | 6.6 bp −$7 | 9.8 bp −$98 | 45.4 bp −$4,545 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.22 bp | 5.2 bp −$5 | 6.6 bp −$66 | 22.0 bp −$2,204 | 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 | 227.49 | +0.017% | $482K | $586K | 20x | as long as short |
| Bybit NVDAUSDTlong | 0.0000% | 8h | 227.45 | long leg | $12.7M | $15.4M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.45 | 0.000% | $14.4M | $21.0M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.40 | −0.022% | $7.2M | $9.7M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.45 | +0.002% | $3.6M | $1.9M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.55 | +0.042% | $20K | $405K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.02 | −0.189% | $2K | $3.9M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.53 | +0.035% | $197K | $524K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.52 | +0.031% | $2.2M | $42K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.40 | −0.022% | $49K | $1.4M | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 227.35 | −0.042% | $118K | $56K | 10x | as long as short |
| Bitget NVDAUSDT | +0.0020% | 8h | 227.45 | 0.000% | $15.5M | $17.4M | 100x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.33 | −0.053% | $535K | $447K | 10x | as long as short |
| Binance NVDAUSDTshort | +0.0036% | 8h | 227.47 | +0.010% | $156.3M | $219.3M | 50x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.53 | +0.035% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.33 | −0.053% | $147.8M | $48.8M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.42 | −0.013% | $401K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.34 | −0.048% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.21 | −0.106% | $1.6M | $2.1M | 15x | as long as short |
| Nado NVDA-PERP | +0.0058% | 1h | 227.36 | −0.040% | $484K | $229K | 20x | as long as short |
| QFEX NVDA-USD | +0.0060% | 1h | 227.42 | −0.013% | $1.6M | $11.5M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.44 | −0.004% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.193% | $1.3M | $839K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.31 | −0.061% | $298K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.37 | −0.035% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.42 | −0.013% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.38 | −0.031% | $93K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0112% | 8h | 227.53 | +0.035% | $1.6M | $742K | 20x | as long as short |
| Arcus NVDA-USD | +0.0127% | 1h | 227.28 | −0.075% | $399K | $724K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0128% | 1h | 227.30 | −0.066% | $35K | — | 20x | as long as short |
| BloFin NVDA-USDT | +0.0143% | 8h | 227.49 | +0.018% | $714K | $205K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.48 | +0.015% | $2.2M | $3.3M | 20x | as long as short |
| Lighter RH NVDA | +0.0168% | 1h | 227.61 | +0.070% | $5.1M | $7.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.67 | +0.097% | $73K | $140 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0312% | 4h | 227.49 | +0.017% | $171K | $1.9M | 20x | as long as short |
Bybit NVDAUSDT
Binance NVDAUSDT
Aster NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Aftermath Perps NVDAUSD
Bitget NVDAUSDT
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
BloFin NVDA-USDT
Lighter NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
edgeX NVDAUSDC