NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0307%/8h= +33.7% APRnext payment +$0.38 per $10,000 · paid last 24h −0.022%

Price spread now: Arcus against Coinbase International+0.053%7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Coinbase International Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.011%+$1 on $10k

Price spread, last 3 days (all we have)+0.019%+$2 · spread now +0.053%, 7d avg −0.035%

Together, before fees+0.030%+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Arcus is 0.088% dearer against Coinbase International than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.035%.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.38 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NVDA-PERP-INTX	227.01	0.0112	pay 0.0014% / 1h	25m 07s	$1.3M	$911K	10x
Short	Arcus NVDA-USD	227.13	0.0419	get 0.0052% / 1h	25m 07s	$395K	$683K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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 Coinbase InternationalbpFee ArcusbpOrdersPrice spread, now +0.053%Rate

Funding earned: $64.55
Price spread: +0.053% → −0.035%: $8.79
Slippage, 4 orders: −$12.6
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $46.24
Costs to cover: 0.271%
Break-even: 2.0 days

Slippage from Coinbase International: live order book, 3 min ago; Arcus: live order book, 63 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 Coinbase International live order book, 3 min ago	1.98 bp	8.4 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Arcus live order book, 63 min ago	1.10 bp	4.2 bp −$4	7.6 bp −$76	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	227.08	+0.029%	$473K	$550K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.11	+0.044%	$12.7M	$15.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.15	+0.062%	$14.4M	$21.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.11	+0.044%	$7.2M	$9.4M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.19	+0.078%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.18	+0.074%	$21K	$468K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.82	−0.084%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.11	+0.044%	$49K	$1.5M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.20	+0.084%	$202K	$528K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.17	+0.070%	$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	227.16	+0.065%	$156.2M	$220.6M	50x	as long as short
BloFin NVDA-USDT	+0.0011%	8h	227.19	+0.079%	$713K	$205K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.06	+0.023%	$118K	$54K	10x	as long as short
QFEX NVDA-USD	+0.0030%	1h	227.14	+0.057%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.29	+0.123%	$4.8M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.04	+0.014%	$522K	$407K	10x	as long as short
Nado NVDA-PERP	+0.0044%	1h	227.07	+0.028%	$487K	$223K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.30	+0.128%	—	$73K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.07	+0.026%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.02	+0.004%	$147.1M	$50.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.13	+0.053%	$390K	$235K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.03	+0.009%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.96	−0.022%	$1.6M	$2.1M	15x	as long as short
Bitget NVDAUSDT	+0.0063%	8h	227.17	+0.070%	$15.5M	$18.3M	100x	as long as short
Phoenix NVDA	+0.0070%	1h	227.09	+0.035%	$93K	$112K	20x	as long as short
Lighter NVDA	+0.0072%	1h	227.20	+0.084%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.14	+0.059%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.06	+0.020%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.16	+0.066%	$1.6M	$752K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.11	+0.044%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.12	+0.048%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0112%	1h	227.01	long leg	$1.3M	$911K	10x
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.207%	$73K	$136	30x	as long as short
Arcus NVDA-USDshort	+0.0419%	1h	227.13	+0.053%	$395K	$683K	20x
edgeX NVDAUSDC	+0.0879%	4h	227.19	+0.079%	$170K	$1.9M	20x	as long as short