NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0344%/8h= +37.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.012%

Price spread now: Extended against Coinbase International−0.068%7-day average +0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$36as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.084%−$8 on $10k

Price spread, last 4 days (all we have)+0.133%+$13 · spread now −0.068%, 7d avg +0.014%

Together, before fees+0.049%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.083% cheaper against Coinbase International than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.014%). If the spread goes back, that is −$8 on $10k: about 19 hours of funding at the current rate (+$10 a day). Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.43 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	226.29	0.0112	pay 0.0014% / 1h	33m 59s	$1.3M	$789K	10x
Short	Extended NVDA_24_5-USD	226.13	0.0456	get 0.0057% / 1h	33m 59s	$667K	$762K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.068%Rate

Funding earned: $72.24
Price spread: −0.068% → +0.014%: −$8.3
Slippage, 4 orders: −$12.43
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $36.52
Costs to cover: 0.274%
Break-even: 3.5 days

Slippage from Coinbase International: live order book, 4 min ago; Extended: live order book, 9 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, 4 min ago	1.99 bp	7.5 bp −$7	9.8 bp −$98	doesn't fit	doesn't fit
Sell Extended live order book, 9 min ago	0.22 bp	4.4 bp −$4	43.8 bp −$438	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
Bybit NVDAUSDT	0.0000%	8h	226.27	−0.009%	$12.4M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.26	−0.013%	$14.1M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.25	−0.018%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.31	+0.009%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.40	+0.049%	$22K	$422K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.91	−0.168%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.46	+0.075%	$198K	$452K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.69	+0.177%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0001%	8h	226.35	+0.027%	$482K	$571K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0015%	1h	226.19	−0.044%	$53K	$1.8M	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	+0.0017%	1h	226.19	−0.044%	$117K	$52K	10x	as long as short
Variational Omni NVDA	+0.0018%	8h	226.38	+0.038%	$3.5M	$2.2M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.27	−0.009%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.39	+0.044%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.15	−0.062%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.22	−0.031%	$395K	$281K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.13	−0.071%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.05	−0.106%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.29	0.000%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.13	−0.071%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0088%	8h	226.30	+0.003%	$154.3M	$219.4M	50x	as long as short
Lighter NVDA	+0.0088%	1h	226.27	−0.010%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.16	−0.055%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.32	+0.013%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.25	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.25	−0.018%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.26	−0.015%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.19	−0.044%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0112%	1h	226.29	long leg	$1.3M	$789K	10x
Lighter RH NVDA	+0.0128%	1h	226.39	+0.044%	$5.0M	$6.9M	20x	as long as short
Nado NVDA-PERP	+0.0138%	1h	226.16	−0.056%	$480K	$226K	20x	as long as short
BloFin NVDA-USDT	+0.0208%	8h	226.44	+0.066%	$715K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.01	+0.318%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USDshort	+0.0456%	1h	226.13	−0.068%	$667K	$762K	10x
edgeX NVDAUSDC	+0.0491%	4h	226.35	+0.024%	$170K	$1.9M	20x	as long as short