Funding you earn now, next payment 21:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.051%
Price spread now: Hotstuff against Coinbase International+0.026%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. Hotstuff is 0.026% dearer against Coinbase International than usual: you sell high and buy low (spread +0.026% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 22 hours.
| 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 | 29m 53s | $1.3M | $911K | 10x |
| Short | Hotstuff NVDA-PERP | 227.07 | 0.0016 | get 0.0002% / 1h | 29m 53s | $35K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$20.16
- Price spread: +0.026% → 0.000%
- $2.64
- Slippage, 4 orders
- no order book: not counted
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$32.52
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Coinbase International: live order book, 4 min ago; Hotstuff: 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 Coinbase International live order book, 4 min ago | 2.20 bp | 7.2 bp −$7 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 | 227.10 | +0.038% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.16 | +0.066% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.19 | +0.079% | $14.3M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.14 | +0.057% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.13 | +0.055% | $3.4M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.08 | +0.032% | $21K | $470K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.79 | −0.097% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.13 | +0.053% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.20 | +0.084% | $202K | $529K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.18 | +0.075% | $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 | +0.0005% | 8h | 227.17 | +0.071% | $156.2M | $220.4M | 50x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.00 | −0.004% | $118K | $54K | 10x | as long as short |
| Hotstuff NVDA-PERPshort | +0.0016% | 1h | 227.07 | +0.026% | $35K | — | 20x | |
| BloFin NVDA-USDT | +0.0018% | 8h | 227.11 | +0.044% | $714K | $205K | 20x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.13 | +0.053% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.32 | +0.137% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.00 | −0.004% | $523K | $406K | 10x | as long as short |
| Nado NVDA-PERP | +0.0044% | 1h | 227.02 | +0.005% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.31 | +0.132% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.09 | +0.035% | $147.1M | $50.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.12 | +0.048% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.04 | +0.013% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.92 | −0.040% | $1.6M | $2.1M | 15x | as long as short |
| edgeX NVDAUSDC | +0.0059% | 4h | 227.11 | +0.043% | $170K | $1.9M | 20x | as long as short |
| Bitget NVDAUSDT | +0.0069% | 8h | 227.23 | +0.097% | $15.5M | $18.3M | 100x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.08 | +0.031% | $93K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 227.22 | +0.095% | $2.1M | $3.3M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.16 | +0.068% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.05 | +0.019% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.12 | +0.048% | $1.6M | $751K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.96 | −0.022% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.14 | +0.057% | $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 | 227.30 | +0.128% | $73K | $135 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.15 | +0.062% | $395K | $683K | 20x | as long as short |
Coinbase International NVDA-PERP-INTX
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Binance NVDAUSDT
Aftermath Perps NVDAUSD
BloFin NVDA-USDT
Lighter RH NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
edgeX NVDAUSDC
Bitget NVDAUSDT
Phoenix NVDA
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Injective NVDA/USDC PERP