Funding you earn now, next payment 04:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.009%
Price spread now: Pacifica against Coinbase International+0.003%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.342% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now +0.003%, 7d avg +0.011%
=Together, before fees+0.044%+ Points / potential airdropPacifica: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, 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 | Coinbase International NVDA-PERP-INTX | 226.66 | 0.0128 | pay 0.0016% / 1h | 8m 04s | $1.3M | $781K | 10x |
| Short | Pacifica NVDA | 226.67 | 0.0100 | get 0.0013% / 1h | 8m 04s | $297K | $50K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- −$5.88
- Price spread: +0.003% → +0.011%
- −$0.81
- Slippage, 4 orders
- −$16.2
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$40.88
- Costs to cover
- 0.342%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, just now; Pacifica: live order book, 45 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, just now | 1.76 bp | 6.8 bp −$7 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 45 min ago | 1.98 bp | 8.5 bp −$8 | doesn't fit | 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 | 226.74 | +0.035% | $12.5M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.77 | +0.049% | $14.3M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.73 | +0.031% | $7.3M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.82 | +0.071% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.91 | +0.110% | $21K | $403K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.40 | −0.115% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.87 | +0.093% | $198K | $465K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.94 | +0.124% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0001% | 8h | 226.77 | +0.049% | $483K | $571K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.72 | +0.027% | $117K | $52K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0022% | 8h | 226.80 | +0.063% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.77 | +0.049% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.76 | +0.044% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 226.76 | +0.044% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.86 | +0.088% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.63 | −0.013% | $147.3M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.73 | +0.031% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.64 | −0.009% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.56 | −0.044% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0060% | 1h | 226.63 | −0.014% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0087% | 8h | 226.79 | +0.057% | $155.2M | $216.7M | 50x | as long as short |
| Pacifica NVDAshort | +0.0100% | 1h | 226.67 | +0.003% | $297K | $50K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.78 | +0.053% | $1.6M | $731K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.74 | +0.035% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.75 | +0.040% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.73 | +0.031% | $49K | $1.7M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.77 | +0.050% | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 226.94 | +0.124% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTXlong | +0.0128% | 1h | 226.66 | long leg | $1.3M | $781K | 10x | |
| Phoenix NVDA | +0.0141% | 1h | 226.72 | +0.026% | $93K | $112K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0176% | 1h | 226.67 | +0.004% | $35K | — | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0208% | 1h | 226.63 | −0.011% | $670K | $765K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0209% | 8h | 226.84 | +0.079% | $718K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.32 | +0.291% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0271% | 4h | 226.93 | +0.120% | $170K | $1.9M | 20x | as long as short |
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Binance NVDAUSDT
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Phoenix NVDA
Extended NVDA_24_5-USD
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC