NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.013%

Price spread now: Coinbase International against Deribit−0.035%7-day average −0.027% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$320.319% of the position

Long on Deribit Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.063%−$6 on $10k

Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.035%, 7d avg −0.027%

Together, before fees−0.041%−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.063%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	227.09	0	get 0.0000% / 1h	21m 11s	$49K	$1.5M	10x
Short	Coinbase International NVDA-PERP-INTX	227.01	0.0112	get 0.0014% / 1h	21m 11s	$1.3M	$911K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Deribit. 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 DeribitbpFee Coinbase InternationalbpOrdersPrice spread, now −0.035%Rate

Funding earned: $23.52
Price spread: −0.035% → −0.027%: −$0.8
Slippage, 4 orders: −$14.88
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$9.16
Costs to cover: 0.319%
Break-even: 9.7 days

Slippage from Deribit: live order book, 3 min ago; Coinbase International: live order book, 2 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 Deribit live order book, 3 min ago	3.30 bp	7.2 bp −$7	9.1 bp −$91	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	2.42 bp	9.3 bp −$9	11.0 bp −$110	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	−0.004%	$473K	$550K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.15	+0.026%	$12.7M	$15.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.14	+0.022%	$14.4M	$21.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.11	+0.009%	$7.2M	$9.4M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.19	+0.043%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.18	+0.038%	$21K	$468K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.84	−0.110%	$3K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.0000%	1h	227.09	long leg	$49K	$1.5M	10x
HTX NVDA-USDT	0.0000%	8h	227.22	+0.057%	$202K	$528K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.20	+0.048%	$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	+0.0001%	8h	227.16	+0.032%	$156.2M	$220.7M	50x	as long as short
BloFin NVDA-USDT	+0.0003%	8h	227.17	+0.035%	$712K	$205K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.08	−0.004%	$118K	$54K	10x	as long as short
Hotstuff NVDA-PERP	+0.0024%	1h	227.01	−0.035%	$35K	—	20x	as long as short
QFEX NVDA-USD	+0.0030%	1h	227.14	+0.022%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDA	+0.0032%	1h	227.29	+0.088%	$4.9M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.06	−0.012%	$522K	$409K	10x	as long as short
Nado NVDA-PERP	+0.0044%	1h	227.07	−0.008%	$487K	$223K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.24	+0.066%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.02	−0.031%	$147.1M	$50.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.15	+0.026%	$390K	$235K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.02	−0.031%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.01	−0.035%	$1.6M	$2.1M	15x	as long as short
Bitget NVDAUSDT	+0.0059%	8h	227.18	+0.040%	$15.5M	$18.3M	100x	as long as short
Phoenix NVDA	+0.0070%	1h	227.11	+0.009%	$93K	$112K	20x	as long as short
Lighter NVDA	+0.0080%	1h	227.20	+0.049%	$2.1M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.16	+0.031%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.05	−0.016%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.17	+0.035%	$1.6M	$752K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.07	−0.009%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.14	+0.022%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0112%	1h	227.01	−0.035%	$1.3M	$911K	10x
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.172%	$73K	$136	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.14	+0.022%	$395K	$683K	20x	as long as short
edgeX NVDAUSDC	+0.0789%	4h	227.16	+0.032%	$170K	$1.9M	20x	as long as short