Funding you earn now, next payment 08:00 UTC−0.0202%/8h= −22.1% APRpaid last 24h −0.113%
Price spread now: Bybit against edgeX−0.040%61s7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$119as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.299% of the position
Funding, last 7 days−0.894%−$89 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.040%, 7d avg +0.031%
=Together, before fees−0.836%+ Points / potential airdropedgeX: Active · farm board−$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Bybit is 0.071% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of +0.031%). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NVDAUSDC | 226.42 | 0.0202 | pay 0.0101% / 4h | 3h 58m | $170K | $1.9M | 20x |
| Short | Bybit NVDAUSDT | 226.33 | 0 | get 0.0000% / 8h | 7h 58m | $12.5M | $14.4M | 100x |
edgeX NVDAUSDC
Bybit NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- −$42.43
- Price spread: −0.040% → +0.031%
- −$7.08
- Slippage, 4 orders
- −$9.92
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.42
- Costs to cover
- 0.299%
- Break-even
- never at this rate
Slippage from edgeX: live order book, just now; Bybit: live order book, 5 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 edgeX live order book, just now | 3.54 bp | 8.3 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.22 bp | 6.5 bp −$6 | 8.3 bp −$83 | 84.9 bp −$8,493 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.22 | −0.089% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDTshort | 0.0000% | 8h | 226.33 | −0.040% | $12.5M | $14.4M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.32 | −0.045% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.18 | −0.106% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.43 | +0.004% | $15.8M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.85 | −0.252% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.21 | −0.093% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.58 | +0.070% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 226.14 | −0.122% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.23 | −0.084% | $392K | $737K | 20x | as long as short |
Hotstuff NVDA-PERP
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.39 | −0.014% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.23 | −0.084% | $147.0M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.24 | −0.080% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.15 | −0.120% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.11 | −0.137% | $1.6M | $1.9M | 15x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0058% | 8h | 226.32 | −0.045% | $22K | $423K | 10x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.37 | −0.023% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0076% | 8h | 226.27 | −0.067% | $481K | $530K | 20x | as long as short |
| Variational Omni NVDA | +0.0099% | 8h | 226.31 | −0.047% | $3.5M | $2.3M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.20 | −0.098% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.17 | −0.111% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | −0.014% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0113% | 8h | 226.37 | −0.023% | $1.6M | $858K | 20x | as long as short |
| Nado NVDA-PERP | +0.0117% | 1h | 226.19 | −0.103% | $480K | $223K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.41 | −0.004% | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 226.47 | +0.022% | $5.1M | $6.8M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.23 | −0.084% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0161% | 8h | 226.37 | −0.023% | $155.3M | $219.9M | 50x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 226.30 | −0.053% | $2.1M | $3.2M | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.36 | −0.027% | $93K | $83K | 20x | as long as short |
| edgeX NVDAUSDClong | +0.0202% | 4h | 226.42 | long leg | $170K | $1.9M | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.132% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0280% | 8h | 226.42 | 0.000% | $711K | $196K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0296% | 1h | 226.19 | −0.104% | $646K | $878K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0856% | 1h | 226.30 | −0.053% | $53K | $1.9M | 10x | as long as short |
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
GRVT NVDA_USDT_Perp
QFEX NVDA-USD
Aster NVDAUSDT
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
KuCoin NVDAUSDTM
Nado NVDA-PERP
Aevo NVDA-PERP
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Lighter NVDA
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL