Funding you earn now, next payment 12:00 UTC−0.0963%/8h= −105.5% APRpaid last 24h −0.077%
Price spread now: OKX against edgeX+0.006%81s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as 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−$280.283% of the position
Funding, last 7 days−0.796%−$80 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.006%, 7d avg +0.038%
=Together, before fees−0.770%+ Points / potential airdropedgeX: Active · farm board−$77 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$29 a day on $10k at the current rate, and OKX is 0.032% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.038%). Swap the legs. The two prices were read 81 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 | 226.23 | 0.0963 | pay 0.0482% / 4h | 3h 38m | $171K | $1.9M | 20x |
| Short | OKX NVDA-USDT-SWAP | 226.24 | 0 | get 0.0000% / 8h | 7h 38m | $14.1M | $20.2M | 50x |
edgeX NVDAUSDC
OKX NVDA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$202.33
- Price spread: +0.006% → +0.038%
- −$3.24
- Slippage, 4 orders
- −$9.34
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$233.91
- Costs to cover
- 0.283%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 1 min ago; OKX: live order book, just now.
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, 1 min ago | 3.54 bp | 8.4 bp −$8 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell OKX live order book, just now | 0.22 bp | 6.1 bp −$6 | 8.0 bp −$80 | 15.5 bp −$1,552 | 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 | 226.22 | −0.003% | $12.5M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAPshort | 0.0000% | 8h | 226.24 | +0.006% | $14.1M | $20.2M | 50x | |
| Gate NVDA_USDT | 0.0000% | 8h | 226.22 | −0.003% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.28 | +0.023% | $15.8M | $16.2M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.33 | +0.045% | $21K | $428K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.95 | −0.123% | $2K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.17 | −0.025% | $53K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.31 | +0.037% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.50 | +0.121% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.06 | −0.075% | $117K | $52K | 10x | as long as short |
Bybit NVDAUSDT
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NVDA | +0.0032% | 1h | 226.20 | −0.011% | $2.1M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 226.36 | +0.059% | $5.1M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.13 | −0.042% | $644K | $872K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.22 | −0.003% | $392K | $736K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.37 | +0.063% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.14 | −0.039% | $146.9M | $43.0M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.19 | −0.016% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.12 | −0.047% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.03 | −0.087% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0058% | 1h | 226.15 | −0.033% | $480K | $222K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.23 | +0.001% | $1.3M | $9.0M | 10x | as long as short |
| Aster NVDAUSDT | +0.0075% | 8h | 226.27 | +0.018% | $481K | $538K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 226.12 | −0.047% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.11 | −0.054% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.11 | −0.052% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.25 | +0.010% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0103% | 8h | 226.23 | 0.000% | $3.2M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0105% | 8h | 226.28 | +0.023% | $1.6M | $935K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.25 | +0.010% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | +0.028% | $1.3M | $687K | 10x | as long as short |
| Binance NVDAUSDT | +0.0160% | 8h | 226.27 | +0.017% | $155.0M | $220.9M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.25 | +0.010% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.97 | +0.328% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0281% | 8h | 226.27 | +0.019% | $710K | $197K | 20x | as long as short |
| edgeX NVDAUSDClong | +0.0963% | 4h | 226.23 | long leg | $171K | $1.9M | 20x |
Lighter NVDA
Lighter RH NVDA
Extended NVDA_24_5-USD
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
QFEX NVDA-USD
Aster NVDAUSDT
Hotstuff NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT