NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h +0.028%

Price spread now: Coinbase International against Extended−0.013%7-day average −0.015% · you buy dearer than you sell

Net, funding: paid 7d − costs−$17as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on Extended Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.013%, 7d avg −0.015%

Together, before fees−0.083%+ Points / potential airdropExtended: Active · farm board−$8 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.099% in total (about 5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.28 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NVDA_24_5-USD	227.49	0.0296	pay 0.0037% / 1h	36m 36s	$689K	$714K	10x
Short	Coinbase International NVDA-PERP-INTX	227.46	0.0072	get 0.0009% / 1h	36m 36s	$1.3M	$776K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Extended. 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 ExtendedbpFee Coinbase InternationalbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$47.04
Price spread: −0.013% → −0.015%: $0.16
Slippage, 4 orders: −$11.66
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$73.54
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from Extended: live order book, 26 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 Extended live order book, 26 min ago	0.44 bp	6.1 bp −$6	53.8 bp −$538	doesn't fit	doesn't fit
Sell Coinbase International live order book, 2 min ago	2.42 bp	8.3 bp −$8	10.5 bp −$105	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	227.73	+0.105%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.74	+0.110%	$14.4M	$20.2M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.59	+0.044%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.69	+0.088%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.78	+0.127%	$15.5M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.72	+0.101%	$20K	$384K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.29	−0.088%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.76	+0.119%	$198K	$479K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.77	+0.123%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0007%	8h	227.76	+0.117%	$484K	$590K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.53	+0.019%	$118K	$54K	10x	as long as short
Variational Omni NVDA	+0.0027%	8h	227.69	+0.088%	$3.5M	$2.0M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	+0.101%	$406K	$710K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.72	+0.101%	$1.4M	$9.6M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.80	+0.136%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.58	+0.040%	$148.1M	$44.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.68	+0.084%	$402K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.59	+0.044%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.54	+0.022%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0072%	1h	227.46	−0.013%	$1.3M	$776K	10x
Binance NVDAUSDT	+0.0091%	8h	227.76	+0.118%	$156.3M	$215.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.54	+0.022%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.56	+0.031%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.71	+0.097%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.74	+0.109%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.63	+0.062%	$94K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0116%	1h	227.57	+0.034%	$484K	$228K	20x	as long as short
KuCoin NVDAUSDTM	+0.0132%	8h	227.74	+0.110%	$1.6M	$723K	20x	as long as short
Lighter NVDA	+0.0168%	1h	227.71	+0.096%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0208%	1h	227.84	+0.154%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0210%	8h	227.78	+0.127%	$722K	$202K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.99	+0.220%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USDlong	+0.0296%	1h	227.49	long leg	$689K	$714K	10x
Deribit NVDA_USDC-PERPETUAL	+0.0321%	1h	227.68	+0.084%	$49K	$1.6M	10x	as long as short
edgeX NVDAUSDC	+0.0993%	4h	227.68	+0.085%	$170K	$1.9M	20x	as long as short