Funding you earn now, next payment 06:00 UTC−0.0344%/8h= −37.7% APRpaid last 24h −0.022%
Price spread now: Gate against Extended+0.062%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$350.348% of the position
Funding, last 7 days−0.162%−$16 on $10k
+Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.062%, 7d avg +0.032%
=Together, before fees−0.226%+ Points / potential airdropExtended: Active · farm board−$23 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Gate is 0.030% dearer against Extended than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.032%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.162% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.162% in total (about -8.4% a year). A funding rate is set anew for every payment. 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 | 226.34 | 0.0344 | pay 0.0043% / 1h | 21m 51s | $668K | $766K | 10x |
| Short | Gate NVDA_USDT | 226.48 | 0 | get 0.0000% / 8h | 2h 21m | $7.2M | $9.8M | 100x |
Extended NVDA_24_5-USD
Gate NVDA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Extended. 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
- −$72.24
- Price spread: +0.062% → +0.032%
- $2.95
- Slippage, 4 orders
- −$14.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$104.05
- Costs to cover
- 0.348%
- Break-even
- never at this rate
Slippage from Extended: live order book, 26 min ago; Gate: 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 | 0.22 bp | 7.3 bp −$7 | 85.2 bp −$852 | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.66 bp | 11.6 bp −$12 | 22.2 bp −$222 | 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 | 226.56 | +0.098% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.51 | +0.075% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.49 | +0.066% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDTshort | 0.0000% | 8h | 226.48 | +0.062% | $7.2M | $9.8M | 100x | |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.60 | +0.115% | $15.2M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.42 | +0.037% | $22K | $410K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.102% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.093% | $198K | $459K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.53 | +0.084% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0004% | 8h | 226.34 | −0.001% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.34 | −0.002% | $117K | $52K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0040% | 1h | 226.29 | −0.022% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.34 | 0.000% | $398K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.32 | −0.009% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.46 | +0.053% | — | $74K | 25x | as long as short |
| Lighter NVDA | +0.0048% | 1h | 226.38 | +0.018% | $2.1M | $3.4M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.43 | +0.040% | $147.1M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.34 | 0.000% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.28 | −0.027% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.19 | −0.066% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.33 | −0.004% | $53K | $1.8M | 10x | as long as short |
| Nado NVDA-PERP | +0.0078% | 1h | 226.24 | −0.044% | $481K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 226.51 | +0.075% | $154.4M | $218.5M | 50x | as long as short |
| Lighter RH NVDA | +0.0096% | 1h | 226.62 | +0.124% | $5.1M | $7.1M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.26 | −0.034% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.44 | +0.044% | $1.6M | $739K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.066% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.35 | +0.004% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.38 | +0.016% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.27 | −0.031% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.022% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0200% | 8h | 226.44 | +0.044% | $716K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.71 | +0.163% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USDlong | +0.0344% | 1h | 226.34 | long leg | $668K | $766K | 10x | |
| edgeX NVDAUSDC | +0.0908% | 4h | 226.31 | −0.013% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Hotstuff NVDA-PERP
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Deribit NVDA_USDC-PERPETUAL
Nado NVDA-PERP
Binance NVDAUSDT
Lighter RH NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC