Funding you earn now, next payment 09:00 UTC−0.0353%/8h= −38.6% APRpaid last 24h +0.025%
Price spread now: Arcus against GRVT+0.031%54s7-day average −0.085% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$330.329% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.031%, 7d avg −0.085%
=Together, before fees−0.058%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.116% dearer against GRVT than usual: you sell high and buy low (spread +0.031% now, against its 7-day average of −0.085%): +$12 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 26 hours. Mind the row above: over the last 4 days funding on this pair paid +0.086%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.086% in total (about 8.3% 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 | GRVT NVDA_USDT_Perp | 226.35 | 0.0393 | pay 0.0393% / 8h | 7h 56m | $22K | $424K | 10x |
| Short | Arcus NVDA-USD | 226.42 | 0.0040 | get 0.0005% / 1h | 56m 34s | $392K | $737K | 20x |
GRVT NVDA_USDT_Perp
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against GRVT. 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
- −$74.07
- Price spread: +0.031% → −0.085%
- $11.6
- Slippage, 4 orders
- −$19.36
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$95.33
- Costs to cover
- 0.329%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 41 min ago; Arcus: live order book, 42 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 GRVT live order book, 41 min ago | 1.33 bp | 5.8 bp −$6 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 42 min ago | 1.33 bp | 10.6 bp −$11 | 14.7 bp −$147 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.22 | −0.057% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.47 | +0.053% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.46 | +0.049% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | +0.022% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.53 | +0.080% | $15.8M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.13 | −0.097% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.54 | +0.084% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.58 | +0.102% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.16 | −0.083% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 226.42 | +0.031% | $392K | $737K | 20x |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.40 | +0.022% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.35 | 0.000% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.11 | −0.106% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.27 | −0.035% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.17 | −0.080% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.44 | +0.040% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.38 | +0.012% | $482K | $530K | 20x | as long as short |
| Variational Omni NVDA | +0.0099% | 8h | 226.31 | −0.016% | $3.5M | $2.3M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.31 | −0.017% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.14 | −0.093% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.45 | +0.044% | $36K | $21K | 20x | as long as short |
| Nado NVDA-PERP | +0.0110% | 1h | 226.34 | −0.003% | $481K | $223K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0114% | 8h | 226.38 | +0.013% | $1.6M | $868K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 226.43 | +0.034% | $2.1M | $3.2M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.48 | +0.056% | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 226.61 | +0.115% | $5.1M | $6.8M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.31 | −0.018% | $1.3M | $698K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.50 | +0.066% | $155.4M | $220.0M | 50x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.36 | +0.004% | $93K | $83K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.42 | +0.031% | $53K | $1.9M | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.163% | $73K | $135 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0264% | 1h | 226.32 | −0.013% | $644K | $879K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0282% | 8h | 226.47 | +0.053% | $716K | $196K | 20x | as long as short |
| GRVT NVDA_USDT_Perplong | +0.0393% | 8h | 226.35 | long leg | $22K | $424K | 10x | |
| edgeX NVDAUSDC | +0.0761% | 4h | 226.31 | −0.019% | $170K | $1.9M | 20x | as long as short |
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Aster NVDAUSDT
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
Aevo NVDA-PERP
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
BloFin NVDA-USDT
edgeX NVDAUSDC