Funding you earn now, next payment 08:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.64 per $10,000 · paid last 24h +0.033%
Price spread now: Binance against GRVT+0.049%59s7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$6as 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−$230.232% of the position
Funding, last 7 days+0.169%+$17 on $10k
+Price spread, last 2 days (all we have)+0.010%+$1 · spread now +0.049%, 7d avg +0.032%
=Together, before fees+0.179%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 59 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 | GRVT NVDA_USDT_Perp | 227.82 | 0.0019 | pay 0.0019% / 8h | 6h 24m | $20K | $386K | 10x |
| Short | Binance NVDAUSDT | 227.93 | 0.0083 | get 0.0083% / 8h | 6h 24m | $156.4M | $216.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $13.48
- Price spread: +0.049% → +0.032%
- $1.71
- Slippage, 4 orders
- −$4.21
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$8.02
- Costs to cover
- 0.232%
- Break-even
- 11.2 days
Slippage from GRVT: live order book, 43 min ago; Binance: live order book, 4 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, 43 min ago | 1.75 bp | 6.3 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.22 bp | 5.5 bp −$5 | 6.5 bp −$65 | 21.0 bp −$2,097 | doesn't fit |
NVDA on 34 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 | 227.80 | −0.010% | $484K | $581K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.92 | +0.044% | $12.7M | $15.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.93 | +0.048% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.83 | +0.004% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.91 | +0.040% | $15.4M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.38 | −0.193% | $2K | $3.8M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.96 | +0.061% | $198K | $496K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.93 | +0.048% | $2.2M | $43K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0008% | 1h | 227.77 | −0.022% | $35K | — | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0010% | 1h | 227.64 | −0.080% | $118K | $54K | 10x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0018% | 8h | 227.89 | +0.030% | $3.5M | $2.0M | — | as long as short |
| GRVT NVDA_USDT_Perplong | +0.0019% | 8h | 227.82 | long leg | $20K | $386K | 10x | |
| Arcus NVDA-USD | +0.0040% | 1h | 227.69 | −0.057% | $400K | $723K | 20x | as long as short |
| QFEX NVDA-USD | +0.0045% | 1h | 227.89 | +0.031% | $1.4M | $10.0M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.95 | +0.057% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.74 | −0.035% | $148.2M | $44.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.81 | −0.004% | $402K | $280K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.73 | −0.039% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.56 | −0.114% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.158% | $1.3M | $786K | 10x | as long as short |
| Nado NVDA-PERP | +0.0080% | 1h | 227.78 | −0.017% | $484K | $230K | 20x | as long as short |
| Binance NVDAUSDTshort | +0.0083% | 8h | 227.93 | +0.049% | $156.4M | $216.0M | 50x | |
| Pacifica NVDA | +0.0100% | 1h | 227.74 | −0.037% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.65 | −0.075% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.84 | +0.009% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.84 | +0.009% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.77 | −0.022% | $94K | $112K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0112% | 1h | 227.66 | −0.068% | $689K | $714K | 10x | as long as short |
| Lighter NVDA | +0.0128% | 1h | 227.91 | +0.041% | $2.2M | $3.2M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0130% | 8h | 227.86 | +0.018% | $1.6M | $738K | 20x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 228.03 | +0.092% | $5.1M | $7.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0189% | 1h | 227.78 | −0.018% | $49K | $1.5M | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.97 | +0.066% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0318% | 4h | 227.81 | −0.004% | $170K | $1.9M | 20x | as long as short |
GRVT NVDA_USDT_Perp
Binance NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
Extended NVDA_24_5-USD
Lighter NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
edgeX NVDAUSDC