Funding you earn now, next payment 08:00 UTC+0.0200%/8h= +21.9% APRnext payment +$2.00 per $10,000 · paid last 24h +0.050%
Price spread now: BloFin against GRVT+0.064%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs+$2as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 7 days+0.286%+$29 on $10k
+Price spread, last 4 days (all we have)−0.125%−$12 · spread now +0.064%, 7d avg +0.009%
=Together, before fees+0.161%+ Points / potential airdropGRVT: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.056% dearer against GRVT than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVDA_USDT_Perp | 226.59 | 0 | get 0.0000% / 8h | 2h 12m | $21K | $417K | 10x |
| Short | BloFin NVDA-USDT | 226.74 | 0.0200 | get 0.0200% / 8h | 2h 12m | $713K | $193K | 20x |
GRVT NVDA_USDT_Perp
BloFin NVDA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $42.07
- Price spread: +0.064% → +0.009%
- $5.57
- Slippage, 4 orders
- −$5.29
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $21.35
- Costs to cover
- 0.263%
- Break-even
- 3.4 days
Slippage from GRVT: live order book, 35 min ago; BloFin: live order book, 14 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, 35 min ago | 1.10 bp | 5.6 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 14 min ago | 0.44 bp | 7.3 bp −$7 | 8.6 bp −$86 | 17.2 bp −$1,718 | 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 | −0.0016% | 1h | 226.52 | −0.033% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.64 | +0.018% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.79 | +0.086% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.78 | +0.082% | $14.3M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.76 | +0.073% | $7.3M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.80 | +0.091% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perplong | 0.0000% | 8h | 226.59 | long leg | $21K | $417K | 10x | |
| SunX NVDA-USDT | 0.0000% | 8h | 226.44 | −0.068% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.47 | −0.055% | $198K | $458K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.74 | +0.064% | $2.2M | $42K | 10x | as long as short |
Hotstuff NVDA-PERP
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0006% | 8h | 226.54 | −0.025% | $3.6M | $2.1M | — | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.40 | −0.084% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.61 | +0.007% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.75 | +0.069% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.83 | +0.104% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.65 | +0.025% | $147.2M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.70 | +0.047% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.56 | −0.015% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.38 | −0.094% | $1.6M | $2.0M | 15x | as long as short |
| Lighter NVDA | +0.0064% | 1h | 226.78 | +0.080% | $2.1M | $3.4M | 20x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 226.81 | +0.095% | $154.6M | $218.8M | 50x | as long as short |
| Nado NVDA-PERP | +0.0082% | 1h | 226.65 | +0.026% | $482K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.60 | +0.003% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.65 | +0.025% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.42 | −0.077% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.67 | +0.033% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.64 | +0.020% | $53K | $1.8M | 10x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.90 | +0.135% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.70 | +0.046% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.58 | −0.006% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.134% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDTshort | +0.0200% | 8h | 226.74 | +0.064% | $713K | $193K | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.88 | +0.126% | $73K | $139 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.62 | +0.011% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0830% | 4h | 226.55 | −0.020% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Aftermath Perps NVDAUSD
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter NVDA
Binance NVDAUSDT
Nado NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC