NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0002%/8h= −0.2% APRnext payment −$0.02 per $10,000 · paid last 24h −0.001%

Price spread now: Bybit against GRVT+0.026%80s7-day average −0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$23as 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−$250.254% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days+0.027%+$3 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.026%, 7d avg −0.004%

Together, before fees−0.022%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.031% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of −0.004%. The two prices were read 80 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	227.59	0.0002	pay 0.0002% / 8h	3h 58m	$20K	$390K	10x
Short	Bybit NVDAUSDT	227.65	0	get 0.0000% / 8h	3h 58m	$12.7M	$14.8M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against GRVT. 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 GRVTbpFee BybitbpOrdersPrice spread, now +0.026%Rate

Funding earned: −$0.42
Price spread: +0.026% → −0.004%: $3.07
Slippage, 4 orders: −$5.41
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$22.76
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from GRVT: live order book, 59 min ago; Bybit: live order book, 5 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, 59 min ago	1.54 bp	6.0 bp −$6	10.0 bp −$100	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	0.22 bp	6.1 bp −$6	8.4 bp −$84	64.0 bp −$6,398	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 NVDAUSDTshort	0.0000%	8h	227.65	+0.026%	$12.7M	$14.8M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.66	+0.031%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.61	+0.009%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.67	+0.035%	$15.5M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.27	−0.141%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.71	+0.053%	$198K	$467K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.66	+0.031%	$2.2M	$43K	10x	as long as short
GRVT NVDA_USDT_Perplong	+0.0002%	8h	227.59	long leg	$20K	$390K	10x
Aftermath Perps NVDAUSD	+0.0013%	1h	227.42	−0.073%	$118K	$54K	10x	as long as short
Aster NVDAUSDT	+0.0026%	8h	227.68	+0.038%	$483K	$590K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.56	−0.013%	$399K	$741K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.76	+0.075%	—	$74K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.51	−0.035%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.53	−0.026%	$147.9M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.61	+0.009%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.53	−0.026%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.42	−0.075%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.61	+0.009%	$1.3M	$9.2M	10x	as long as short
Variational Omni NVDA	+0.0060%	8h	227.67	+0.033%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERP	+0.0076%	1h	227.52	−0.030%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.49	−0.042%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.49	−0.044%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.62	+0.013%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.58	−0.004%	$49K	$1.7M	10x	as long as short
Binance NVDAUSDT	+0.0111%	8h	227.68	+0.040%	$156.2M	$215.9M	50x	as long as short
Lighter NVDA	+0.0112%	1h	227.63	+0.015%	$2.2M	$3.3M	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.65	+0.025%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0120%	8h	227.65	+0.026%	$1.6M	$724K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	−0.026%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.57	−0.009%	$94K	$112K	20x	as long as short
Lighter RH NVDA	+0.0176%	1h	227.79	+0.088%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.92	+0.145%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0231%	8h	227.61	+0.009%	$722K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0272%	1h	227.50	−0.040%	$669K	$769K	10x	as long as short
edgeX NVDAUSDC	+0.0633%	4h	227.64	+0.022%	$171K	$1.9M	20x	as long as short