Funding you earn now, next payment 16:00 UTC−0.0051%/8h= −5.6% APRnext payment −$0.51 per $10,000 · paid last 24h −0.003%
Price spread now: OKX against GRVT+0.053%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.066%−$7 · spread now +0.053%, 7d avg +0.003%
=Together, before fees+0.041%+ Points / potential airdropGRVT: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. OKX is 0.050% dearer against GRVT than usual: you sell high and buy low (spread +0.053% now, against its 7-day average of +0.003%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.3 days. Mind the row above: over the last 7 days funding on this pair paid +0.108%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVDA_USDT_Perp | 227.25 | 0.0051 | pay 0.0051% / 8h | 5h 28m | $20K | $427K | 10x |
| Short | OKX NVDA-USDT-SWAP | 227.37 | 0 | get 0.0000% / 8h | 5h 28m | $14.4M | $20.5M | 50x |
GRVT NVDA_USDT_Perp
OKX NVDA-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$10.71
- Price spread: +0.053% → +0.003%
- $5.02
- Slippage, 4 orders
- −$8.73
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$33.42
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 16 min ago; OKX: live order book, 3 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, 16 min ago | 1.54 bp | 6.5 bp −$6 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 0.22 bp | 5.8 bp −$6 | 7.0 bp −$70 | 18.0 bp −$1,798 | doesn't fit |
NVDA on 35 exchanges
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 | −0.1600% | 1h | 225.28 | −0.867% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.36 | +0.048% | $12.6M | $16.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAPshort | 0.0000% | 8h | 227.37 | +0.053% | $14.4M | $20.5M | 50x | |
| Gate NVDA_USDT | 0.0000% | 8h | 227.31 | +0.026% | $7.2M | $9.2M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.42 | +0.075% | $15.6M | $15.9M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.00 | −0.110% | $2K | $3.3M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.31 | +0.026% | $16K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.49 | +0.106% | $199K | $399K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.37 | +0.053% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 227.13 | −0.054% | $117K | $52K | 10x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.22 | −0.014% | $613K | $926K | 10x | as long as short |
| Aster NVDAUSDT | +0.0039% | 8h | 227.35 | +0.043% | $484K | $565K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.38 | +0.057% | $1.3M | $9.0M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.52 | +0.119% | — | $74K | 25x | as long as short |
| Lighter NVDA | +0.0048% | 1h | 227.38 | +0.056% | $2.1M | $3.1M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.24 | −0.004% | $149.0M | $45.9M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.35 | +0.044% | $392K | $237K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.27 | +0.009% | $59K | $16K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.12 | −0.057% | $1.5M | $1.9M | 15x | as long as short |
| GRVT NVDA_USDT_Perplong | +0.0051% | 8h | 227.25 | long leg | $20K | $427K | 10x | |
| Lighter RH NVDA | +0.0096% | 1h | 227.50 | +0.110% | $5.3M | $7.2M | 20x | as long as short |
| Nado NVDA-PERP | +0.0099% | 1h | 227.31 | +0.027% | $478K | $208K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.24 | −0.006% | $298K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.06 | −0.084% | $16K | $45K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.37 | +0.053% | $36K | $19K | 20x | as long as short |
| Variational Omni NVDA | +0.0122% | 8h | 227.19 | −0.026% | $3.3M | $2.4M | — | as long as short |
| Aevo NVDA-PERP | +0.0128% | 1h | 227.39 | +0.063% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 227.12 | −0.057% | $1.3M | $666K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0137% | 8h | 227.35 | +0.044% | $1.6M | $1.4M | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.10 | −0.066% | $93K | $82K | 20x | as long as short |
| Binance NVDAUSDT | +0.0176% | 8h | 227.37 | +0.053% | $155.9M | $224.6M | 50x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.63 | +0.167% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0253% | 4h | 227.17 | −0.035% | $171K | $1.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0294% | 8h | 227.41 | +0.070% | $738K | $201K | 20x | as long as short |
| Arcus NVDA-USD | +0.0320% | 1h | 227.33 | +0.035% | $384K | $706K | 20x | as long as short |
Extended NVDA_24_5-USD
Aster NVDAUSDT
QFEX NVDA-USD
Vest NVDA-USD-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter RH NVDA
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
KuCoin NVDAUSDTM
Phoenix NVDA
Binance NVDAUSDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC
BloFin NVDA-USDT
Arcus NVDA-USD