Funding you earn now, next payment 16:00 UTC−0.0106%/8h= −11.6% APRnext payment −$1.06 per $10,000 · paid last 24h +0.024%
Price spread now: Orderly against GRVT−0.031%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.031% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | 226.28 | 0.0206 | pay 0.0206% / 8h | 7h 53m | $21K | $425K | 10x |
| Short | Orderly PERP_NVDA_USDC | 226.21 | 0.0100 | get 0.0100% / 8h | 7h 53m | $36K | $20K | 20x |
GRVT NVDA_USDT_Perp
Orderly PERP_NVDA_USDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$22.26
- Price spread: −0.031% → 0.000%
- −$3.09
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$40.35
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 44 min ago; Orderly: no order-book sample. Net counts fees only.
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, 44 min ago | 1.33 bp | 5.8 bp −$6 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 NVDAUSDT | 0.0000% | 8h | 226.27 | −0.004% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.33 | +0.022% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.25 | −0.013% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.39 | +0.049% | $15.8M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.85 | −0.190% | $2K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.16 | −0.053% | $53K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.31 | +0.013% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.43 | +0.066% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.19 | −0.039% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.24 | −0.018% | $392K | $737K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.48 | +0.088% | — | $74K | 25x | as long as short |
| Lighter NVDA | +0.0048% | 1h | 226.26 | −0.009% | $2.1M | $3.2M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.25 | −0.013% | $146.9M | $43.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.15 | −0.057% | $391K | $245K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.11 | −0.075% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.09 | −0.084% | $1.6M | $1.9M | 15x | as long as short |
| Lighter RH NVDA | +0.0064% | 1h | 226.44 | +0.071% | $5.1M | $6.8M | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.31 | +0.013% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.27 | −0.006% | $481K | $530K | 20x | as long as short |
| Nado NVDA-PERP | +0.0082% | 1h | 226.12 | −0.070% | $480K | $223K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.18 | −0.043% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.12 | −0.071% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDCshort | +0.0100% | 8h | 226.21 | −0.031% | $36K | $20K | 20x | |
| Hotstuff NVDA-PERP | +0.0104% | 1h | 226.12 | −0.071% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0105% | 8h | 226.43 | +0.065% | $3.5M | $2.3M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0113% | 8h | 226.35 | +0.031% | $1.6M | $877K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.22 | −0.029% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | +0.004% | $1.3M | $697K | 10x | as long as short |
| Binance NVDAUSDT | +0.0164% | 8h | 226.31 | +0.013% | $155.3M | $220.1M | 50x | as long as short |
| Extended NVDA_24_5-USD | +0.0200% | 1h | 226.20 | −0.035% | $644K | $879K | 10x | as long as short |
| GRVT NVDA_USDT_Perplong | +0.0206% | 8h | 226.28 | long leg | $21K | $425K | 10x | |
| Phoenix NVDA | +0.0212% | 1h | 226.25 | −0.013% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.194% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0285% | 8h | 226.28 | 0.000% | $715K | $196K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0803% | 4h | 226.31 | +0.013% | $171K | $1.9M | 20x | as long as short |
Vest NVDA-USD-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter RH NVDA
QFEX NVDA-USD
Aster NVDAUSDT
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Hotstuff NVDA-PERP
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Extended NVDA_24_5-USD
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC