Funding you earn now, next payment 16:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.005%
Price spread now: SunX against GRVT−0.156%7-day average −0.117% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$770.772% of the position
Funding, last 7 days−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.156%, 7d avg −0.117%
=Together, before fees−0.096%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.039% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.117%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NVDA_USDT_Perp | 226.92 | 0.0044 | pay 0.0044% / 8h | 7h 02m | $21K | $432K | 10x |
| Short | SunX NVDA-USDT | 226.57 | 0 | get 0.0000% / 8h | 7h 02m | $2K | $3.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$9.24
- Price spread: −0.156% → −0.117%
- −$3.91
- Slippage, 4 orders
- −$60.22
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$90.36
- Costs to cover
- 0.772%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 30 min ago; SunX: live order book, 6 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, 30 min ago | 1.33 bp | 5.8 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 22.05 bp | 26.0 bp −$26 | 55.6 bp −$556 | doesn't fit | 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 NVDAUSDT | 0.0000% | 8h | 226.94 | +0.007% | $12.7M | $15.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.94 | +0.007% | $14.2M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.91 | −0.006% | $7.2M | $10.1M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.00 | +0.033% | $15.7M | $16.0M | 100x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 226.57 | −0.156% | $2K | $3.5M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 227.00 | +0.033% | $198K | $436K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.97 | +0.020% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0010% | 1h | 226.82 | −0.047% | $117K | $51K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.90 | −0.009% | $2.1M | $3.3M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.76 | −0.071% | $640K | $873K | 10x | 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 | 226.90 | −0.011% | $392K | $739K | 20x | as long as short |
| GRVT NVDA_USDT_Perplong | +0.0044% | 8h | 226.92 | long leg | $21K | $432K | 10x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.05 | +0.055% | — | $74K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 226.79 | −0.059% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.79 | −0.059% | $147.7M | $44.8M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.81 | −0.050% | $392K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.81 | −0.050% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.73 | −0.086% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0071% | 1h | 226.80 | −0.055% | $482K | $221K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.93 | +0.002% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0078% | 8h | 226.96 | +0.016% | $485K | $543K | 20x | as long as short |
| Lighter RH NVDA | +0.0080% | 1h | 227.05 | +0.055% | $5.1M | $7.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.77 | −0.069% | $298K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.74 | −0.081% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.90 | −0.011% | $36K | $20K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.86 | −0.028% | $53K | $1.9M | 10x | as long as short |
| Variational Omni NVDA | +0.0105% | 8h | 226.92 | −0.003% | $3.2M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0117% | 8h | 226.89 | −0.015% | $1.6M | $1.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.92 | −0.004% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.48 | −0.196% | $1.3M | $682K | 10x | as long as short |
| Binance NVDAUSDT | +0.0164% | 8h | 226.99 | +0.029% | $155.6M | $223.1M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.84 | −0.037% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.96 | +0.016% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0283% | 8h | 226.98 | +0.024% | $712K | $202K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0730% | 4h | 226.94 | +0.008% | $171K | $1.9M | 20x | as long as short |
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Lighter NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Aster NVDAUSDT
Lighter RH NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Variational Omni NVDA
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC