Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.027%
Price spread now: Arcus against HTX−0.018%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.308% of the position
Funding, last 4 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.018%, 7d avg −0.071%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.053% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NVDA-USDT | 227.76 | 0 | get 0.0000% / 8h | 5h 37m | $198K | $479K | 30x |
| Short | Arcus NVDA-USD | 227.72 | 0.0040 | get 0.0005% / 1h | 37m 52s | $406K | $711K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against HTX. 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
- $8.46
- Price spread: −0.018% → −0.071%
- $5.34
- Slippage, 4 orders
- −$14.35
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$17.05
- Costs to cover
- 0.308%
- Break-even
- 21.1 days
Slippage from HTX: live order book, 26 min ago; Arcus: live order book, 26 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 HTX live order book, 26 min ago | 0.22 bp | 7.4 bp −$7 | 10.1 bp −$101 | 21.1 bp −$2,105 | doesn't fit |
| Sell Arcus live order book, 26 min ago | 1.10 bp | 3.3 bp −$3 | 10.8 bp −$108 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0024% | 1h | 227.57 | −0.083% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.73 | −0.013% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.73 | −0.013% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.68 | −0.035% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.77 | +0.004% | $15.5M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.71 | −0.021% | $20K | $384K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.29 | −0.206% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDTlong | 0.0000% | 8h | 227.76 | long leg | $198K | $479K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.77 | +0.004% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0004% | 8h | 227.73 | −0.012% | $484K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.53 | −0.100% | $118K | $54K | 10x | as long as short |
| Variational Omni NVDA | +0.0027% | 8h | 227.69 | −0.030% | $3.5M | $2.0M | — | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 227.72 | −0.018% | $406K | $711K | 20x | |
| QFEX NVDA-USD | +0.0044% | 1h | 227.71 | −0.022% | $1.4M | $9.7M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.79 | +0.013% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.57 | −0.083% | $148.1M | $44.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.67 | −0.040% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.58 | −0.079% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.52 | −0.105% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.132% | $1.3M | $776K | 10x | as long as short |
| Binance NVDAUSDT | +0.0088% | 8h | 227.78 | +0.008% | $156.3M | $215.1M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.55 | −0.090% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.54 | −0.097% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.68 | −0.035% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.72 | −0.016% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.61 | −0.066% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0114% | 1h | 227.57 | −0.082% | $484K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0130% | 8h | 227.74 | −0.009% | $1.6M | $723K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.72 | −0.018% | $2.2M | $3.2M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0208% | 8h | 227.72 | −0.018% | $723K | $202K | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.85 | +0.040% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.96 | +0.088% | $73K | $136 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0277% | 1h | 227.66 | −0.044% | $49K | $1.6M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0288% | 1h | 227.50 | −0.114% | $689K | $714K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0993% | 4h | 227.68 | −0.034% | $170K | $1.9M | 20x | as long as short |
HTX NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter NVDA
BloFin NVDA-USDT
Lighter RH NVDA
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC