Funding you earn now, next payment 00:00 UTC+0.0005%/8h= +0.5% APRnext payment +$0.05 per $10,000 · paid last 24h +0.029%
Price spread now: Binance against HTX−0.040%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$280.280% of the position
Funding, last 7 days+0.201%+$20 on $10k
+Price spread, last 2 days (all we have)+0.164%+$16 · spread now −0.040%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.060% cheaper against HTX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NVDA-USDT | 227.23 | 0 | get 0.0000% / 8h | 2h 31m | $202K | $529K | 30x |
| Short | Binance NVDAUSDT | 227.14 | 0.0005 | get 0.0005% / 8h | 2h 31m | $156.2M | $220.3M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $0.95
- Price spread: −0.040% → +0.020%
- −$5.96
- Slippage, 4 orders
- −$5.98
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33
- Costs to cover
- 0.280%
- Break-even
- 250.9 days
Slippage from HTX: live order book, 57 min ago; Binance: live order book, 12 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, 57 min ago | 0.22 bp | 8.6 bp −$9 | 8.8 bp −$88 | 31.3 bp −$3,125 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.22 bp | 5.2 bp −$5 | 6.1 bp −$61 | 9.6 bp −$962 | 53.7 bp −$26.9K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.01 | −0.097% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.13 | −0.044% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.11 | −0.053% | $14.3M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.10 | −0.057% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.07 | −0.072% | $3.4M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.08 | −0.065% | $21K | $470K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.78 | −0.198% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.06 | −0.075% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDTlong | 0.0000% | 8h | 227.23 | long leg | $202K | $529K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.16 | −0.031% | $2.2M | $41K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDTshort | +0.0005% | 8h | 227.14 | −0.040% | $156.2M | $220.3M | 50x | |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.99 | −0.108% | $118K | $54K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0016% | 1h | 227.07 | −0.070% | $35K | — | 20x | as long as short |
| BloFin NVDA-USDT | +0.0018% | 8h | 227.11 | −0.053% | $714K | $205K | 20x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.13 | −0.044% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.23 | 0.000% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.97 | −0.115% | $523K | $406K | 10x | as long as short |
| Nado NVDA-PERP | +0.0043% | 1h | 227.00 | −0.103% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.25 | +0.009% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.97 | −0.114% | $147.1M | $50.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.07 | −0.070% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.01 | −0.097% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.89 | −0.150% | $1.6M | $2.1M | 15x | as long as short |
| edgeX NVDAUSDC | +0.0059% | 4h | 227.11 | −0.054% | $170K | $1.9M | 20x | as long as short |
| Bitget NVDAUSDT | +0.0069% | 8h | 227.19 | −0.018% | $15.5M | $18.3M | 100x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.08 | −0.066% | $93K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 227.15 | −0.037% | $2.1M | $3.3M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.13 | −0.042% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.98 | −0.109% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.10 | −0.057% | $1.6M | $751K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.96 | −0.119% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.08 | −0.066% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.097% | $1.3M | $911K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.30 | +0.031% | $73K | $135 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.09 | −0.062% | $395K | $683K | 20x | as long as short |
HTX NVDA-USDT
Binance NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
BloFin NVDA-USDT
Lighter RH NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
edgeX NVDAUSDC
Bitget NVDAUSDT
Phoenix NVDA
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP