Funding you earn now, next payment 06:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.021%
Price spread now: Deribit against Injective−0.172%63s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.172% cheaper against Injective than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 63 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 | Injective NVDA/USDC PERP | 226.88 | 0.0220 | pay 0.0028% / 1h | 15m 45s | $73K | $139 | 30x |
| Short | Deribit NVDA_USDC-PERPETUAL | 226.49 | 0.0059 | get 0.0007% / 1h | 15m 45s | $53K | $1.8M | 10x |
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Injective. 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
- −$33.78
- Price spread: −0.172% → 0.000%
- −$17.19
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$57.99
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; Deribit: live order book, 3 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 3 min ago | 3.53 bp | 7.3 bp −$7 | 7.7 bp −$77 | doesn't fit | doesn't fit |
Injective: 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.61 | −0.118% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.54 | −0.150% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.55 | −0.145% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.53 | −0.154% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.64 | −0.106% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.68 | −0.088% | $21K | $417K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.26 | −0.273% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.47 | −0.181% | $198K | $458K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.72 | −0.071% | $2.2M | $42K | 10x | as long as short |
| Variational Omni NVDA | +0.0006% | 8h | 226.54 | −0.151% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.44 | −0.193% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.56 | −0.141% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.53 | −0.154% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.71 | −0.075% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.42 | −0.203% | $147.1M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.52 | −0.159% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.43 | −0.198% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.19 | −0.304% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.0059% | 1h | 226.49 | −0.172% | $53K | $1.8M | 10x | |
| Lighter NVDA | +0.0064% | 1h | 226.56 | −0.142% | $2.1M | $3.4M | 20x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 226.57 | −0.137% | $154.4M | $218.6M | 50x | as long as short |
| Nado NVDA-PERP | +0.0081% | 1h | 226.49 | −0.171% | $482K | $227K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0088% | 1h | 226.45 | −0.190% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.46 | −0.185% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.54 | −0.150% | $1.6M | $741K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.51 | −0.163% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.56 | −0.141% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.70 | −0.079% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.57 | −0.138% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.57 | −0.137% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.260% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0202% | 8h | 226.62 | −0.115% | $714K | $193K | 20x | as long as short |
| Injective NVDA/USDC PERPlong | +0.0220% | 1h | 226.88 | long leg | $73K | $139 | 30x | |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.36 | −0.229% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0461% | 4h | 226.45 | −0.191% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter NVDA
Binance NVDAUSDT
Nado NVDA-PERP
Hotstuff NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC