Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.037%
Price spread now: Bybit against KuCoin−0.035%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$91as in the Price arb table
costs, in and out, $10k−$890.886% of the position
Funding, last 7 days−0.257%−$26 on $10k
+Price spread, last 7 days+0.029%+$3 · spread now −0.035%, 7d avg −0.007%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.007%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVDAUSDTM | 227.04 | 0.0100 | pay 0.0100% / 8h | 2h 08m | $1.6M | $753K | 20x |
| Short | Bybit NVDAUSDT | 226.96 | 0 | get 0.0000% / 8h | 2h 08m | $12.6M | $15.8M | 100x |
KuCoin NVDAUSDTM
Bybit NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against KuCoin. 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
- −$21
- Price spread: −0.035% → −0.007%
- −$2.78
- Slippage, 4 orders
- −$65.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$112.42
- Costs to cover
- 0.886%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 7 min ago; Bybit: live order book, 10 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 KuCoin live order book, 7 min ago | 1.10 bp | 54.3 bp −$54 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 10 min ago | 0.22 bp | 8.6 bp −$9 | 10.3 bp −$103 | 53.5 bp −$5,346 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.94 | −0.042% | $473K | $550K | 20x | as long as short |
| Binance NVDAUSDT | 0.0000% | 8h | 227.03 | −0.003% | $156.1M | $220.8M | 50x | as long as short |
| Bybit NVDAUSDTshort | 0.0000% | 8h | 226.96 | −0.035% | $12.6M | $15.8M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.00 | −0.018% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.96 | −0.035% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.08 | +0.018% | $3.5M | $2.4M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.09 | +0.023% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.69 | −0.154% | $3K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.94 | −0.044% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.13 | +0.040% | $202K | $526K | 30x | as long as short |
Aster NVDAUSDT
Binance NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NVDAUSDT | 0.0000% | 4h | 227.10 | +0.026% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.99 | −0.024% | $118K | $55K | 10x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.01 | −0.013% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.14 | +0.044% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.87 | −0.076% | $522K | $409K | 10x | as long as short |
| Bitget NVDAUSDT | +0.0043% | 8h | 226.98 | −0.026% | $15.6M | $18.3M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.12 | +0.035% | — | $73K | 25x | as long as short |
| Nado NVDA-PERP | +0.0049% | 1h | 226.88 | −0.071% | $486K | $226K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.89 | −0.066% | $147.0M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.00 | −0.018% | $400K | $261K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.86 | −0.079% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.81 | −0.101% | $1.6M | $2.1M | 15x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.01 | −0.013% | $93K | $112K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.00 | −0.017% | — | — | 10x | as long as short |
| Lighter NVDA | +0.0088% | 1h | 227.04 | −0.001% | $2.1M | $3.3M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0096% | 1h | 226.87 | −0.075% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.86 | −0.080% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTMlong | +0.0100% | 8h | 227.04 | long leg | $1.6M | $753K | 20x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.97 | −0.031% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.02 | −0.009% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.013% | $1.3M | $911K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0120% | 8h | 227.05 | +0.004% | $714K | $205K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.44 | +0.176% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0392% | 4h | 227.08 | +0.017% | $170K | $1.9M | 20x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 226.99 | −0.022% | $384K | $695K | 20x | as long as short |
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
QFEX NVDA-USD
Lighter RH NVDA
Extended NVDA_24_5-USD
Bitget NVDAUSDT
Vest NVDA-USD-PERP
Nado NVDA-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Phoenix NVDA
Aevo NVDA-PERP
Lighter NVDA
Hotstuff NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC
Arcus NVDA-USD