Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.043%
Price spread now: GRVT against KuCoin−0.008%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1071.074% of the position
Funding, last 7 days−0.298%−$30 on $10k
+Price spread, last 3 days (all we have)−0.008%−$1 · spread now −0.008%, 7d avg −0.006%
=Together, before fees−0.306%+ Points / potential airdropGRVT: Active · farm board−$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVDAUSDTM | 227.12 | 0.0100 | pay 0.0100% / 8h | 2h 00m | $1.6M | $754K | 20x |
| Short | GRVT NVDA_USDT_Perp | 227.10 | 0 | get 0.0000% / 8h | 2h 00m | $21K | $468K | 10x |
KuCoin NVDAUSDTM
GRVT NVDA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: −0.008% → −0.006%
- −$0.22
- Slippage, 4 orders
- −$86.4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$128.63
- Costs to cover
- 1.074%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; GRVT: live order book, 22 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, 5 min ago | 1.32 bp | 74.9 bp −$75 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 22 min ago | 1.10 bp | 7.6 bp −$8 | 9.9 bp −$99 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.03 | −0.038% | $473K | $550K | 20x | as long as short |
| Binance NVDAUSDT | 0.0000% | 8h | 227.16 | +0.017% | $156.2M | $220.8M | 50x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.12 | 0.000% | $12.6M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.12 | 0.000% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.10 | −0.009% | $7.2M | $9.5M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.07 | −0.020% | $3.5M | $2.4M | — | as long as short |
| GRVT NVDA_USDT_Perpshort | 0.0000% | 8h | 227.10 | −0.008% | $21K | $468K | 10x | |
| SunX NVDA-USDT | 0.0000% | 8h | 226.86 | −0.114% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.05 | −0.031% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.13 | +0.004% | $202K | $525K | 30x | as long as short |
Aster NVDAUSDT
Binance NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
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 | 227.19 | +0.031% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.95 | −0.076% | $118K | $55K | 10x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.11 | −0.004% | $1.6M | $11.3M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.98 | −0.063% | $522K | $409K | 10x | as long as short |
| Bitget NVDAUSDT | +0.0036% | 8h | 227.08 | −0.018% | $15.6M | $18.3M | 100x | as long as short |
| Lighter RH NVDA | +0.0040% | 1h | 227.26 | +0.062% | $4.9M | $7.0M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0040% | 1h | 227.02 | −0.044% | $35K | — | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.25 | +0.057% | — | $73K | 25x | as long as short |
| Nado NVDA-PERP | +0.0050% | 1h | 227.05 | −0.030% | $487K | $226K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.98 | −0.062% | $147.0M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.11 | −0.004% | $400K | $261K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.99 | −0.057% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.93 | −0.084% | $1.6M | $2.1M | 15x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 226.99 | −0.057% | $93K | $112K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.15 | +0.011% | — | — | 10x | as long as short |
| Lighter NVDA | +0.0096% | 1h | 227.17 | +0.022% | $2.1M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.03 | −0.041% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTMlong | +0.0100% | 8h | 227.12 | long leg | $1.6M | $754K | 20x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.97 | −0.066% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.11 | −0.004% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.048% | $1.3M | $911K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0120% | 8h | 227.15 | +0.013% | $715K | $205K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.40 | +0.123% | $73K | $138 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0400% | 4h | 227.13 | +0.006% | $170K | $1.9M | 20x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.12 | 0.000% | $384K | $695K | 20x | as long as short |
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
QFEX NVDA-USD
Extended NVDA_24_5-USD
Bitget NVDAUSDT
Lighter RH NVDA
Hotstuff NVDA-PERP
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
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