NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.018%

Price spread now: OKX against KuCoin+0.004%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$109as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$940.941% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.151%−$15 on $10k

Price spread, last 7 days−0.027%−$3 · spread now +0.004%, 7d avg 0.000%

Together, before fees−0.178%−$18 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of 0.000%, 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	227.51	0.0100	pay 0.0100% / 8h	45m 21s	$1.6M	$746K	20x
Short	OKX NVDA-USDT-SWAP	227.52	0	get 0.0000% / 8h	45m 21s	$14.4M	$21.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee OKXbpOrdersPrice spread, now +0.004%Rate

Funding earned: −$21
Price spread: +0.004% → 0.000%: $0.44
Slippage, 4 orders: −$72.07
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$114.63
Costs to cover: 0.941%
Break-even: never at this rate

Slippage from KuCoin: live order book, 1 min ago; OKX: live order book, 3 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, 1 min ago	2.20 bp	62.1 bp −$62	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 3 min ago	0.22 bp	5.6 bp −$6	7.5 bp −$75	25.6 bp −$2,556	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	227.42	−0.040%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.49	−0.009%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAPshort	0.0000%	8h	227.52	+0.004%	$14.4M	$21.1M	50x
Gate NVDA_USDT	0.0000%	8h	227.45	−0.026%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.45	−0.028%	$3.6M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.48	−0.014%	$20K	$427K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.96	−0.242%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	−0.013%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.54	+0.013%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0030%	1h	227.43	−0.037%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NVDAUSDT	+0.0042%	8h	227.56	+0.022%	$156.4M	$220.2M	50x	as long as short
Bitget NVDAUSDT	+0.0044%	8h	227.55	+0.018%	$15.6M	$17.8M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.57	+0.026%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.40	−0.048%	$147.4M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.41	−0.044%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.39	−0.053%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.092%	$1.6M	$2.1M	15x	as long as short
Extended NVDA_24_5-USD	+0.0056%	1h	227.35	−0.070%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.51	0.000%	$1.6M	$11.4M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	227.40	−0.048%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.53	+0.009%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0095%	1h	227.34	−0.075%	$484K	$228K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.220%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.37	−0.062%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTMlong	+0.0100%	8h	227.51	long leg	$1.6M	$746K	20x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	−0.092%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	−0.004%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	−0.075%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.36	−0.066%	$400K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0160%	8h	227.48	−0.013%	$671K	$204K	20x	as long as short
edgeX NVDAUSDC	+0.0183%	4h	227.45	−0.028%	$170K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.097%	$73K	$135	30x	as long as short
Lighter RH NVDA	+0.0248%	1h	227.66	+0.066%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0256%	1h	227.54	+0.015%	$2.1M	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0410%	1h	227.51	0.000%	$49K	$1.4M	10x	as long as short