Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.044%
Price spread now: SunX against KuCoin−0.190%54s7-day average −0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$147as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1141.145% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)+0.031%+$3 · spread now −0.190%, 7d avg −0.127%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.063% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.127%). Swap the legs. The two prices were read 54 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 | KuCoin NVDAUSDTM | 226.39 | 0.0100 | pay 0.0100% / 8h | 36m 23s | $1.6M | $744K | 20x |
| Short | SunX NVDA-USDT | 225.96 | 0 | get 0.0000% / 8h | 36m 23s | $2K | $3.6M | 20x |
KuCoin NVDAUSDTM
SunX NVDA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.190% → −0.127%
- −$6.26
- Slippage, 4 orders
- −$94.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$141.73
- Costs to cover
- 1.145%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 9 min ago; SunX: 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 KuCoin live order book, 9 min ago | 1.77 bp | 30.7 bp −$31 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 21.89 bp | 25.9 bp −$26 | 55.5 bp −$555 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.35 | −0.018% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.34 | −0.022% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.30 | −0.040% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.43 | +0.018% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 225.96 | −0.190% | $2K | $3.6M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 226.44 | +0.022% | $198K | $445K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.61 | +0.097% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.16 | −0.102% | $117K | $51K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0021% | 8h | 226.37 | −0.010% | $22K | $428K | 10x | as long as short |
| Aster NVDAUSDT | +0.0037% | 8h | 226.36 | −0.013% | $482K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.040% | $392K | $740K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.43 | +0.018% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.24 | −0.066% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.15 | −0.106% | $1.6M | $1.9M | 15x | as long as short |
| Variational Omni NVDA | +0.0057% | 8h | 226.39 | 0.000% | $3.5M | $2.3M | — | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.33 | −0.027% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0090% | 1h | 226.24 | −0.066% | $147.0M | $43.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0093% | 1h | 226.32 | −0.031% | $391K | $247K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.19 | −0.088% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTMlong | +0.0100% | 8h | 226.39 | long leg | $1.6M | $744K | 20x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.088% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.32 | −0.031% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.35 | −0.016% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.133% | $1.3M | $699K | 10x | as long as short |
| Binance NVDAUSDT | +0.0123% | 8h | 226.35 | −0.016% | $154.4M | $218.5M | 50x | as long as short |
| Hotstuff NVDA-PERP | +0.0160% | 1h | 226.25 | −0.062% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.20 | −0.084% | $93K | $83K | 20x | as long as short |
| Nado NVDA-PERP | +0.0178% | 1h | 226.21 | −0.081% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0184% | 1h | 226.32 | −0.031% | $2.1M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.00 | +0.269% | $73K | $137 | 30x | as long as short |
| Lighter RH NVDA | +0.0240% | 1h | 226.48 | +0.040% | $5.1M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0242% | 8h | 226.38 | −0.004% | $709K | $195K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0325% | 1h | 226.30 | −0.040% | $53K | $1.8M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0336% | 1h | 226.16 | −0.104% | $644K | $875K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0527% | 4h | 226.32 | −0.030% | $170K | $1.9M | 20x | as long as short |
Arcus NVDA-USD
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
QFEX NVDA-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Hotstuff NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
Lighter NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC