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 −0.030%

Price spread now: GRVT against Orderly+0.031%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on GRVT

What this pair did over the last

the charts below follow

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—+ Points / potential airdropGRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.031% dearer against Orderly than usual: you sell high and buy low (spread +0.031% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_NVDA_USDC	227.41	0.0100	pay 0.0100% / 8h	48m 28s	$36K	$22K	20x
Short	GRVT NVDA_USDT_Perp	227.48	0	get 0.0000% / 8h	48m 28s	$20K	$427K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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 OrderlybpFee GRVTbpOrdersPrice spread, now +0.031%Rate

Funding earned: −$21
Price spread: +0.031% → 0.000%: $3.08
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$32.92
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 29 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 Orderly no order-book sample	—	—	—	—	—
Sell GRVT live order book, 29 min ago	0.88 bp	6.8 bp −$7	11.0 bp −$110	doesn't fit	doesn't fit

Orderly: 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	227.42	+0.004%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.46	+0.022%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.43	+0.009%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.37	−0.018%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.46	+0.020%	$3.5M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perpshort	0.0000%	8h	227.48	+0.031%	$20K	$427K	10x
SunX NVDA-USDT	0.0000%	8h	226.92	−0.215%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.031%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.49	+0.035%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0029%	1h	227.46	+0.024%	$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
Hotstuff NVDA-PERP	+0.0032%	1h	227.29	−0.053%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0039%	8h	227.47	+0.026%	$156.3M	$220.1M	50x	as long as short
Extended NVDA_24_5-USD	+0.0040%	1h	227.23	−0.077%	$536K	$446K	10x	as long as short
Bitget NVDAUSDT	+0.0041%	8h	227.45	+0.018%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.48	+0.031%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.30	−0.048%	$147.3M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.34	−0.031%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.31	−0.044%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.066%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.45	+0.018%	$1.6M	$11.4M	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.45	+0.019%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.176%	$1.3M	$862K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.27	−0.062%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.040%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.31	−0.044%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDClong	+0.0100%	8h	227.41	long leg	$36K	$22K	20x
Nado NVDA-PERP	+0.0102%	1h	227.28	−0.057%	$483K	$228K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	−0.031%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.31	−0.044%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0154%	8h	227.48	+0.031%	$672K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.141%	$73K	$135	30x	as long as short
Lighter NVDA	+0.0248%	1h	227.48	+0.031%	$2.1M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0248%	1h	227.60	+0.084%	$5.1M	$7.2M	20x	as long as short
edgeX NVDAUSDC	+0.0313%	4h	227.46	+0.020%	$170K	$1.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0366%	1h	227.40	−0.004%	$49K	$1.4M	10x	as long as short