Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%
Price spread now: Aster against Pacifica+0.025%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$230.230% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.025%+$3 · spread now +0.025%, 7d avg +0.057%
=Together, before fees+0.012%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.032% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 226.85 | 0.0100 | pay 0.0013% / 1h | 52m 07s | $298K | $60K | 10x |
| Short | Aster NVDAUSDT | 226.91 | 0 | get 0.0000% / 8h | 2h 52m | $473K | $550K | 20x |
Pacifica NVDA
Aster NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Pacifica. 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: +0.025% → +0.057%
- −$3.24
- Slippage, 4 orders
- −$6.96
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$47.2
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 36 min ago; Aster: live order book, 35 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 Pacifica live order book, 36 min ago | 1.32 bp | 5.3 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 35 min ago | 0.88 bp | 5.3 bp −$5 | 7.4 bp −$74 | 258.7 bp −$25.9K | 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 NVDAUSDTshort | 0.0000% | 8h | 226.91 | +0.025% | $473K | $550K | 20x | |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.89 | +0.016% | $12.6M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.90 | +0.020% | $14.4M | $21.1M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.87 | +0.007% | $7.2M | $9.2M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 226.99 | +0.062% | $3.4M | $2.2M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.96 | +0.047% | $20K | $482K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.52 | −0.147% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.86 | +0.003% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.10 | +0.108% | $199K | $529K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.96 | +0.047% | $2.2M | $42K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.88 | +0.012% | $118K | $54K | 10x | as long as short |
| Binance NVDAUSDT | +0.0021% | 8h | 226.89 | +0.018% | $156.2M | $219.4M | 50x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 226.97 | +0.051% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.06 | +0.091% | $4.8M | $6.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.84 | −0.008% | $526K | $401K | 10x | as long as short |
| Nado NVDA-PERP | +0.0036% | 1h | 226.87 | +0.007% | $486K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.08 | +0.100% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.81 | −0.020% | $146.9M | $50.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.89 | +0.016% | $398K | $228K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.81 | −0.020% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.70 | −0.068% | $1.6M | $2.1M | 15x | as long as short |
| Lighter NVDA | +0.0064% | 1h | 226.97 | +0.049% | $2.1M | $3.3M | 20x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 226.85 | −0.002% | $93K | $112K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 226.91 | +0.023% | — | — | 10x | as long as short |
| BloFin NVDA-USDT | +0.0092% | 8h | 227.01 | +0.069% | $716K | $204K | 20x | as long as short |
| Bitget NVDAUSDT | +0.0097% | 8h | 226.93 | +0.033% | $15.5M | $18.3M | 100x | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 226.85 | long leg | $298K | $60K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.93 | +0.033% | $1.6M | $751K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.97 | +0.051% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.90 | +0.020% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.95 | +0.042% | $1.3M | $926K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0128% | 1h | 226.83 | −0.011% | $35K | — | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.37 | +0.227% | $73K | $133 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 226.91 | +0.025% | $394K | $676K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0980% | 4h | 226.97 | +0.051% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Binance NVDAUSDT
QFEX NVDA-USD
Lighter RH NVDA
Extended NVDA_24_5-USD
Nado NVDA-PERP
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter NVDA
Phoenix NVDA
Aevo NVDA-PERP
BloFin NVDA-USDT
Bitget NVDAUSDT
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Hotstuff NVDA-PERP
Injective NVDA/USDC PERP
Arcus NVDA-USD
edgeX NVDAUSDC