Funding you earn now, next payment 06:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.028%
Price spread now: GRVT against Pacifica+0.071%51s7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as 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−$320.322% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 4 days (all we have)−0.006%−$1 · spread now +0.071%, 7d avg +0.047%
=Together, before fees−0.162%+ Points / potential airdropPacifica: Active · GRVT: Active · farm board−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.024% dearer against Pacifica than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.047%): +$2 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 19 hours. The two prices were read 51 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 | Pacifica NVDA | 226.26 | 0.0100 | pay 0.0013% / 1h | 21m 52s | $297K | $50K | 10x |
| Short | GRVT NVDA_USDT_Perp | 226.42 | 0 | get 0.0000% / 8h | 2h 21m | $22K | $410K | 10x |
Pacifica NVDA
GRVT NVDA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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: +0.071% → +0.047%
- $2.4
- Slippage, 4 orders
- −$15.2
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$50.8
- Costs to cover
- 0.322%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 26 min ago; GRVT: live order book, 26 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, 26 min ago | 1.54 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 26 min ago | 1.10 bp | 6.9 bp −$7 | 9.2 bp −$92 | 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 | 226.56 | +0.132% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.51 | +0.109% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.49 | +0.101% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.48 | +0.096% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.60 | +0.149% | $15.2M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perpshort | 0.0000% | 8h | 226.42 | +0.071% | $22K | $410K | 10x | |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.067% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.127% | $198K | $459K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.53 | +0.118% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0004% | 8h | 226.34 | +0.033% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.34 | +0.032% | $117K | $52K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0040% | 1h | 226.29 | +0.012% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.34 | +0.034% | $398K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.32 | +0.025% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.46 | +0.087% | — | $74K | 25x | as long as short |
| Lighter NVDA | +0.0048% | 1h | 226.38 | +0.052% | $2.1M | $3.4M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.43 | +0.074% | $147.1M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.34 | +0.034% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.28 | +0.008% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.19 | −0.032% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.33 | +0.030% | $53K | $1.8M | 10x | as long as short |
| Nado NVDA-PERP | +0.0078% | 1h | 226.24 | −0.010% | $481K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 226.51 | +0.109% | $154.4M | $218.5M | 50x | as long as short |
| Lighter RH NVDA | +0.0096% | 1h | 226.62 | +0.158% | $5.1M | $7.1M | 20x | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 226.26 | long leg | $297K | $50K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.44 | +0.078% | $1.6M | $739K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.032% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.35 | +0.039% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.38 | +0.050% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.27 | +0.003% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | +0.012% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0200% | 8h | 226.44 | +0.078% | $716K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.71 | +0.198% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0344% | 1h | 226.34 | +0.034% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0908% | 4h | 226.31 | +0.021% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Hotstuff NVDA-PERP
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Deribit NVDA_USDC-PERPETUAL
Nado NVDA-PERP
Binance NVDAUSDT
Lighter RH NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC