NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0005%/8h= +0.6% APRnext payment +$0.01 per $10,000 · paid last 24h +0.014%

Price spread now: Phoenix against Pacifica+0.043%47s7-day average +0.029% · 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—prices read too far apart to compare

costs, in and out, $10k−$310.313% of the position

Long on Pacifica Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 7 days+0.069%+$7 on $10k

Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.043%, 7d avg +0.029%

Together, before fees+0.168%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	227.64	0.0100	pay 0.0013% / 1h	27m 44s	$299K	$60K	10x
Short	Phoenix NVDA	227.74	0.0105	get 0.0013% / 1h	27m 44s	$94K	$112K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against Pacifica. 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 PacificabpFee PhoenixbpOrdersPrice spread, now +0.043%Rate

Funding earned: $1.12
Price spread: +0.043% → +0.029%: $1.42
Slippage, 4 orders: −$16.3
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: −$28.75
Costs to cover: 0.313%
Break-even: 186.3 days

Slippage from Pacifica: live order book, 41 min ago; Phoenix: live order book, 32 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, 41 min ago	1.98 bp	6.0 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Phoenix live order book, 32 min ago	2.63 bp	8.6 bp −$9	18.0 bp −$180	doesn't fit	doesn't fit

NVDA on 34 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	227.81	+0.073%	$484K	$581K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.82	+0.078%	$12.7M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.82	+0.078%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.76	+0.052%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.85	+0.091%	$15.4M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.30	−0.150%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.88	+0.105%	$198K	$497K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.89	+0.109%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	227.61	−0.016%	$118K	$54K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.65	+0.004%	$35K	—	20x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0017%	8h	227.76	+0.052%	$3.5M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	+0.0025%	8h	227.75	+0.050%	$20K	$386K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.66	+0.008%	$400K	$723K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.78	+0.061%	$1.5M	$10.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.92	+0.122%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.68	+0.017%	$148.1M	$44.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.74	+0.043%	$402K	$280K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.67	+0.012%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.67	+0.012%	$1.5M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.080%	$1.3M	$787K	10x	as long as short
Nado NVDA-PERP	+0.0077%	1h	227.66	+0.008%	$484K	$230K	20x	as long as short
Extended NVDA_24_5-USD	+0.0080%	1h	227.66	+0.008%	$689K	$714K	10x	as long as short
Binance NVDAUSDT	+0.0082%	8h	227.83	+0.083%	$156.3M	$216.1M	50x	as long as short
Pacifica NVDAlong	+0.0100%	1h	227.64	long leg	$299K	$60K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.65	+0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.79	+0.065%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.72	+0.034%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.76	+0.054%	—	—	10x	as long as short
Phoenix NVDAshort	+0.0105%	1h	227.74	+0.043%	$94K	$112K	20x
Lighter NVDA	+0.0120%	1h	227.82	+0.077%	$2.2M	$3.2M	20x	as long as short
KuCoin NVDAUSDTM	+0.0129%	8h	227.83	+0.083%	$1.6M	$737K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.94	+0.131%	$5.1M	$7.0M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.97	+0.144%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0606%	4h	227.77	+0.054%	$170K	$1.9M	20x	as long as short