Funding you earn now, next payment 03:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: SunX against Pacifica−0.149%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.782% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.070%−$7 · spread now −0.149%, 7d avg −0.069%
=Together, before fees−0.250%+ Points / potential airdropPacifica: Active · farm board−$25 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 SunX is 0.081% cheaper against Pacifica than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 227.47 | 0.0100 | pay 0.0013% / 1h | 33m 57s | $299K | $60K | 10x |
| Short | SunX NVDA-USDT | 227.13 | 0 | get 0.0000% / 8h | 5h 33m | $2K | $3.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.149% → −0.069%
- −$8.07
- Slippage, 4 orders
- −$62.22
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$107.29
- Costs to cover
- 0.782%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 29 min ago; SunX: live order book, 4 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, 29 min ago | 1.76 bp | 5.8 bp −$6 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 21.97 bp | 26.0 bp −$26 | 55.7 bp −$557 | 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 | 227.62 | +0.066% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.60 | +0.057% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.57 | +0.044% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.64 | +0.075% | $15.5M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.75 | +0.122% | $20K | $384K | 10x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 227.13 | −0.149% | $2K | $3.7M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.128% | $198K | $479K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.66 | +0.084% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0009% | 8h | 227.69 | +0.096% | $483K | $590K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.49 | +0.009% | $118K | $54K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0034% | 8h | 227.71 | +0.106% | $3.5M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.70 | +0.101% | $406K | $719K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.63 | +0.071% | $1.4M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.101% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.45 | −0.009% | $147.9M | $44.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.58 | +0.049% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.46 | −0.004% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.45 | −0.009% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.004% | $1.3M | $776K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0088% | 1h | 227.46 | −0.004% | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | +0.0093% | 8h | 227.64 | +0.075% | $156.2M | $215.1M | 50x | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 227.47 | long leg | $299K | $60K | 10x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.57 | +0.044% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.61 | +0.062% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.60 | +0.059% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.63 | +0.071% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0123% | 1h | 227.47 | +0.002% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0132% | 8h | 227.69 | +0.097% | $1.6M | $723K | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 227.62 | +0.065% | $2.2M | $3.2M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0212% | 8h | 227.66 | +0.084% | $722K | $202K | 20x | as long as short |
| Lighter RH NVDA | +0.0216% | 1h | 227.74 | +0.119% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.99 | +0.229% | $73K | $137 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0322% | 1h | 227.58 | +0.049% | $49K | $1.6M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0328% | 1h | 227.43 | −0.017% | $689K | $718K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0557% | 4h | 227.74 | +0.119% | $170K | $1.9M | 20x | as long as short |
Pacifica NVDA
SunX NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
ApeX Omni NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter NVDA
BloFin NVDA-USDT
Lighter RH NVDA
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC