NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0014%/8h= −1.5% APRnext payment −$0.02 per $10,000 · paid last 24h −0.013%

Price spread now: tradeXYZ against Pacifica−0.004%7-day average −0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$310.305% of the position

Long on Pacifica Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.033%−$3 on $10k

Price spread, last 4 days (all we have)+0.004%$0 · spread now −0.004%, 7d avg −0.005%

Together, before fees−0.029%+ Points / potential airdropPacifica: Active · tradeXYZ: Active · farm board−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	226.11	0.0100	pay 0.0013% / 1h	11m 09s	$297K	$49K	10x
Short	tradeXYZ xyz:NVDA	226.10	0.0086	get 0.0011% / 1h	11m 09s	$146.9M	$43.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.004%Rate

Funding earned: −$2.91
Price spread: −0.004% → −0.005%: $0.09
Slippage, 4 orders: −$4.52
Fee Pacifica: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$33.34
Costs to cover: 0.305%
Break-even: never at this rate

Slippage from Pacifica: live order book, 27 min ago; tradeXYZ: live order book, 9 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, 27 min ago	1.11 bp	5.2 bp −$5	doesn't fit	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 9 min ago	0.22 bp	9.4 bp −$9	11.0 bp −$110	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	226.23	+0.053%	$12.4M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.25	+0.062%	$14.1M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.22	+0.049%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.31	+0.088%	$15.9M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.01	−0.044%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.32	+0.093%	$198K	$442K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.55	+0.195%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.21	+0.043%	$117K	$51K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	+0.084%	$392K	$738K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0042%	8h	226.47	+0.160%	$22K	$423K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NVDA-USD-PERP	+0.0046%	1h	226.30	+0.084%	—	$74K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.14	+0.013%	$35K	—	20x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.10	−0.004%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.08	−0.013%	$1.6M	$1.9M	15x	as long as short
Aster NVDAUSDT	+0.0056%	8h	226.26	+0.068%	$481K	$530K	20x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.26	+0.066%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0077%	8h	226.31	+0.088%	$3.5M	$2.2M	—	as long as short
Polymarket Perps NVDA-USD	+0.0082%	1h	226.18	+0.031%	$391K	$247K	10x	as long as short
tradeXYZ xyz:NVDAshort	+0.0086%	1h	226.10	−0.004%	$146.9M	$43.2M	20x
Pacifica NVDAlong	+0.0100%	1h	226.11	long leg	$297K	$49K	10x
KuCoin NVDAUSDTM	+0.0100%	8h	226.27	+0.071%	$1.6M	$815K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.23	+0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.24	+0.057%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.26	+0.068%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.009%	$1.3M	$697K	10x	as long as short
Binance NVDAUSDT	+0.0142%	8h	226.25	+0.062%	$155.2M	$219.9M	50x	as long as short
Lighter NVDA	+0.0160%	1h	226.20	+0.039%	$2.1M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0171%	1h	226.08	−0.011%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.29	+0.080%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.78	+0.296%	$73K	$139	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.34	+0.102%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0262%	8h	226.33	+0.097%	$711K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	225.99	−0.053%	$644K	$875K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0502%	1h	226.18	+0.031%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0539%	4h	226.32	+0.091%	$170K	$1.9M	20x	as long as short