Funding you earn now, next payment 04:00 UTC+0.0133%/8h= +14.6% APRpaid last 24h +0.044%
Price spread now: KuCoin against Phemex−0.018%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1131.126% of the position
Funding, last 7 days+0.327%+$33 on $10k
+Price spread, last 4 days (all we have)+0.225%+$22 · spread now −0.018%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NVDAUSDT | 227.64 | 0 | get 0.0000% / 4h | 1h 28m | $2.2M | $43K | 10x |
| Short | KuCoin NVDAUSDTM | 227.60 | 0.0133 | get 0.0133% / 8h | 5h 28m | $1.6M | $724K | 20x |
Phemex NVDAUSDT
KuCoin NVDAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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
- $27.93
- Price spread: −0.018% → −0.020%
- $0.21
- Slippage, 4 orders
- −$88.61
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$84.46
- Costs to cover
- 1.126%
- Break-even
- 28.2 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 7 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 Phemex live order book, 5 min ago | 0.66 bp | 40.3 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 7 min ago | 1.10 bp | 14.3 bp −$14 | doesn't fit | 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 | 227.56 | −0.035% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.56 | −0.035% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.50 | −0.062% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.62 | −0.009% | $15.5M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.68 | +0.018% | $20K | $384K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.11 | −0.233% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.053% | $198K | $478K | 30x | as long as short |
| Phemex NVDAUSDTlong | 0.0000% | 4h | 227.64 | long leg | $2.2M | $43K | 10x | |
| Aster NVDAUSDT | +0.0011% | 8h | 227.58 | −0.025% | $483K | $590K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.52 | −0.054% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0016% | 1h | 227.46 | −0.079% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0036% | 8h | 227.62 | −0.010% | $3.5M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.70 | +0.026% | $406K | $726K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.61 | −0.013% | $1.4M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.026% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.43 | −0.092% | $147.9M | $44.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | −0.035% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.48 | −0.070% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.43 | −0.092% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | −0.048% | $1.3M | $777K | 10x | as long as short |
| Binance NVDAUSDT | +0.0095% | 8h | 227.59 | −0.020% | $156.2M | $215.2M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.47 | −0.073% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.50 | −0.062% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.59 | −0.022% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.61 | −0.015% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.50 | −0.062% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0122% | 1h | 227.48 | −0.068% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTMshort | +0.0133% | 8h | 227.60 | −0.018% | $1.6M | $724K | 20x | |
| Lighter NVDA | +0.0168% | 1h | 227.60 | −0.018% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.73 | +0.040% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0215% | 8h | 227.67 | +0.013% | $723K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.99 | +0.154% | $73K | $137 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0277% | 4h | 227.60 | −0.017% | $170K | $1.9M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0322% | 1h | 227.56 | −0.035% | $49K | $1.6M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0344% | 1h | 227.37 | −0.119% | $689K | $722K | 10x | as long as short |
Hotstuff NVDA-PERP
Variational Omni NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
Lighter NVDA
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD