Funding you earn now, next payment 07:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.05 per $10,000 · paid last 24h +0.024%
Price spread now: Injective against Phoenix+0.159%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 0.159% dearer against Phoenix than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NVDA | 226.36 | 0.0177 | pay 0.0022% / 1h | 56m 33s | $93K | $83K | 20x |
| Short | Injective NVDA/USDC PERP | 226.72 | 0.0220 | get 0.0028% / 1h | 56m 33s | $73K | $135 | 30x |
Phoenix NVDA
Injective NVDA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Phoenix. 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
- $9.07
- Price spread: +0.159% → 0.000%
- $15.9
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $17.96
- Costs to cover
- 0.070%
- Break-even
- from the start
Slippage unknown: Phoenix: no order-book sample; Injective: no order-book sample. Net counts fees only.
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 Phoenix no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Phoenix and Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.22 | −0.062% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.47 | +0.049% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.46 | +0.044% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | +0.018% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.53 | +0.075% | $15.8M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.13 | −0.102% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.54 | +0.080% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.58 | +0.097% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.16 | −0.088% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.42 | +0.027% | $392K | $737K | 20x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.40 | +0.018% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.35 | −0.004% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.11 | −0.110% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.27 | −0.040% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.17 | −0.084% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.44 | +0.035% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.38 | +0.007% | $482K | $530K | 20x | as long as short |
| Variational Omni NVDA | +0.0099% | 8h | 226.31 | −0.020% | $3.5M | $2.3M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.31 | −0.021% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.14 | −0.097% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.45 | +0.040% | $36K | $21K | 20x | as long as short |
| Nado NVDA-PERP | +0.0110% | 1h | 226.34 | −0.007% | $481K | $223K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0114% | 8h | 226.38 | +0.009% | $1.6M | $868K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 226.43 | +0.029% | $2.1M | $3.2M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.48 | +0.052% | — | — | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 226.61 | +0.110% | $5.1M | $6.8M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.31 | −0.022% | $1.3M | $698K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.50 | +0.062% | $155.4M | $220.0M | 50x | as long as short |
| Phoenix NVDAlong | +0.0177% | 1h | 226.36 | long leg | $93K | $83K | 20x | |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.42 | +0.027% | $53K | $1.9M | 10x | as long as short |
| Injective NVDA/USDC PERPshort | +0.0220% | 1h | 226.72 | +0.159% | $73K | $135 | 30x | |
| Extended NVDA_24_5-USD | +0.0264% | 1h | 226.32 | −0.018% | $644K | $879K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0282% | 8h | 226.47 | +0.049% | $716K | $196K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0393% | 8h | 226.35 | −0.004% | $22K | $424K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0761% | 4h | 226.31 | −0.024% | $170K | $1.9M | 20x | as long as short |
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Aster NVDAUSDT
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
Aevo NVDA-PERP
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
BloFin NVDA-USDT
GRVT NVDA_USDT_Perp
edgeX NVDAUSDC