Funding you earn now, next payment 01:00 UTC−0.0055%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.029%
Price spread now: SoDEX against Phoenix−0.013%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix NVDA | 227.64 | 0.0105 | pay 0.0013% / 1h | 56m 41s | $94K | $112K | 20x |
| Short | SoDEX NVDA-USD | 227.61 | 0.0050 | get 0.0006% / 1h | 56m 41s | $58K | $19K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$11.62
- Price spread: −0.013% → 0.000%
- −$1.32
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$27.94
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Phoenix: live order book, 63 min ago; SoDEX: 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 live order book, 63 min ago | 2.63 bp | 8.6 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | 227.77 | +0.058% | $484K | $590K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.75 | +0.048% | $12.7M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.76 | +0.053% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.70 | +0.026% | $7.2M | $9.5M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.81 | +0.075% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.71 | +0.031% | $20K | $387K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.30 | −0.149% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.84 | +0.088% | $198K | $482K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.79 | +0.066% | $2.2M | $43K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0008% | 1h | 227.59 | −0.022% | $35K | — | 20x | as long as short |
Show all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.52 | −0.051% | $118K | $54K | 10x | as long as short |
| Variational Omni NVDA | +0.0021% | 8h | 227.69 | +0.020% | $3.5M | $2.0M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.73 | +0.040% | $406K | $712K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.72 | +0.035% | $1.4M | $9.8M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.82 | +0.079% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.60 | −0.018% | $148.1M | $44.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.70 | +0.026% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USDshort | +0.0050% | 1h | 227.61 | −0.013% | $58K | $19K | 10x | |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.59 | −0.022% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.079% | $1.3M | $776K | 10x | as long as short |
| Binance NVDAUSDT | +0.0085% | 8h | 227.80 | +0.070% | $156.3M | $215.3M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.60 | −0.018% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.55 | −0.040% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.73 | +0.040% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.69 | +0.023% | — | — | 10x | as long as short |
| Phoenix NVDAlong | +0.0105% | 1h | 227.64 | long leg | $94K | $112K | 20x | |
| KuCoin NVDAUSDTM | +0.0128% | 8h | 227.78 | +0.062% | $1.6M | $727K | 20x | as long as short |
| Nado NVDA-PERP | +0.0143% | 1h | 227.60 | −0.017% | $484K | $229K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0184% | 1h | 227.53 | −0.048% | $689K | $714K | 10x | as long as short |
| Lighter NVDA | +0.0192% | 1h | 227.73 | +0.038% | $2.2M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.119% | $73K | $134 | 30x | as long as short |
| Lighter RH NVDA | +0.0224% | 1h | 227.86 | +0.097% | $5.1M | $7.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0277% | 1h | 227.69 | +0.022% | $49K | $1.6M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0882% | 4h | 227.69 | +0.022% | $170K | $1.9M | 20x | as long as short |
Phoenix NVDA
SoDEX NVDA-USD
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Extended NVDA_24_5-USD
Lighter NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC