Funding you earn now, next payment 06:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.018%
Price spread now: Binance against SoDEX+0.027%45s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.027% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX NVDA-USD | 226.38 | 0.0050 | pay 0.0006% / 1h | 33m 27s | $59K | $19K | 10x |
| Short | Binance NVDAUSDT | 226.44 | 0.0078 | get 0.0078% / 8h | 2h 33m | $154.7M | $217.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SoDEX. 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
- $5.8
- Price spread: +0.027% → 0.000%
- $2.65
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$9.55
- Costs to cover
- 0.180%
- Break-even
- 18.5 days
Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 10 min ago. 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 0.22 bp | 5.2 bp −$5 | 6.4 bp −$64 | 19.5 bp −$1,946 | doesn't fit |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.49 | +0.048% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.40 | +0.009% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.41 | +0.013% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.42 | +0.018% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.47 | +0.040% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.70 | +0.141% | $21K | $410K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.23 | −0.066% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.075% | $198K | $461K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.71 | +0.146% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0003% | 8h | 226.65 | +0.119% | $3.6M | $2.1M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0009% | 1h | 226.42 | +0.020% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.44 | +0.029% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.50 | +0.053% | $397K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.45 | +0.031% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.57 | +0.084% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.29 | −0.040% | $147.0M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.40 | +0.009% | $399K | $277K | 10x | as long as short |
| SoDEX NVDA-USDlong | +0.0050% | 1h | 226.38 | long leg | $59K | $19K | 10x | |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.28 | −0.044% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.47 | +0.040% | $53K | $1.8M | 10x | as long as short |
| Nado NVDA-PERP | +0.0070% | 1h | 226.33 | −0.021% | $481K | $226K | 20x | as long as short |
| Binance NVDAUSDTshort | +0.0078% | 8h | 226.44 | +0.027% | $154.7M | $217.9M | 50x | |
| Hotstuff NVDA-PERP | +0.0088% | 1h | 226.38 | 0.000% | $35K | — | 20x | as long as short |
| Lighter RH NVDA | +0.0096% | 1h | 226.57 | +0.084% | $5.1M | $7.1M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.37 | −0.004% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.50 | +0.053% | $1.6M | $735K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.46 | +0.035% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.49 | +0.049% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.51 | +0.056% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.41 | +0.013% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.38 | 0.000% | $1.3M | $781K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0198% | 8h | 226.65 | +0.119% | $718K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.11 | +0.322% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0296% | 1h | 226.28 | −0.042% | $668K | $767K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0729% | 4h | 226.64 | +0.114% | $170K | $1.9M | 20x | as long as short |
SoDEX NVDA-USD
Binance NVDAUSDT
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
Variational Omni NVDA
Aftermath Perps NVDAUSD
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC