Funding you earn now, next payment 01:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.033%
Price spread now: Deribit against SoDEX+0.035%7-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 +$2 a day on $10k at the current rate, and Deribit is 0.035% dearer against SoDEX than usual: you sell high and buy low: +$4 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 | SoDEX NVDA-USD | 227.45 | 0.0050 | pay 0.0006% / 1h | 53m 18s | $58K | $20K | 10x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.53 | 0.0102 | get 0.0013% / 1h | 53m 18s | $49K | $1.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.86
- Price spread: +0.035% → 0.000%
- $3.52
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$0.62
- Costs to cover
- 0.150%
- Break-even
- 7.4 days
Slippage unknown: SoDEX: no order-book sample; Deribit: live order book, 1 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 Deribit live order book, 1 min ago | 3.95 bp | 7.5 bp −$7 | 9.1 bp −$91 | doesn't fit | 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 | 227.56 | +0.049% | $483K | $586K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.65 | +0.088% | $12.7M | $15.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.62 | +0.075% | $14.4M | $20.7M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.56 | +0.048% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.56 | +0.050% | $3.6M | $1.9M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.64 | +0.084% | $20K | $406K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.14 | −0.136% | $2K | $3.9M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.48 | +0.013% | $197K | $516K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.66 | +0.092% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.45 | +0.002% | $118K | $56K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget NVDAUSDT | +0.0027% | 8h | 227.68 | +0.101% | $15.5M | $17.1M | 100x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.47 | +0.007% | $535K | $447K | 10x | as long as short |
| Binance NVDAUSDT | +0.0035% | 8h | 227.66 | +0.093% | $156.4M | $218.7M | 50x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.46 | +0.004% | $400K | $724K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 227.56 | +0.048% | $1.6M | $11.4M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.71 | +0.114% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USDlong | +0.0050% | 1h | 227.45 | long leg | $58K | $20K | 10x | |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.46 | +0.004% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0057% | 1h | 227.57 | +0.052% | $484K | $229K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0057% | 1h | 227.58 | +0.057% | $402K | $289K | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0080% | 1h | 227.46 | +0.004% | $1.3M | $823K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.58 | +0.059% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.50 | +0.022% | $298K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.44 | −0.004% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.62 | +0.075% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.0102% | 1h | 227.53 | +0.035% | $49K | $1.4M | 10x | |
| Lighter NVDA | +0.0104% | 1h | 227.69 | +0.106% | $2.2M | $3.2M | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.48 | +0.013% | $94K | $112K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0108% | 1h | 227.50 | +0.022% | $148.0M | $46.8M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0117% | 8h | 227.62 | +0.075% | $1.6M | $742K | 20x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 227.81 | +0.158% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0139% | 8h | 227.63 | +0.079% | $714K | $205K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.89 | +0.193% | $73K | $135 | 30x | as long as short |
| Hotstuff NVDA-PERP | +0.0288% | 1h | 227.48 | +0.013% | $35K | — | 20x | as long as short |
| edgeX NVDAUSDC | +0.0387% | 4h | 227.61 | +0.071% | $170K | $1.9M | 20x | as long as short |
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Bitget NVDAUSDT
Extended NVDA_24_5-USD
Binance NVDAUSDT
Polymarket Perps NVDA-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Lighter NVDA
Phoenix NVDA
tradeXYZ xyz:NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC