Funding you earn now, next payment 02:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Arcus against tradeXYZ−0.018%7-day average −0.036% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$380.381% of the position
Funding, last 3 days (all we have)+0.039%+$4 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now −0.018%, 7d avg −0.036%
=Together, before fees−0.019%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.036%, so right now this pair is about funding alone: $0 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.72 | 0.0050 | pay 0.0006% / 1h | 17m 29s | $148.1M | $44.6M | 20x |
| Short | Arcus NVDA-USD | 227.68 | 0.0040 | get 0.0005% / 1h | 17m 29s | $400K | $723K | 20x |
tradeXYZ xyz:NVDA
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$2.04
- Price spread: −0.018% → −0.036%
- $1.84
- Slippage, 4 orders
- −$15.58
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$38.29
- Costs to cover
- 0.381%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Arcus: live order book, 51 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 tradeXYZ live order book, 12 min ago | 0.22 bp | 9.2 bp −$9 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 51 min ago | 1.32 bp | 9.0 bp −$9 | 10.3 bp −$103 | doesn't fit | doesn't fit |
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 | 227.78 | +0.028% | $484K | $590K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.86 | +0.061% | $12.7M | $15.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.88 | +0.070% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.80 | +0.035% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.90 | +0.079% | $15.4M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.29 | −0.189% | $2K | $3.8M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.96 | +0.105% | $198K | $495K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.91 | +0.083% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.67 | −0.021% | $118K | $54K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0020% | 8h | 227.82 | +0.044% | $20K | $388K | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_PerpShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0022% | 8h | 227.79 | +0.032% | $3.5M | $2.0M | — | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 227.68 | −0.018% | $400K | $723K | 20x | |
| QFEX NVDA-USD | +0.0045% | 1h | 227.85 | +0.057% | $1.4M | $10.0M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.98 | +0.114% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.72 | long leg | $148.1M | $44.6M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.82 | +0.044% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.67 | −0.022% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.67 | −0.022% | $1.6M | $2.0M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0056% | 1h | 227.74 | +0.009% | $35K | — | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.114% | $1.3M | $786K | 10x | as long as short |
| Nado NVDA-PERP | +0.0081% | 1h | 227.77 | +0.022% | $484K | $229K | 20x | as long as short |
| Binance NVDAUSDT | +0.0084% | 8h | 227.90 | +0.077% | $156.4M | $215.8M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.73 | +0.005% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.69 | −0.013% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.81 | +0.040% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0101% | 1h | 227.74 | +0.009% | $49K | $1.5M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.82 | +0.044% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.66 | −0.026% | $94K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 227.90 | +0.077% | $2.2M | $3.2M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0131% | 8h | 227.91 | +0.083% | $1.6M | $736K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 228.03 | +0.136% | $5.1M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0168% | 1h | 227.69 | −0.011% | $689K | $714K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.09 | +0.162% | $73K | $138 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0460% | 4h | 227.77 | +0.021% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Phoenix NVDA
Lighter NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP
edgeX NVDAUSDC