Funding you earn now, next payment 07:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.020%
Price spread now: Coinbase International against tradeXYZ+0.084%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$350.349% of the position
Funding, last 7 days+0.060%+$6 on $10k
+Price spread, last 4 days (all we have)−0.142%−$14 · spread now +0.084%, 7d avg −0.007%
=Together, before fees−0.082%+ Points / potential airdroptradeXYZ: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.091% dearer against tradeXYZ than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 226.10 | 0.0081 | pay 0.0010% / 1h | 56m 06s | $146.9M | $43.4M | 20x |
| Short | Coinbase International NVDA-PERP-INTX | 226.29 | 0.0120 | get 0.0015% / 1h | 56m 06s | $1.3M | $697K | 10x |
tradeXYZ xyz:NVDA
Coinbase International NVDA-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $8.25
- Price spread: +0.084% → −0.007%
- $9.05
- Slippage, 4 orders
- −$6.89
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$17.59
- Costs to cover
- 0.349%
- Break-even
- 21.9 days
Slippage from tradeXYZ: live order book, 3 min ago; Coinbase International: live order book, 2 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, 3 min ago | 0.44 bp | 9.7 bp −$10 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 2 min ago | 2.43 bp | 7.4 bp −$7 | 10.4 bp −$104 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.24 | +0.062% | $12.4M | $14.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.25 | +0.066% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.21 | +0.049% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.33 | +0.102% | $15.8M | $16.6M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.46 | +0.160% | $21K | $421K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.84 | −0.115% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.42 | +0.142% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.39 | +0.128% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0019% | 8h | 226.24 | +0.060% | $481K | $530K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0019% | 1h | 226.15 | +0.022% | $117K | $51K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0036% | 8h | 226.42 | +0.139% | $3.5M | $2.3M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.28 | +0.080% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.27 | +0.075% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.08 | −0.009% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.13 | +0.013% | $1.6M | $1.9M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.18 | +0.035% | $35K | — | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.20 | +0.044% | $1.3M | $9.1M | 10x | as long as short |
| Polymarket Perps NVDA-USD | +0.0072% | 1h | 226.19 | +0.040% | $391K | $247K | 10x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0081% | 1h | 226.10 | long leg | $146.9M | $43.4M | 20x | |
| Pacifica NVDA | +0.0100% | 1h | 226.07 | −0.013% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.26 | +0.071% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | +0.049% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.20 | +0.044% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.24 | +0.060% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0106% | 8h | 226.27 | +0.075% | $154.3M | $218.3M | 50x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.30 | +0.088% | $93K | $83K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTXshort | +0.0120% | 1h | 226.29 | +0.084% | $1.3M | $697K | 10x | |
| Lighter NVDA | +0.0144% | 1h | 226.20 | +0.044% | $2.1M | $3.2M | 20x | as long as short |
| Nado NVDA-PERP | +0.0161% | 1h | 226.03 | −0.029% | $480K | $223K | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 226.34 | +0.106% | $5.1M | $6.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.58 | +0.212% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0224% | 8h | 226.42 | +0.142% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 225.96 | −0.062% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.16 | +0.027% | $53K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0596% | 4h | 226.37 | +0.119% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
QFEX NVDA-USD
Polymarket Perps NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Binance NVDAUSDT
Phoenix NVDA
Lighter NVDA
Nado NVDA-PERP
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC