NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.02 per $10,000 · paid last 24h +0.017%

Price spread now: Extended against tradeXYZ−0.025%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$33as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.318% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.016%−$2 on $10k

Price spread, last 4 days (all we have)−0.026%−$3 · spread now −0.025%, 7d avg +0.005%

Together, before fees−0.042%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.030% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.005%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NVDA	226.05	0.0050	pay 0.0006% / 1h	21m 12s	$146.8M	$43.3M	20x
Short	Extended NVDA_24_5-USD	225.99	0.0032	get 0.0004% / 1h	21m 12s	$640K	$874K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee ExtendedbpOrdersPrice spread, now −0.025%Rate

Funding earned: −$3.78
Price spread: −0.025% → +0.005%: −$3.01
Slippage, 4 orders: −$8.85
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$38.63
Costs to cover: 0.318%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 9 min ago; Extended: live order book, 12 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, 9 min ago	0.44 bp	9.4 bp −$9	10.4 bp −$104	doesn't fit	doesn't fit
Sell Extended live order book, 12 min ago	0.22 bp	8.8 bp −$9	32.4 bp −$324	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
Hotstuff NVDA-PERP	−0.0104%	1h	226.04	−0.004%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.21	+0.071%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.24	+0.084%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.18	+0.058%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.29	+0.106%	$15.8M	$15.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.22	+0.074%	$21K	$431K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.94	−0.049%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.28	+0.102%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.168%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	225.98	−0.030%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.11	+0.026%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USDshort	+0.0032%	1h	225.99	−0.025%	$640K	$874K	10x
Arcus NVDA-USD	+0.0040%	1h	226.14	+0.040%	$392K	$739K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.30	+0.111%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	226.05	long leg	$146.8M	$43.3M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	226.05	0.000%	$390K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.08	+0.013%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.01	−0.018%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0062%	1h	226.01	−0.019%	$480K	$222K	20x	as long as short
Aster NVDAUSDT	+0.0062%	8h	226.22	+0.073%	$483K	$544K	20x	as long as short
Lighter RH NVDA	+0.0064%	1h	226.28	+0.102%	$5.1M	$7.2M	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.20	+0.066%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0086%	8h	226.07	+0.009%	$3.2M	$2.5M	—	as long as short
Pacifica NVDA	+0.0100%	1h	226.02	−0.013%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.02	−0.013%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.19	+0.062%	$36K	$20K	20x	as long as short
KuCoin NVDAUSDTM	+0.0103%	8h	226.22	+0.075%	$1.6M	$999K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.22	+0.076%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.00	−0.022%	$1.3M	$682K	10x	as long as short
Binance NVDAUSDT	+0.0148%	8h	226.26	+0.093%	$155.1M	$222.2M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.03	−0.009%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.217%	$73K	$138	30x	as long as short
BloFin NVDA-USDT	+0.0268%	8h	226.28	+0.102%	$715K	$200K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0325%	1h	226.15	+0.044%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0643%	4h	226.20	+0.066%	$171K	$1.9M	20x	as long as short