Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: SunX against tradeXYZ−0.088%7-day average −0.064% · you buy dearer than you sell
Net, funding: paid 7d − costs−$98as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$840.836% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 4 days (all we have)−0.017%−$2 · spread now −0.088%, 7d avg −0.064%
=Together, before fees−0.164%+ Points / potential airdroptradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.025% cheaper against tradeXYZ than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.064%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 226.81 | 0.0050 | pay 0.0006% / 1h | 15m 00s | $147.4M | $43.4M | 20x |
| Short | SunX NVDA-USDT | 226.61 | 0 | get 0.0000% / 8h | 3h 15m | $2K | $3.7M | 20x |
tradeXYZ xyz:NVDA
SunX NVDA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$10.5
- Price spread: −0.088% → −0.064%
- −$2.45
- Slippage, 4 orders
- −$57.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$96.5
- Costs to cover
- 0.836%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; SunX: live order book, 3 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, 4 min ago | 0.22 bp | 9.7 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 22.03 bp | 26.0 bp −$26 | 55.6 bp −$556 | 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 | 226.94 | +0.057% | $12.6M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.95 | +0.062% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.92 | +0.048% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.03 | +0.097% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.04 | +0.101% | $21K | $399K | 10x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 226.61 | −0.088% | $2K | $3.7M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 227.03 | +0.097% | $197K | $461K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.29 | +0.212% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0006% | 8h | 227.03 | +0.097% | $482K | $569K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.89 | +0.033% | $118K | $52K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
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 | +0.0028% | 8h | 226.96 | +0.064% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.94 | +0.058% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.95 | +0.062% | $398K | $738K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.01 | +0.088% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.09 | +0.123% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 226.81 | long leg | $147.4M | $43.4M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.96 | +0.066% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.85 | +0.018% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.73 | −0.035% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0060% | 1h | 226.90 | +0.041% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0093% | 8h | 226.97 | +0.071% | $155.4M | $216.5M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.90 | +0.039% | $298K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.03 | +0.097% | $1.6M | $729K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.86 | +0.022% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.97 | +0.071% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.93 | +0.053% | $49K | $1.7M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.98 | +0.076% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.11 | +0.132% | $1.3M | $781K | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 227.10 | +0.128% | $5.1M | $7.1M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0136% | 1h | 226.86 | +0.022% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 226.87 | +0.026% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0213% | 8h | 227.03 | +0.097% | $719K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0216% | 1h | 226.81 | +0.002% | $672K | $765K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.32 | +0.225% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0261% | 4h | 227.00 | +0.085% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Hotstuff NVDA-PERP
Phoenix NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP
edgeX NVDAUSDC