Funding you earn now, next payment 10:00 UTC−0.0046%/8h= −5.0% APRnext payment −$0.06 per $10,000 · paid last 24h +0.035%
Price spread now: Deribit against Vest−0.141%48s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Deribit is 0.141% cheaper against Vest than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Vest NVDA-USD-PERP | 226.75 | 0.0046 | pay 0.0006% / 1h | 18m 33s | — | $74K | 25x |
| Short | Deribit NVDA_USDC-PERPETUAL | 226.43 | 0 | get 0.0000% / 1h | 18m 33s | $37K | $1.9M | 10x |
Vest NVDA-USD-PERP
Deribit NVDA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Vest. 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
- −$9.59
- Price spread: −0.141% → 0.000%
- −$14.11
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$32.71
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Vest: no order-book sample; Deribit: live order book, 4 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 Vest no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 4 min ago | 0.22 bp | 3.7 bp −$4 | 5.5 bp −$55 | doesn't fit | doesn't fit |
Vest: 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 exchanges
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 | 226.62 | −0.057% | $12.7M | $15.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.61 | −0.062% | $14.3M | $20.3M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 226.43 | −0.141% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.52 | −0.101% | $7.2M | $9.5M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.67 | −0.035% | $15.6M | $15.9M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.282% | $2K | $3.4M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | 0.0000% | 1h | 226.43 | −0.141% | $37K | $1.9M | 10x | |
| HTX NVDA-USDT | 0.0000% | 8h | 226.64 | −0.049% | $198K | $400K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.71 | −0.018% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.51 | −0.106% | $117K | $51K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Hotstuff NVDA-PERP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.47 | −0.124% | $616K | $930K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0040% | 8h | 226.64 | −0.049% | $21K | $430K | 10x | as long as short |
| Vest NVDA-USD-PERPlong | +0.0046% | 1h | 226.75 | long leg | — | $74K | 25x | |
| QFEX NVDA-USD | +0.0047% | 1h | 226.61 | −0.062% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.52 | −0.101% | $147.8M | $45.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.55 | −0.088% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.45 | −0.132% | $59K | $17K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.30 | −0.198% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0075% | 8h | 226.58 | −0.075% | $484K | $565K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.57 | −0.078% | $2.1M | $3.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.45 | −0.131% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.45 | −0.132% | $16K | $45K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.53 | −0.097% | $36K | $19K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.57 | −0.079% | $93K | $83K | 20x | as long as short |
| Nado NVDA-PERP | +0.0111% | 1h | 226.49 | −0.113% | $478K | $209K | 20x | as long as short |
| Variational Omni NVDA | +0.0114% | 8h | 226.54 | −0.093% | $3.3M | $2.4M | — | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.55 | −0.090% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.45 | −0.132% | $1.3M | $665K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0131% | 8h | 226.62 | −0.057% | $1.6M | $1.2M | 20x | as long as short |
| Binance NVDAUSDT | +0.0164% | 8h | 226.66 | −0.041% | $155.3M | $223.2M | 50x | as long as short |
| Lighter RH NVDA | +0.0176% | 1h | 226.73 | −0.009% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.08 | +0.146% | $73K | $138 | 30x | as long as short |
| Arcus NVDA-USD | +0.0225% | 1h | 226.55 | −0.088% | $383K | $703K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0284% | 8h | 226.62 | −0.057% | $726K | $201K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0693% | 4h | 226.54 | −0.092% | $170K | $1.9M | 20x | as long as short |
Extended NVDA_24_5-USD
GRVT NVDA_USDT_Perp
QFEX NVDA-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Aster NVDAUSDT
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Phoenix NVDA
Nado NVDA-PERP
Variational Omni NVDA
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
KuCoin NVDAUSDTM
Binance NVDAUSDT
Lighter RH NVDA
Injective NVDA/USDC PERP
Arcus NVDA-USD
BloFin NVDA-USDT
edgeX NVDAUSDC