Funding you earn now, next payment 00:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.041%
Price spread now: Hotstuff against Arcus+0.009%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 227.29 | 0.0127 | pay 0.0016% / 1h | 45m 51s | $399K | $724K | 20x |
| Short | Hotstuff NVDA-PERP | 227.31 | 0.0024 | get 0.0003% / 1h | 45m 51s | $35K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff against Arcus. 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
- −$21.73
- Price spread: +0.009% → 0.000%
- $0.88
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$30.35
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 33 min ago; Hotstuff: no order-book sample. 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 Arcus live order book, 33 min ago | 0.66 bp | 7.7 bp −$8 | 12.5 bp −$125 | doesn't fit | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: 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 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 | 227.42 | +0.057% | $482K | $587K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.49 | +0.088% | $12.7M | $15.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.52 | +0.101% | $14.4M | $21.1M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.44 | +0.066% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.46 | +0.073% | $3.5M | $2.1M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.48 | +0.083% | $20K | $427K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.96 | −0.145% | $3K | $4.0M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.48 | +0.084% | $198K | $524K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.54 | +0.110% | $2.2M | $42K | 10x | as long as short |
| Hotstuff NVDA-PERPshort | +0.0024% | 1h | 227.31 | +0.009% | $35K | — | 20x |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0030% | 1h | 227.46 | +0.077% | $118K | $55K | 10x | as long as short |
| Binance NVDAUSDT | +0.0041% | 8h | 227.55 | +0.114% | $156.4M | $220.2M | 50x | as long as short |
| Bitget NVDAUSDT | +0.0043% | 8h | 227.55 | +0.114% | $15.6M | $17.8M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.49 | +0.088% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.36 | +0.031% | $147.3M | $48.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.34 | +0.022% | $401K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.32 | +0.013% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.26 | −0.013% | $1.6M | $2.1M | 15x | as long as short |
| Extended NVDA_24_5-USD | +0.0056% | 1h | 227.34 | +0.023% | $536K | $446K | 10x | as long as short |
| QFEX NVDA-USD | +0.0060% | 1h | 227.45 | +0.070% | $1.6M | $11.4M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.45 | +0.072% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.123% | $1.3M | $862K | 10x | as long as short |
| Nado NVDA-PERP | +0.0098% | 1h | 227.28 | −0.004% | $483K | $228K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.29 | 0.000% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.51 | +0.097% | $1.6M | $746K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.31 | +0.009% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.44 | +0.066% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.34 | +0.022% | $93K | $112K | 20x | as long as short |
| Arcus NVDA-USDlong | +0.0127% | 1h | 227.29 | long leg | $399K | $724K | 20x | |
| BloFin NVDA-USDT | +0.0160% | 8h | 227.48 | +0.084% | $671K | $204K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0183% | 4h | 227.45 | +0.069% | $170K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.73 | +0.194% | $73K | $135 | 30x | as long as short |
| Lighter NVDA | +0.0248% | 1h | 227.52 | +0.103% | $2.1M | $3.3M | 20x | as long as short |
| Lighter RH NVDA | +0.0256% | 1h | 227.64 | +0.154% | $5.1M | $7.2M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0410% | 1h | 227.41 | +0.053% | $49K | $1.4M | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Binance NVDAUSDT
Bitget NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Extended NVDA_24_5-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
BloFin NVDA-USDT
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Lighter NVDA
Lighter RH NVDA
Deribit NVDA_USDC-PERPETUAL