Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.5% APRnext payment −$0.86 per $10,000 · paid last 24h −0.007%
Price spread now: Bitget against Binance−0.006%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 7 days−0.021%−$2 on $10k
+Price spread, last 7 days+0.046%+$5 · spread now −0.006%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.021% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVDAUSDT | 226.53 | 0.0086 | pay 0.0086% / 8h | 1h 50m | $154.4M | $219.1M | 50x |
| Short | Bitget NVDAUSDT | 226.52 | 0 | get 0.0000% / 8h | 1h 50m | $15.2M | $16.3M | 100x |
Binance NVDAUSDT
Bitget NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$18.14
- Price spread: −0.006% → +0.015%
- −$2.08
- Slippage, 4 orders
- −$2.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$44.82
- Costs to cover
- 0.246%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bitget: 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 Binance live order book, 8 min ago | 0.22 bp | 5.2 bp −$5 | 5.8 bp −$58 | 16.4 bp −$1,643 | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.22 bp | 6.9 bp −$7 | 10.1 bp −$101 | 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 | 226.51 | −0.010% | $12.4M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.50 | −0.015% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.50 | −0.015% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDTshort | 0.0000% | 8h | 226.52 | −0.006% | $15.2M | $16.3M | 100x | |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.49 | −0.019% | $21K | $420K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.187% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.72 | +0.082% | $198K | $455K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.59 | +0.025% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.53 | −0.002% | $482K | $571K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 226.33 | −0.088% | $117K | $52K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
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 | +0.0014% | 8h | 226.44 | −0.042% | $3.6M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.41 | −0.055% | $398K | $735K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.49 | −0.019% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.36 | −0.077% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.36 | −0.077% | $398K | $279K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.29 | −0.108% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.30 | −0.103% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.48 | −0.024% | $1.3M | $9.1M | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.33 | −0.090% | $35K | — | 20x | as long as short |
| Binance NVDAUSDTlong | +0.0086% | 8h | 226.53 | long leg | $154.4M | $219.1M | 50x | |
| Pacifica NVDA | +0.0100% | 1h | 226.33 | −0.089% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.51 | −0.010% | $1.6M | $747K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.31 | −0.099% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.42 | −0.050% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.40 | −0.057% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.38 | −0.068% | $93K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0112% | 1h | 226.48 | −0.024% | $2.1M | $3.3M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.108% | $1.3M | $789K | 10x | as long as short |
| Nado NVDA-PERP | +0.0151% | 1h | 226.27 | −0.116% | $481K | $226K | 20x | as long as short |
| Lighter RH NVDA | +0.0168% | 1h | 226.59 | +0.025% | $5.0M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0205% | 8h | 226.45 | −0.037% | $716K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.74 | +0.091% | $73K | $136 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0280% | 1h | 226.38 | −0.068% | $52K | $1.8M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0416% | 1h | 226.26 | −0.121% | $667K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0903% | 4h | 226.48 | −0.025% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Hotstuff NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Lighter NVDA
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERP
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC