Funding you earn now, next payment 08:00 UTC−0.0145%/8h= −15.9% APRnext payment −$1.45 per $10,000 · paid last 24h −0.033%
Price spread now: HTX against Binance+0.006%7-day average −0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 7 days−0.190%−$19 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now +0.006%, 7d avg −0.015%
=The price spread pays, funding is against you. HTX is 0.020% dearer against Binance than usual: you sell high and buy low (spread +0.006% now, against its 7-day average of −0.015%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 11 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NVDAUSDT | 226.31 | 0.0145 | pay 0.0145% / 8h | 7m 30s | $155.3M | $219.6M | 50x |
| Short | HTX NVDA-USDT | 226.32 | 0 | get 0.0000% / 8h | 7m 30s | $198K | $439K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$30.47
- Price spread: +0.006% → −0.015%
- $2.03
- Slippage, 4 orders
- −$7.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$57.99
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; HTX: live order book, 31 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, 6 min ago | 0.22 bp | 5.2 bp −$5 | 6.5 bp −$65 | 16.7 bp −$1,670 | doesn't fit |
| Sell HTX live order book, 31 min ago | 0.22 bp | 11.6 bp −$12 | 13.2 bp −$132 | 16.8 bp −$1,679 | 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 | 226.29 | −0.008% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.29 | −0.008% | $14.1M | $20.3M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 226.16 | −0.065% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.28 | −0.012% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.37 | +0.028% | $15.9M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.95 | −0.158% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDTshort | 0.0000% | 8h | 226.32 | +0.006% | $198K | $439K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.56 | +0.112% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 226.08 | −0.099% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.26 | −0.021% | $392K | $738K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0044% | 8h | 226.28 | −0.014% | $21K | $424K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.34 | +0.015% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.18 | −0.056% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.03 | −0.122% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0060% | 8h | 226.30 | −0.005% | $482K | $530K | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.29 | −0.008% | $1.3M | $9.1M | 10x | as long as short |
| Polymarket Perps NVDA-USD | +0.0080% | 1h | 226.22 | −0.038% | $391K | $247K | 10x | as long as short |
| Variational Omni NVDA | +0.0083% | 8h | 226.23 | −0.035% | $3.5M | $2.3M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0088% | 1h | 226.16 | −0.065% | $146.9M | $43.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.16 | −0.065% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.03 | −0.122% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.28 | −0.012% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0101% | 8h | 226.32 | +0.006% | $1.6M | $825K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.32 | +0.006% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.096% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDTlong | +0.0145% | 8h | 226.31 | long leg | $155.3M | $219.6M | 50x | |
| Lighter NVDA | +0.0160% | 1h | 226.25 | −0.024% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0172% | 1h | 226.09 | −0.095% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.26 | −0.021% | $93K | $83K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.22 | −0.038% | $53K | $1.9M | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.103% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.38 | +0.032% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0264% | 8h | 226.31 | +0.001% | $711K | $195K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0304% | 4h | 226.28 | −0.010% | $170K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 226.02 | −0.127% | $644K | $875K | 10x | as long as short |
Binance NVDAUSDT
HTX NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
SoDEX NVDA-USD
Aster NVDAUSDT
Polymarket Perps NVDA-USD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Lighter NVDA
Phoenix NVDA
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
edgeX NVDAUSDC
Extended NVDA_24_5-USD