Funding you earn now, next payment 08:00 UTC+0.0205%/8h= +22.5% APRnext payment +$2.05 per $10,000 · paid last 24h +0.027%
Price spread now: BloFin against Bitget−0.009%75s7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.009%, 7d avg −0.018%
=The price spread sits at its 7-day average of −0.018%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.05 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 226.50 | 0 | get 0.0000% / 8h | 1h 27m | $15.2M | $16.0M | 100x |
| Short | BloFin NVDA-USDT | 226.48 | 0.0205 | get 0.0205% / 8h | 1h 27m | $715K | $194K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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
- $43.06
- Price spread: −0.009% → −0.018%
- $0.92
- Slippage, 4 orders
- −$4.12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $15.86
- Costs to cover
- 0.281%
- Break-even
- 4.4 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 59 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 Bitget live order book, 1 min ago | 0.22 bp | 7.2 bp −$7 | 9.8 bp −$98 | 19.6 bp −$1,960 | doesn't fit |
| Sell BloFin live order book, 59 min ago | 0.44 bp | 7.3 bp −$7 | 8.6 bp −$86 | 17.2 bp −$1,718 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.49 | −0.005% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.47 | −0.013% | $12.4M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.43 | −0.031% | $14.1M | $20.6M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.43 | −0.031% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDTlong | 0.0000% | 8h | 226.50 | long leg | $15.2M | $16.0M | 100x | |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.34 | −0.071% | $21K | $419K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.172% | $2K | $3.6M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.41 | −0.040% | $53K | $1.8M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | −0.018% | $198K | $452K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.60 | +0.044% | $2.2M | $42K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 226.19 | −0.137% | $117K | $51K | 10x | as long as short |
| Variational Omni NVDA | +0.0016% | 8h | 226.32 | −0.082% | $3.5M | $2.2M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.32 | −0.079% | $398K | $731K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.57 | +0.031% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.34 | −0.071% | $147.0M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.40 | −0.044% | $391K | $285K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.33 | −0.075% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.08 | −0.185% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.48 | −0.009% | $1.3M | $9.1M | 10x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.46 | −0.019% | $2.1M | $3.3M | 20x | as long as short |
| Binance NVDAUSDT | +0.0085% | 8h | 226.48 | −0.009% | $154.5M | $217.9M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.33 | −0.075% | $297K | $46K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.40 | −0.044% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.16 | −0.150% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.43 | −0.031% | $36K | $21K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0104% | 1h | 226.34 | −0.071% | $35K | — | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.46 | −0.018% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.26 | −0.106% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.093% | $1.3M | $732K | 10x | as long as short |
| Lighter RH NVDA | +0.0120% | 1h | 226.59 | +0.040% | $5.0M | $7.0M | 20x | as long as short |
| Nado NVDA-PERP | +0.0126% | 1h | 226.36 | −0.062% | $481K | $224K | 20x | as long as short |
| BloFin NVDA-USDTshort | +0.0205% | 8h | 226.48 | −0.009% | $715K | $194K | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.67 | +0.075% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0424% | 1h | 226.36 | −0.062% | $635K | $807K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0818% | 4h | 226.29 | −0.091% | $170K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
BloFin NVDA-USDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Lighter NVDA
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC