Funding you earn now, next payment 08:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.35 per $10,000 · paid last 24h −0.025%
Price spread now: SunX against Bitget−0.215%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$780.783% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 3 days (all we have)+0.069%+$7 · spread now −0.215%, 7d avg −0.143%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.072% cheaper against Bitget than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.143%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 227.76 | 0.0035 | pay 0.0035% / 8h | 7h 50m | $15.5M | $17.1M | 100x |
| Short | SunX NVDA-USDT | 227.27 | 0 | get 0.0000% / 8h | 7h 50m | $2K | $3.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$7.35
- Price spread: −0.215% → −0.143%
- −$7.24
- Slippage, 4 orders
- −$58.29
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$92.89
- Costs to cover
- 0.783%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 3 min ago; SunX: live order book, 7 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, 3 min ago | 0.22 bp | 7.0 bp −$7 | 10.7 bp −$107 | 19.0 bp −$1,903 | doesn't fit |
| Sell SunX live order book, 7 min ago | 21.98 bp | 26.0 bp −$26 | 55.8 bp −$558 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.62 | −0.062% | $483K | $586K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.73 | −0.013% | $12.7M | $15.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.72 | −0.018% | $14.4M | $20.7M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.66 | −0.044% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.71 | −0.022% | $3.6M | $1.9M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.66 | −0.044% | $20K | $406K | 10x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 227.27 | −0.215% | $2K | $3.9M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 227.48 | −0.123% | $197K | $516K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.73 | −0.013% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.47 | −0.127% | $118K | $56K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.62 | −0.061% | $535K | $447K | 10x | as long as short |
| Bitget NVDAUSDTlong | +0.0035% | 8h | 227.76 | long leg | $15.5M | $17.1M | 100x | |
| Binance NVDAUSDT | +0.0037% | 8h | 227.76 | +0.002% | $156.4M | $218.6M | 50x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.54 | −0.097% | $400K | $724K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 227.69 | −0.031% | $1.6M | $11.4M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.84 | +0.035% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.60 | −0.070% | $148.0M | $46.9M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.68 | −0.035% | $402K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.57 | −0.083% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.46 | −0.132% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.65 | −0.048% | $49K | $1.4M | 10x | as long as short |
| Nado NVDA-PERP | +0.0058% | 1h | 227.66 | −0.042% | $484K | $229K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0080% | 1h | 227.46 | −0.132% | $1.3M | $823K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.67 | −0.041% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.58 | −0.079% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.54 | −0.097% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.70 | −0.026% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.65 | −0.048% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0118% | 8h | 227.70 | −0.026% | $1.6M | $743K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 227.76 | −0.001% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0120% | 1h | 227.89 | +0.057% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0146% | 8h | 227.77 | +0.004% | $714K | $205K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.89 | +0.057% | $73K | $135 | 30x | as long as short |
| Hotstuff NVDA-PERP | +0.0232% | 1h | 227.64 | −0.053% | $35K | — | 20x | as long as short |
| edgeX NVDAUSDC | +0.0364% | 4h | 227.63 | −0.057% | $170K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
SunX NVDA-USDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Extended NVDA_24_5-USD
Binance NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter NVDA
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC