Funding you earn now, next payment 08:00 UTC−0.0122%/8h= −13.3% APRnext payment −$1.22 per $10,000 · paid last 24h −0.021%
Price spread now: Binance against BloFin−0.013%651s7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as 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−$230.233% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 2 days (all we have)+0.034%+$3 · spread now −0.013%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate. The two prices were read 651 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NVDA-USDT | 227.78 | 0.0203 | pay 0.0203% / 8h | 6h 38m | $723K | $204K | 20x |
| Short | Binance NVDAUSDT | 227.75 | 0.0081 | get 0.0081% / 8h | 6h 38m | $156.3M | $216.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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
- −$25.57
- Price spread: −0.013% → −0.001%
- −$1.26
- Slippage, 4 orders
- −$1.32
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$50.15
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 28 min ago; Binance: live order book, 5 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 BloFin live order book, 28 min ago | 0.44 bp | 6.4 bp −$6 | 7.1 bp −$71 | 14.1 bp −$1,411 | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.22 bp | 5.2 bp −$5 | 6.0 bp −$60 | 20.0 bp −$2,001 | 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 | 227.73 | −0.024% | $484K | $581K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.67 | −0.048% | $12.7M | $15.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.72 | −0.026% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.67 | −0.048% | $7.2M | $9.5M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.76 | −0.009% | $15.4M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.18 | −0.263% | $3K | $3.8M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.64 | −0.061% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.75 | −0.013% | $198K | $502K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.77 | −0.004% | $2.2M | $43K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0008% | 1h | 227.58 | −0.088% | $35K | — | 20x | 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 | +0.0013% | 1h | 227.58 | −0.087% | $118K | $54K | 10x | as long as short |
| Variational Omni NVDA | +0.0017% | 8h | 227.69 | −0.040% | $3.5M | $1.9M | — | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.56 | −0.099% | $693K | $709K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.57 | −0.092% | $400K | $724K | 20x | as long as short |
| QFEX NVDA-USD | +0.0045% | 1h | 227.71 | −0.031% | $1.5M | $10.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.84 | +0.026% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.56 | −0.097% | $148.0M | $44.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.68 | −0.044% | $402K | $280K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.56 | −0.097% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.54 | −0.105% | $1.5M | $2.1M | 15x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0052% | 8h | 227.71 | −0.031% | $20K | $386K | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.140% | $1.3M | $788K | 10x | as long as short |
| Nado NVDA-PERP | +0.0073% | 1h | 227.63 | −0.064% | $484K | $230K | 20x | as long as short |
| Binance NVDAUSDTshort | +0.0081% | 8h | 227.75 | −0.013% | $156.3M | $216.2M | 50x | |
| Pacifica NVDA | +0.0100% | 1h | 227.60 | −0.077% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.58 | −0.088% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.68 | −0.044% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.66 | −0.053% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.63 | −0.066% | $94K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 227.75 | −0.014% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 227.87 | +0.040% | $5.1M | $7.0M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0134% | 8h | 227.72 | −0.026% | $1.6M | $737K | 20x | as long as short |
| BloFin NVDA-USDTlong | +0.0203% | 8h | 227.78 | long leg | $723K | $204K | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.96 | +0.079% | $73K | $135 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0806% | 4h | 227.71 | −0.030% | $170K | $1.9M | 20x | as long as short |
BloFin NVDA-USDT
Binance NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
GRVT NVDA_USDT_Perp
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Phoenix NVDA
Lighter NVDA
Lighter RH NVDA
KuCoin NVDAUSDTM
Injective NVDA/USDC PERP
edgeX NVDAUSDC