Funding you earn now, next payment 01:00 UTC−0.0022%/8h= −2.4% APRnext payment −$0.03 per $10,000 · paid last 24h −0.021%
Price spread now: tradeXYZ against Coinbase International+0.101%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 3 days (all we have)−0.049%−$5 · spread now +0.101%, 7d avg +0.005%
=Together, before fees−0.108%+ Points / potential airdroptradeXYZ: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.096% dearer against Coinbase International than usual: you sell high and buy low (spread +0.101% now, against its 7-day average of +0.005%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NVDA-PERP-INTX | 227.46 | 0.0072 | pay 0.0009% / 1h | 14m 08s | $1.3M | $783K | 10x |
| Short | tradeXYZ xyz:NVDA | 227.69 | 0.0050 | get 0.0006% / 1h | 14m 08s | $148.1M | $44.6M | 20x |
Coinbase International NVDA-PERP-INTX
tradeXYZ xyz:NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Coinbase International. 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
- −$4.62
- Price spread: +0.101% → +0.005%
- $9.63
- Slippage, 4 orders
- −$8.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.38
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, 4 min ago; tradeXYZ: live order book, 6 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 Coinbase International live order book, 4 min ago | 2.63 bp | 8.1 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.22 bp | 9.3 bp −$9 | 11.0 bp −$110 | doesn't fit | doesn't fit |
NVDA on 34 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 | 227.80 | +0.151% | $484K | $590K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.80 | +0.149% | $12.7M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.82 | +0.158% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.76 | +0.132% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.84 | +0.167% | $15.4M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.28 | −0.079% | $2K | $3.8M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.84 | +0.167% | $198K | $494K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.90 | +0.193% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.78 | +0.142% | $118K | $54K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.72 | +0.114% | $49K | $1.5M | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUALShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0020% | 8h | 227.82 | +0.158% | $20K | $388K | 10x | as long as short |
| Variational Omni NVDA | +0.0022% | 8h | 227.80 | +0.151% | $3.5M | $2.0M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.66 | +0.088% | $400K | $723K | 20x | as long as short |
| QFEX NVDA-USD | +0.0045% | 1h | 227.79 | +0.145% | $1.4M | $9.9M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.92 | +0.202% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAshort | +0.0050% | 1h | 227.69 | +0.101% | $148.1M | $44.6M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.74 | +0.123% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.66 | +0.088% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.64 | +0.079% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTXlong | +0.0072% | 1h | 227.46 | long leg | $1.3M | $783K | 10x | |
| Nado NVDA-PERP | +0.0080% | 1h | 227.69 | +0.099% | $484K | $229K | 20x | as long as short |
| Binance NVDAUSDT | +0.0084% | 8h | 227.86 | +0.174% | $156.4M | $215.8M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.66 | +0.087% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.69 | +0.101% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.79 | +0.145% | $36K | $22K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0104% | 1h | 227.63 | +0.075% | $35K | — | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.78 | +0.142% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.66 | +0.088% | $94K | $112K | 20x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 227.82 | +0.158% | $2.2M | $3.2M | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0129% | 8h | 227.86 | +0.176% | $1.6M | $736K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 227.94 | +0.211% | $5.1M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0176% | 1h | 227.63 | +0.077% | $689K | $714K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.09 | +0.277% | $73K | $138 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0460% | 4h | 227.77 | +0.135% | $170K | $1.9M | 20x | as long as short |
GRVT NVDA_USDT_Perp
Variational Omni NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Hotstuff NVDA-PERP
Aevo NVDA-PERP
Phoenix NVDA
Lighter NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP
edgeX NVDAUSDC