NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.13 per $10,000 · paid last 24h −0.017%

Price spread now: Pacifica against Deribit−0.044%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.264% of the position

Long on Deribit Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.070%−$7 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.044%, 7d avg −0.024%

Together, before fees+0.018%+ Points / potential airdropPacifica: Active · farm board+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.021% cheaper against Deribit than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of −0.024%). If the spread goes back, that is −$2 on $10k: about 17 hours of funding at the current rate (+$3 a day). Mind the row above: over the last 5 days funding on this pair cost −0.070%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	227.49	0	get 0.0000% / 1h	49m 50s	$16K	$1.9M	10x
Short	Pacifica NVDA	227.39	0.0100	get 0.0013% / 1h	49m 50s	$298K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Deribit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee DeribitbpFee PacificabpOrdersPrice spread, now −0.044%Rate

Funding earned: $21
Price spread: −0.044% → −0.024%: −$2.09
Slippage, 4 orders: −$11.37
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$7.46
Costs to cover: 0.264%
Break-even: 9.5 days

Slippage from Deribit: live order book, 2 min ago; Pacifica: live order book, 61 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 Deribit live order book, 2 min ago	0.22 bp	8.5 bp −$8	11.0 bp −$110	doesn't fit	doesn't fit
Sell Pacifica live order book, 61 min ago	1.99 bp	6.4 bp −$6	doesn't fit	doesn't fit	doesn't fit

NVDA on 35 exchanges

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
Hotstuff NVDA-PERP	−0.1600%	1h	225.99	−0.659%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.66	+0.075%	$12.8M	$15.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.65	+0.070%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.55	+0.026%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.65	+0.070%	$15.7M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.19	−0.132%	$2K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.0000%	1h	227.49	long leg	$16K	$1.9M	10x
HTX NVDA-USDT	0.0000%	8h	227.51	+0.009%	$199K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.58	+0.040%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.33	−0.071%	$118K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0019%	8h	227.47	−0.010%	$20K	$432K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.57	+0.036%	$2.1M	$3.1M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.43	−0.025%	$613K	$939K	10x	as long as short
Aster NVDAUSDT	+0.0036%	8h	227.55	+0.026%	$484K	$565K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.53	+0.018%	$1.3M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.75	+0.114%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.46	−0.013%	$149.0M	$45.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.54	+0.022%	$392K	$242K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.48	−0.004%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.32	−0.075%	$1.5M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0093%	1h	227.45	−0.019%	$478K	$210K	20x	as long as short
Lighter RH NVDA	+0.0096%	1h	227.68	+0.084%	$5.1M	$7.1M	20x	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.39	−0.044%	$298K	$50K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.31	−0.079%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.55	+0.026%	$36K	$19K	20x	as long as short
Variational Omni NVDA	+0.0116%	8h	227.53	+0.016%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	227.57	+0.035%	—	—	10x	as long as short
edgeX NVDAUSDC	+0.0129%	4h	227.41	−0.033%	$171K	$1.9M	20x	as long as short
KuCoin NVDAUSDTM	+0.0132%	8h	227.48	−0.004%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.45	−0.457%	$1.3M	$657K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.35	−0.062%	$93K	$82K	20x	as long as short
Binance NVDAUSDT	+0.0168%	8h	227.63	+0.062%	$156.1M	$224.7M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.53	+0.018%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0285%	8h	227.50	+0.004%	$727K	$203K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.54	+0.022%	$384K	$704K	20x	as long as short