Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.044%
Price spread now: SunX against KuCoin−0.199%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1301.303% of the position
Funding, last 7 days−0.327%−$33 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.199%, 7d avg −0.126%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.126%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVDAUSDTM | 226.27 | 0.0100 | pay 0.0100% / 8h | 57m 36s | $1.6M | $742K | 20x |
| Short | SunX NVDA-USDT | 225.82 | 0 | get 0.0000% / 8h | 57m 36s | $2K | $3.6M | 20x |
KuCoin NVDAUSDTM
SunX NVDA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$21
- Price spread: −0.199% → −0.126%
- −$7.25
- Slippage, 4 orders
- −$110.31
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$158.56
- Costs to cover
- 1.303%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; SunX: live order book, 10 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 KuCoin live order book, 8 min ago | 0.88 bp | 46.3 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 21.86 bp | 25.9 bp −$26 | 55.4 bp −$554 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.23 | −0.018% | $12.4M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.24 | −0.013% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.23 | −0.018% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.36 | +0.040% | $15.8M | $16.6M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.46 | +0.084% | $21K | $421K | 10x | as long as short |
| SunX NVDA-USDTshort | 0.0000% | 8h | 225.82 | −0.199% | $2K | $3.6M | 20x | |
| HTX NVDA-USDT | 0.0000% | 8h | 226.42 | +0.066% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.49 | +0.097% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.22 | −0.022% | $117K | $51K | 10x | as long as short |
| Aster NVDAUSDT | +0.0018% | 8h | 226.25 | −0.007% | $481K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0036% | 8h | 226.42 | +0.064% | $3.5M | $2.3M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.31 | +0.018% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.38 | +0.049% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.13 | −0.062% | $146.9M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.24 | −0.013% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.15 | −0.053% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.13 | −0.062% | $1.6M | $1.9M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.18 | −0.040% | $35K | — | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.21 | −0.027% | $1.3M | $9.1M | 10x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.23 | −0.019% | $2.1M | $3.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.10 | −0.074% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTMlong | +0.0100% | 8h | 226.27 | long leg | $1.6M | $742K | 20x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | −0.027% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.23 | −0.018% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.29 | +0.008% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0104% | 8h | 226.26 | −0.006% | $154.3M | $218.3M | 50x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.30 | +0.013% | $93K | $83K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.29 | +0.009% | $1.3M | $697K | 10x | as long as short |
| Nado NVDA-PERP | +0.0124% | 1h | 226.19 | −0.034% | $480K | $223K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0148% | 1h | 226.19 | −0.035% | $53K | $1.8M | 10x | as long as short |
| Lighter RH NVDA | +0.0152% | 1h | 226.33 | +0.027% | $5.1M | $6.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.94 | +0.296% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0224% | 8h | 226.43 | +0.071% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.09 | −0.082% | $644K | $875K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0596% | 4h | 226.37 | +0.044% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
QFEX NVDA-USD
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Binance NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERP
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC