Funding you earn now, next payment 04:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.027%
Price spread now: Arcus against SunX+0.203%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$830.833% of the position
Funding, last 4 days (all we have)+0.087%+$9 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.203%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.170% dearer against SunX than usual: you sell high and buy low: +$17 more if the spread goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NVDA-USDT | 227.11 | 0 | get 0.0000% / 8h | 4h 40m | $2K | $3.7M | 20x |
| Short | Arcus NVDA-USD | 227.57 | 0.0040 | get 0.0005% / 1h | 40m 08s | $406K | $745K | 20x |
SunX NVDA-USDT
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against SunX. 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
- $8.46
- Price spread: +0.203% → +0.032%
- $17.01
- Slippage, 4 orders
- −$70.84
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$57.88
- Costs to cover
- 0.833%
- Break-even
- 54.9 days
Slippage from SunX: live order book, 8 min ago; Arcus: live order book, 19 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 SunX live order book, 8 min ago | 21.98 bp | 38.1 bp −$38 | 67.6 bp −$676 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 19 min ago | 1.32 bp | 11.0 bp −$11 | 14.3 bp −$143 | 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 | 227.49 | +0.167% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.48 | +0.163% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.46 | +0.154% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.56 | +0.198% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDTlong | 0.0000% | 8h | 227.11 | long leg | $2K | $3.7M | 20x | |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.42 | +0.136% | $49K | $1.6M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.233% | $198K | $471K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.63 | +0.229% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 227.42 | +0.138% | $118K | $54K | 10x | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 227.57 | +0.203% | $406K | $745K | 20x |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0041% | 8h | 227.56 | +0.199% | $483K | $590K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.260% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.40 | +0.128% | $147.7M | $43.8M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.53 | +0.185% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.41 | +0.132% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | +0.084% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.46 | +0.154% | $1.4M | $9.4M | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0068% | 8h | 227.61 | +0.220% | $20K | $388K | 10x | as long as short |
| Variational Omni NVDA | +0.0073% | 8h | 227.50 | +0.173% | $3.5M | $2.1M | — | as long as short |
| Lighter NVDA | +0.0080% | 1h | 227.49 | +0.166% | $2.2M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0092% | 1h | 227.49 | +0.169% | $484K | $228K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | +0.156% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.43 | +0.141% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.50 | +0.172% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.185% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.52 | +0.180% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0125% | 8h | 227.48 | +0.163% | $156.5M | $216.2M | 50x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.46 | +0.154% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0147% | 8h | 227.57 | +0.203% | $1.6M | $724K | 20x | as long as short |
| Lighter RH NVDA | +0.0160% | 1h | 227.65 | +0.238% | $5.1M | $7.1M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0208% | 1h | 227.43 | +0.141% | $35K | — | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.03 | +0.405% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0246% | 8h | 227.57 | +0.203% | $722K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0456% | 1h | 227.41 | +0.132% | $685K | $733K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0515% | 4h | 227.55 | +0.192% | $170K | $1.9M | 20x | as long as short |
Aster NVDAUSDT
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
GRVT NVDA_USDT_Perp
Variational Omni NVDA
Lighter NVDA
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Aevo NVDA-PERP
Binance NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Hotstuff NVDA-PERP
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC