Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.004%
Price spread now: Aster against tradeXYZ+0.007%7-day average +0.063% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days+0.007%+$1 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.007%, 7d avg +0.063%
=Together, before fees+0.096%+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.055% cheaper against tradeXYZ than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.063%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 226.60 | 0.0050 | pay 0.0006% / 1h | 7m 43s | $147.2M | $43.5M | 20x |
| Short | Aster NVDAUSDT | 226.62 | 0 | get 0.0000% / 8h | 2h 07m | $482K | $571K | 20x |
tradeXYZ xyz:NVDA
Aster NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against tradeXYZ. 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
- −$10.5
- Price spread: +0.007% → +0.063%
- −$5.52
- Slippage, 4 orders
- −$3.06
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$45.07
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; Aster: live order book, 40 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 tradeXYZ live order book, 12 min ago | 0.22 bp | 9.2 bp −$9 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Aster live order book, 40 min ago | 0.66 bp | 5.1 bp −$5 | 7.4 bp −$74 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDTshort | 0.0000% | 8h | 226.62 | +0.007% | $482K | $571K | 20x | |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.70 | +0.044% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.68 | +0.035% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.67 | +0.031% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.72 | +0.053% | $15.2M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.80 | +0.088% | $21K | $418K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.43 | −0.075% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.78 | +0.079% | $198K | $457K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.80 | +0.088% | $2.2M | $42K | 10x | as long as short |
| Variational Omni NVDA | +0.0009% | 8h | 226.81 | +0.091% | $3.6M | $2.1M | — | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0010% | 1h | 226.53 | −0.030% | $117K | $52K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.63 | +0.013% | $53K | $1.8M | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.67 | +0.031% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.67 | +0.031% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.81 | +0.093% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 226.60 | long leg | $147.2M | $43.5M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.62 | +0.009% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.58 | −0.009% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.62 | +0.009% | $1.6M | $2.0M | 15x | as long as short |
| Lighter NVDA | +0.0072% | 1h | 226.71 | +0.049% | $2.1M | $3.4M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 226.56 | −0.018% | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | +0.0082% | 8h | 226.75 | +0.066% | $154.6M | $219.0M | 50x | as long as short |
| Nado NVDA-PERP | +0.0083% | 1h | 226.59 | −0.006% | $482K | $226K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.54 | −0.025% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.65 | +0.022% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.65 | +0.022% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.66 | +0.026% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.68 | +0.035% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.73 | +0.057% | $93K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0112% | 1h | 226.83 | +0.102% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.137% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0202% | 8h | 226.72 | +0.053% | $710K | $193K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.88 | +0.124% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0289% | 4h | 226.80 | +0.088% | $171K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0376% | 1h | 226.56 | −0.018% | $668K | $766K | 10x | as long as short |
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUAL
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter NVDA
Hotstuff NVDA-PERP
Binance NVDAUSDT
Nado NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC
Extended NVDA_24_5-USD