Funding you earn now, next payment 03:00 UTC+0.0052%/8h= +5.7% APRnext payment +$0.06 per $10,000 · paid last 24h +0.026%
Price spread now: Deribit against tradeXYZ+0.035%7-day average +0.028% · 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−$33as in the Price arb table
costs, in and out, $10k−$340.338% of the position
Funding, last 5 days (all we have)+0.075%+$8 on $10k
+Price spread, last 4 days (all we have)−0.197%−$20 · spread now +0.035%, 7d avg +0.028%
=Together, before fees−0.122%+ Points / potential airdroptradeXYZ: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.37 | 0.0050 | pay 0.0006% / 1h | 22m 54s | $147.8M | $44.1M | 20x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.45 | 0.0102 | get 0.0013% / 1h | 22m 54s | $49K | $1.6M | 10x |
tradeXYZ xyz:NVDA
Deribit NVDA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $10.89
- Price spread: +0.035% → +0.028%
- $0.69
- Slippage, 4 orders
- −$8.8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$22.23
- Costs to cover
- 0.338%
- Break-even
- 21.3 days
Slippage from tradeXYZ: live order book, 6 min ago; Deribit: live order book, 1 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, 6 min ago | 0.22 bp | 9.5 bp −$9 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 1 min ago | 3.74 bp | 7.5 bp −$8 | 8.1 bp −$81 | 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 | 227.53 | +0.070% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.50 | +0.057% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.45 | +0.035% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.58 | +0.092% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.02 | −0.154% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.172% | $198K | $477K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.61 | +0.106% | $2.2M | $43K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0006% | 8h | 227.62 | +0.109% | $20K | $384K | 10x | as long as short |
| Aster NVDAUSDT | +0.0014% | 8h | 227.56 | +0.083% | $483K | $590K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.52 | +0.064% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
GRVT NVDA_USDT_Perp
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0040% | 8h | 227.53 | +0.070% | $3.5M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.51 | +0.062% | $406K | $745K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.54 | +0.075% | $1.4M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.63 | +0.114% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.37 | long leg | $147.8M | $44.1M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.53 | +0.070% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.38 | +0.004% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | −0.031% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | +0.070% | $1.3M | $777K | 10x | as long as short |
| Binance NVDAUSDT | +0.0099% | 8h | 227.55 | +0.080% | $156.1M | $215.1M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.42 | +0.021% | $298K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.40 | +0.013% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.50 | +0.057% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.0102% | 1h | 227.45 | +0.035% | $49K | $1.6M | 10x | |
| Hotstuff NVDA-PERP | +0.0104% | 1h | 227.37 | 0.000% | $35K | — | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.52 | +0.065% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.48 | +0.048% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0125% | 1h | 227.41 | +0.017% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0135% | 8h | 227.58 | +0.092% | $1.6M | $724K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.53 | +0.068% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.65 | +0.123% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0219% | 8h | 227.56 | +0.084% | $723K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.22 | +0.374% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 227.35 | −0.009% | $689K | $724K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0827% | 4h | 227.51 | +0.063% | $170K | $1.9M | 20x | as long as short |
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
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Hotstuff NVDA-PERP
Aevo NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC