Funding you earn now, next payment 03:00 UTC+0.0041%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.014%
Price spread now: Phoenix against ApeX Omni+0.004%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni NVDAUSDT | 227.49 | 0.0100 | pay 0.0013% / 1h | 14m 09s | $16K | $44K | 50x |
| Short | Phoenix NVDA | 227.50 | 0.0141 | get 0.0018% / 1h | 14m 09s | $94K | $112K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against ApeX Omni. 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
- $8.52
- Price spread: +0.004% → 0.000%
- $0.44
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$8.04
- Costs to cover
- 0.170%
- Break-even
- 13.6 days
Slippage unknown: ApeX Omni: no order-book sample; Phoenix: live order book, 36 min ago. Net counts fees only.
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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell Phoenix live order book, 36 min ago | 2.64 bp | 8.6 bp −$9 | 18.0 bp −$180 | doesn't fit | doesn't fit |
ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 227.56 | +0.031% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.56 | +0.031% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.52 | +0.013% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.65 | +0.070% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.26 | −0.101% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.066% | $198K | $469K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.65 | +0.070% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.57 | +0.035% | $118K | $54K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0025% | 8h | 227.66 | +0.074% | $20K | $390K | 10x | as long as short |
| Aster NVDAUSDT | +0.0032% | 8h | 227.61 | +0.053% | $483K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 227.56 | +0.031% | $399K | $741K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.092% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.45 | −0.018% | $147.8M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | +0.031% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.45 | −0.018% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.37 | −0.053% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.53 | +0.018% | $1.3M | $9.2M | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.52 | +0.013% | $49K | $1.6M | 10x | as long as short |
| Variational Omni NVDA | +0.0062% | 8h | 227.60 | +0.046% | $3.5M | $2.1M | — | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 227.45 | −0.018% | $35K | — | 20x | as long as short |
| Nado NVDA-PERP | +0.0071% | 1h | 227.48 | −0.005% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 227.57 | +0.033% | $2.2M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | −0.013% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDTlong | +0.0100% | 1h | 227.49 | long leg | $16K | $44K | 50x | |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.55 | +0.026% | $36K | $21K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.018% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.57 | +0.034% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0117% | 8h | 227.60 | +0.048% | $156.2M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0131% | 8h | 227.64 | +0.066% | $1.6M | $724K | 20x | as long as short |
| Phoenix NVDAshort | +0.0141% | 1h | 227.50 | +0.004% | $94K | $112K | 20x | |
| Lighter RH NVDA | +0.0144% | 1h | 227.73 | +0.105% | $5.1M | $7.1M | 20x | as long as short |
| edgeX NVDAUSDC | +0.0161% | 4h | 227.63 | +0.060% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.185% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0237% | 8h | 227.63 | +0.062% | $722K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 227.46 | −0.013% | $676K | $746K | 10x | as long as short |
ApeX Omni NVDAUSDT
Phoenix NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Variational Omni NVDA
Lighter NVDA
Pacifica NVDA
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
KuCoin NVDAUSDTM
Lighter RH NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD