NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0049%/8h= −5.4% APRnext payment −$0.49 per $10,000 · paid last 24h −0.031%

Price spread now: Bybit against Binance−0.009%7-day average −0.014% · you buy dearer than you sell

Net, funding: paid 7d − costs−$38as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.140%−$14 on $10k

Price spread, last 2 days (all we have)−0.032%−$3 · spread now −0.009%, 7d avg −0.014%

Together, before fees−0.172%−$17 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.014%, 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	Binance NVDAUSDT	227.93	0.0049	pay 0.0049% / 8h	7h 29m	$156.6M	$217.4M	50x
Short	Bybit NVDAUSDT	227.91	0	get 0.0000% / 8h	7h 29m	$12.7M	$15.3M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BinancebpFee BybitbpOrdersPrice spread, now −0.009%Rate

Funding earned: −$10.28
Price spread: −0.009% → −0.014%: $0.49
Slippage, 4 orders: −$3.17
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$33.96
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from Binance: live order book, 14 min ago; Bybit: live order book, 4 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 Binance live order book, 14 min ago	0.22 bp	5.2 bp −$5	5.7 bp −$57	17.5 bp −$1,746	doesn't fit
Sell Bybit live order book, 4 min ago	0.22 bp	6.3 bp −$6	9.0 bp −$90	75.8 bp −$7,583	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.67	−0.114%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.69	−0.106%	$483K	$586K	20x	as long as short
Bybit NVDAUSDTshort	0.0000%	8h	227.91	−0.009%	$12.7M	$15.3M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	227.90	−0.013%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.81	−0.053%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.79	−0.062%	$3.6M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.39	−0.237%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	−0.070%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.85	−0.035%	$2.2M	$42K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0014%	8h	227.77	−0.069%	$21K	$394K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0015%	1h	227.54	−0.173%	$118K	$55K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.67	−0.114%	$524K	$474K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.88	−0.022%	$15.5M	$16.9M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.59	−0.149%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.82	−0.048%	$1.6M	$11.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.88	−0.022%	—	$74K	25x	as long as short
Binance NVDAUSDTlong	+0.0049%	8h	227.93	long leg	$156.6M	$217.4M	50x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.74	−0.083%	$147.9M	$46.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.77	−0.070%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.69	−0.105%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.55	−0.167%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.206%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0082%	1h	227.69	−0.106%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.83	−0.042%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.69	−0.105%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.49	−0.193%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.83	−0.044%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.64	−0.127%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0127%	8h	227.75	−0.079%	$1.6M	$741K	20x	as long as short
Lighter NVDA	+0.0144%	1h	227.91	−0.011%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.02	+0.039%	$5.1M	$7.1M	20x	as long as short
BloFin NVDA-USDT	+0.0169%	8h	227.85	−0.035%	$717K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.22	+0.127%	$73K	$138	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0277%	1h	227.81	−0.053%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0488%	4h	227.77	−0.070%	$170K	$1.9M	20x	as long as short