Funding you earn now, next payment 00:00 UTC−0.0008%/8h= −0.8% APRnext payment −$0.08 per $10,000 · paid last 24h +0.006%
Price spread now: Binance against Bitget−0.013%7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$240.243% of the position
Funding, last 7 days+0.004%$0 on $10k
+Price spread, last 2 days (all we have)+0.054%+$5 · spread now −0.013%, 7d avg −0.009%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 227.48 | 0.0029 | pay 0.0029% / 8h | 1h 16m | $15.6M | $17.7M | 100x |
| Short | Binance NVDAUSDT | 227.45 | 0.0021 | get 0.0021% / 8h | 1h 16m | $156.3M | $220.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$1.6
- Price spread: −0.013% → −0.009%
- −$0.45
- Slippage, 4 orders
- −$2.31
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$26.36
- Costs to cover
- 0.243%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 2 min ago; Binance: live order book, 12 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 Bitget live order book, 2 min ago | 0.22 bp | 6.5 bp −$7 | 10.0 bp −$100 | 23.4 bp −$2,340 | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.22 bp | 5.2 bp −$5 | 6.2 bp −$62 | 19.6 bp −$1,958 | 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 | −0.0080% | 1h | 227.26 | −0.097% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 227.45 | −0.013% | $474K | $578K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.44 | −0.018% | $12.7M | $15.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.39 | −0.040% | $14.4M | $21.1M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.35 | −0.057% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.55 | +0.029% | $3.5M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.54 | +0.028% | $20K | $435K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.95 | −0.233% | $2K | $4.0M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.47 | −0.004% | $198K | $528K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.56 | +0.035% | $2.2M | $42K | 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 | +0.0018% | 1h | 227.45 | −0.015% | $118K | $55K | 10x | as long as short |
| Binance NVDAUSDTshort | +0.0021% | 8h | 227.45 | −0.013% | $156.3M | $220.7M | 50x | |
| Bitget NVDAUSDTlong | +0.0029% | 8h | 227.48 | long leg | $15.6M | $17.7M | 100x | |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.23 | −0.111% | $536K | $446K | 10x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.40 | −0.035% | $1.6M | $11.4M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.47 | −0.004% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.26 | −0.097% | $147.3M | $49.0M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.32 | −0.070% | $401K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.26 | −0.097% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.35 | −0.057% | $1.6M | $2.1M | 15x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.26 | −0.097% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0082% | 8h | 227.48 | 0.000% | $714K | $204K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0088% | 1h | 227.41 | −0.031% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.207% | $1.3M | $880K | 10x | as long as short |
| Nado NVDA-PERP | +0.0098% | 1h | 227.27 | −0.093% | $483K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.27 | −0.092% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.49 | +0.004% | $1.6M | $750K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.38 | −0.044% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.39 | −0.040% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0146% | 1h | 227.33 | −0.066% | $49K | $1.4M | 10x | as long as short |
| Lighter RH NVDA | +0.0168% | 1h | 227.57 | +0.040% | $5.1M | $7.2M | 20x | as long as short |
| Lighter NVDA | +0.0184% | 1h | 227.46 | −0.010% | $2.1M | $3.3M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.80 | +0.141% | $73K | $139 | 30x | as long as short |
| Arcus NVDA-USD | +0.0305% | 1h | 227.27 | −0.092% | $400K | $723K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0913% | 4h | 227.54 | +0.026% | $170K | $1.9M | 20x | as long as short |
Bitget NVDAUSDT
Binance NVDAUSDT
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Phoenix NVDA
BloFin NVDA-USDT
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Lighter NVDA
Injective NVDA/USDC PERP
edgeX NVDAUSDC