Funding you earn now, next payment 08:00 UTC+0.0106%/8h= +11.6% APRnext payment +$1.06 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Bitget−0.057%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$560.556% of the position
Funding, last 7 days+0.159%+$16 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.057%, 7d avg −0.017%
=Funding pays, the price is against you. KuCoin is 0.040% cheaper against Bitget than usual: you would sell low and buy high (spread −0.057% now, against its 7-day average of −0.017%). If the spread goes back, that is −$4 on $10k: about 30 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NVDAUSDT | 226.50 | 0 | get 0.0000% / 8h | 4m 23s | $15.9M | $16.6M | 100x |
| Short | KuCoin NVDAUSDTM | 226.37 | 0.0106 | get 0.0106% / 8h | 4m 23s | $1.6M | $839K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $22.26
- Price spread: −0.057% → −0.017%
- −$4.01
- Slippage, 4 orders
- −$31.57
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$37.32
- Costs to cover
- 0.556%
- Break-even
- 18.7 days
Slippage from Bitget: live order book, 4 min ago; KuCoin: live order book, 11 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, 4 min ago | 0.22 bp | 7.3 bp −$7 | 10.3 bp −$103 | 29.5 bp −$2,954 | doesn't fit |
| Sell KuCoin live order book, 11 min ago | 1.77 bp | 18.9 bp −$19 | doesn't fit | 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 | 226.44 | −0.026% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.43 | −0.031% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.41 | −0.040% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDTlong | 0.0000% | 8h | 226.50 | long leg | $15.9M | $16.6M | 100x | |
| SunX NVDA-USDT | 0.0000% | 8h | 225.98 | −0.230% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | −0.018% | $198K | $439K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.58 | +0.035% | $2.2M | $42K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0008% | 1h | 226.27 | −0.102% | $35K | — | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.10 | −0.178% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.088% | $392K | $738K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.43 | −0.031% | — | $74K | 25x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0047% | 8h | 226.30 | −0.089% | $21K | $421K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.25 | −0.110% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.16 | −0.150% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.39 | −0.049% | $1.3M | $9.0M | 10x | as long as short |
| Aster NVDAUSDT | +0.0065% | 8h | 226.37 | −0.057% | $482K | $530K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0077% | 1h | 226.34 | −0.071% | $391K | $247K | 10x | as long as short |
| Variational Omni NVDA | +0.0089% | 8h | 226.34 | −0.069% | $3.5M | $2.3M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0093% | 1h | 226.32 | −0.079% | $146.9M | $43.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.25 | −0.110% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.02 | −0.212% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.40 | −0.044% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTMshort | +0.0106% | 8h | 226.37 | −0.057% | $1.6M | $839K | 20x | |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.43 | −0.032% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.181% | $1.3M | $695K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0150% | 4h | 226.30 | −0.089% | $170K | $1.9M | 20x | as long as short |
| Binance NVDAUSDT | +0.0151% | 8h | 226.45 | −0.022% | $155.4M | $219.4M | 50x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 226.38 | −0.055% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0174% | 1h | 226.21 | −0.130% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.26 | −0.106% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.018% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.50 | 0.000% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0269% | 8h | 226.36 | −0.062% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 226.20 | −0.132% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.31 | −0.084% | $53K | $1.9M | 10x | as long as short |
Bitget NVDAUSDT
KuCoin NVDAUSDTM
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
SoDEX NVDA-USD
Aster NVDAUSDT
Polymarket Perps NVDA-USD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
edgeX NVDAUSDC
Binance NVDAUSDT
Lighter NVDA
Phoenix NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL