NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0204%/8h= −22.3% APRnext payment −$2.04 per $10,000 · paid last 24h −0.051%

Price spread now: Bybit against BloFin−0.013%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on BloFin Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.259%−$26 on $10k

Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.013%, 7d avg −0.011%

Together, before fees−0.208%−$21 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin NVDA-USDT	226.48	0.0204	pay 0.0204% / 8h	1h 26m	$715K	$194K	20x
Short	Bybit NVDAUSDT	226.45	0	get 0.0000% / 8h	1h 26m	$12.4M	$14.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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 BloFinbpFee BybitbpOrdersPrice spread, now −0.013%Rate

Funding earned: −$42.86
Price spread: −0.013% → −0.011%: −$0.2
Slippage, 4 orders: −$3.68
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$69.74
Costs to cover: 0.267%
Break-even: never at this rate

Slippage from BloFin: live order book, 60 min ago; Bybit: live order book, 2 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 BloFin live order book, 60 min ago	0.44 bp	6.4 bp −$6	6.8 bp −$68	12.1 bp −$1,212	doesn't fit
Sell Bybit live order book, 2 min ago	0.22 bp	6.2 bp −$6	8.9 bp −$89	78.0 bp −$7,802	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
Aster NVDAUSDT	0.0000%	8h	226.47	−0.004%	$482K	$571K	20x	as long as short
Bybit NVDAUSDTshort	0.0000%	8h	226.45	−0.013%	$12.4M	$14.9M	100x
OKX NVDA-USDT-SWAP	0.0000%	8h	226.41	−0.031%	$14.1M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.40	−0.035%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.48	0.000%	$15.2M	$16.0M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.34	−0.062%	$21K	$419K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.11	−0.163%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.52	+0.018%	$198K	$451K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.64	+0.071%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.21	−0.120%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0016%	8h	226.32	−0.073%	$3.5M	$2.2M	—	as long as short
edgeX NVDAUSDC	+0.0039%	4h	226.42	−0.027%	$170K	$1.9M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.35	−0.057%	$399K	$731K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.56	+0.035%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.31	−0.075%	$147.0M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.40	−0.035%	$391K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.35	−0.057%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.08	−0.177%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.43	−0.022%	$1.3M	$9.1M	10x	as long as short
Lighter NVDA	+0.0080%	1h	226.42	−0.026%	$2.1M	$3.3M	20x	as long as short
Binance NVDAUSDT	+0.0084%	8h	226.44	−0.018%	$154.4M	$217.9M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.29	−0.086%	$297K	$46K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.40	−0.035%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.36	−0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.45	−0.013%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0103%	1h	226.42	−0.026%	$53K	$1.8M	10x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.33	−0.066%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.46	−0.007%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.39	−0.040%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.084%	$1.3M	$732K	10x	as long as short
Lighter RH NVDA	+0.0120%	1h	226.61	+0.057%	$5.0M	$7.0M	20x	as long as short
Nado NVDA-PERP	+0.0124%	1h	226.30	−0.078%	$481K	$224K	20x	as long as short
BloFin NVDA-USDTlong	+0.0204%	8h	226.48	long leg	$715K	$194K	20x
Injective NVDA/USDC PERP	+0.0220%	1h	226.67	+0.084%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0416%	1h	226.32	−0.071%	$623K	$833K	10x	as long as short