Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.028%
Price spread now: Pacifica against Bybit−0.061%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 7 days+0.130%+$13 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.061%, 7d avg −0.047%
=Together, before fees+0.168%+ Points / potential airdropPacifica: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVDAUSDT | 227.64 | 0 | get 0.0000% / 8h | 5h 07m | $12.6M | $14.8M | 100x |
| Short | Pacifica NVDA | 227.50 | 0.0100 | get 0.0013% / 1h | 7m 43s | $299K | $51K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Bybit. 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
- $21
- Price spread: −0.061% → −0.047%
- −$1.42
- Slippage, 4 orders
- −$7.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$7.29
- Costs to cover
- 0.269%
- Break-even
- 9.4 days
Slippage from Bybit: live order book, 1 min ago; Pacifica: live order book, 56 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 Bybit live order book, 1 min ago | 0.22 bp | 6.1 bp −$6 | 8.2 bp −$82 | 43.2 bp −$4,322 | doesn't fit |
| Sell Pacifica live order book, 56 min ago | 1.76 bp | 8.4 bp −$8 | 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 NVDAUSDTlong | 0.0000% | 8h | 227.64 | long leg | $12.6M | $14.8M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.65 | +0.004% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.60 | −0.018% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.69 | +0.022% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.24 | −0.176% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.053% | $198K | $475K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.72 | +0.035% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.54 | −0.045% | $118K | $54K | 10x | as long as short |
| Aster NVDAUSDT | +0.0024% | 8h | 227.69 | +0.021% | $483K | $590K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0029% | 8h | 227.69 | +0.022% | $21K | $386K | 10x | 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 | 227.58 | −0.026% | $406K | $746K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.67 | +0.013% | $1.4M | $9.5M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.76 | +0.053% | — | $74K | 25x | as long as short |
| Variational Omni NVDA | +0.0049% | 8h | 227.62 | −0.009% | $3.5M | $2.1M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.52 | −0.053% | $147.9M | $43.7M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.63 | −0.004% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.53 | −0.048% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.39 | −0.110% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | −0.048% | $1.3M | $776K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 227.51 | −0.057% | $35K | — | 20x | as long as short |
| Pacifica NVDAshort | +0.0100% | 1h | 227.50 | −0.061% | $299K | $51K | 10x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.49 | −0.066% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.64 | 0.000% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.65 | +0.005% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.57 | −0.031% | $94K | $112K | 20x | as long as short |
| Binance NVDAUSDT | +0.0108% | 8h | 227.69 | +0.022% | $156.2M | $215.1M | 50x | as long as short |
| Nado NVDA-PERP | +0.0131% | 1h | 227.52 | −0.053% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0143% | 8h | 227.71 | +0.031% | $1.6M | $723K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.65 | +0.003% | $2.2M | $3.3M | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.80 | +0.070% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.98 | +0.149% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0227% | 8h | 227.72 | +0.035% | $722K | $201K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0234% | 1h | 227.62 | −0.009% | $49K | $1.6M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0416% | 1h | 227.47 | −0.077% | $686K | $733K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0798% | 4h | 227.61 | −0.012% | $170K | $1.9M | 20x | as long as short |
Bybit NVDAUSDT
Pacifica NVDA
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDT
GRVT NVDA_USDT_Perp
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Coinbase International NVDA-PERP-INTX
ApeX Omni NVDAUSDT
Phoenix NVDA
Binance NVDAUSDT
KuCoin NVDAUSDTM
Lighter NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC