NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0088%/8h= −9.6% APRnext payment −$0.11 per $10,000 · paid last 24h −0.012%

Price spread now: Arcus against Coinbase International+0.093%7-day average −0.025% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$360.361% of the position

Long on Coinbase International Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.016%+$2 on $10k

Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.093%, 7d avg −0.025%

Together, before fees−0.008%−$1 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.117% dearer against Coinbase International than usual: you sell high and buy low (spread +0.093% now, against its 7-day average of −0.025%): +$12 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NVDA-PERP-INTX	226.63	0.0128	pay 0.0016% / 1h	49m 32s	$1.3M	$781K	10x
Short	Arcus NVDA-USD	226.84	0.0040	get 0.0005% / 1h	49m 32s	$398K	$729K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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 Coinbase InternationalbpFee ArcusbpOrdersPrice spread, now +0.093%Rate

Funding earned: −$18.42
Price spread: +0.093% → −0.025%: $11.74
Slippage, 4 orders: −$21.6
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$42.78
Costs to cover: 0.361%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 4 min ago; Arcus: live order book, 64 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 Coinbase International live order book, 4 min ago	2.42 bp	7.4 bp −$7	9.7 bp −$97	doesn't fit	doesn't fit
Sell Arcus live order book, 64 min ago	1.32 bp	11.4 bp −$11	15.4 bp −$154	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
Aster NVDAUSDT	0.0000%	8h	226.88	+0.110%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.90	+0.119%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.89	+0.115%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.89	+0.115%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.94	+0.137%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.94	+0.136%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.64	+0.004%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.86	+0.101%	$51K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.01	+0.168%	$198K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.95	+0.141%	$2.2M	$43K	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	+0.0007%	1h	226.72	+0.040%	$117K	$53K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.94	+0.135%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.90	+0.117%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USDshort	+0.0040%	1h	226.84	+0.093%	$398K	$729K	20x
QFEX NVDA-USD	+0.0042%	1h	226.92	+0.128%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.05	+0.185%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.79	+0.071%	$147.3M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.86	+0.101%	$399K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	+0.075%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.75	+0.053%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0054%	1h	226.85	+0.098%	$482K	$226K	20x	as long as short
edgeX NVDAUSDC	+0.0063%	4h	226.87	+0.106%	$170K	$1.9M	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.93	+0.132%	$155.2M	$217.1M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.81	+0.079%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.90	+0.119%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.81	+0.079%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.92	+0.128%	$36K	$21K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.79	+0.071%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.92	+0.129%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.86	+0.101%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	227.07	+0.194%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0128%	1h	226.63	long leg	$1.3M	$781K	10x
BloFin NVDA-USDT	+0.0202%	8h	226.97	+0.150%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.216%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0248%	1h	226.78	+0.066%	$668K	$767K	10x	as long as short