NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0248%/8h= +27.2% APRnext payment +$0.31 per $10,000 · paid last 24h −0.017%

Price spread now: Extended against Coinbase International+0.091%7-day average +0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$270.274% of the position

Long on Coinbase International Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.088%−$9 on $10k

Price spread, last 4 days (all we have)−0.028%−$3 · spread now +0.091%, 7d avg +0.014%

Together, before fees−0.116%+ Points / potential airdropExtended: Active · farm board−$12 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Extended is 0.077% dearer against Coinbase International than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.088%, so the current rate has only just turned in your favour.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.088% in total (about -4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.31 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NVDA-PERP-INTX	226.29	0.0128	pay 0.0016% / 1h	1m 57s	$1.3M	$789K	10x
Short	Extended NVDA_24_5-USD	226.50	0.0376	get 0.0047% / 1h	1m 57s	$668K	$766K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now +0.091%Rate

Funding earned: $52.08
Price spread: +0.091% → +0.014%: $7.68
Slippage, 4 orders: −$12.38
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $32.38
Costs to cover: 0.274%
Break-even: 2.6 days

Slippage from Coinbase International: live order book, 2 min ago; Extended: live order book, 46 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, 2 min ago	1.99 bp	7.2 bp −$7	9.1 bp −$91	doesn't fit	doesn't fit
Sell Extended live order book, 46 min ago	0.22 bp	4.1 bp −$4	42.2 bp −$422	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	226.59	+0.131%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.69	+0.177%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.71	+0.186%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.65	+0.159%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.69	+0.177%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.82	+0.234%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.41	+0.053%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.71	+0.186%	$198K	$456K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.77	+0.212%	$2.2M	$42K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.76	+0.206%	$3.6M	$2.1M	—	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	+0.0010%	1h	226.56	+0.119%	$117K	$52K	10x	as long as short
Hotstuff NVDA-PERP	+0.0032%	1h	226.58	+0.128%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.63	+0.150%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.63	+0.150%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.75	+0.203%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.55	+0.115%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.61	+0.141%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.53	+0.106%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.49	+0.088%	$1.6M	$2.0M	15x	as long as short
Lighter NVDA	+0.0072%	1h	226.62	+0.145%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.71	+0.184%	$154.5M	$219.0M	50x	as long as short
Nado NVDA-PERP	+0.0086%	1h	226.51	+0.099%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.48	+0.086%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.70	+0.181%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.59	+0.133%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.63	+0.150%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.68	+0.172%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.65	+0.159%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	226.74	+0.199%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0128%	1h	226.29	long leg	$1.3M	$789K	10x
BloFin NVDA-USDT	+0.0201%	8h	226.71	+0.186%	$710K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.95	+0.292%	$73K	$140	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0280%	1h	226.59	+0.133%	$53K	$1.8M	10x	as long as short
Extended NVDA_24_5-USDshort	+0.0376%	1h	226.50	+0.091%	$668K	$766K	10x
edgeX NVDAUSDC	+0.0414%	4h	226.75	+0.202%	$171K	$1.9M	20x	as long as short