Funding you earn now, next payment 08:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.082%
Price spread now: Binance against edgeX+0.014%70s7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$270.266% of the position
Funding, last 7 days−0.755%−$75 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.014%, 7d avg +0.041%
=Together, before fees−0.756%+ Points / potential airdropedgeX: Active · farm board−$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Binance is 0.028% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.041%). Swap the legs. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NVDAUSDC | 226.32 | 0.0527 | pay 0.0263% / 4h | 36m 28s | $170K | $1.9M | 20x |
| Short | Binance NVDAUSDT | 226.35 | 0.0123 | get 0.0123% / 8h | 36m 28s | $154.4M | $218.5M | 50x |
edgeX NVDAUSDC
Binance NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- −$84.8
- Price spread: +0.014% → +0.041%
- −$2.75
- Slippage, 4 orders
- −$7.61
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$114.16
- Costs to cover
- 0.266%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; Binance: live order book, 7 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 edgeX live order book, 2 min ago | 3.31 bp | 8.1 bp −$8 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.22 bp | 5.2 bp −$5 | 6.0 bp −$60 | 8.6 bp −$859 | 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 | 226.35 | +0.012% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.34 | +0.007% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.30 | −0.010% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.43 | +0.047% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.96 | −0.160% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.44 | +0.052% | $198K | $445K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.61 | +0.127% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.16 | −0.072% | $117K | $51K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0021% | 8h | 226.37 | +0.020% | $22K | $428K | 10x | as long as short |
| Aster NVDAUSDT | +0.0037% | 8h | 226.36 | +0.017% | $482K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.010% | $392K | $740K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.43 | +0.047% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.24 | −0.037% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.15 | −0.076% | $1.6M | $1.9M | 15x | as long as short |
| Variational Omni NVDA | +0.0057% | 8h | 226.39 | +0.030% | $3.5M | $2.3M | — | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.33 | +0.003% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0090% | 1h | 226.24 | −0.037% | $147.0M | $43.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0093% | 1h | 226.32 | −0.001% | $391K | $247K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.19 | −0.059% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.39 | +0.030% | $1.6M | $744K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.059% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.32 | −0.001% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.35 | +0.014% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.103% | $1.3M | $699K | 10x | as long as short |
| Binance NVDAUSDTshort | +0.0123% | 8h | 226.35 | +0.014% | $154.4M | $218.5M | 50x | |
| Hotstuff NVDA-PERP | +0.0160% | 1h | 226.25 | −0.032% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.20 | −0.054% | $93K | $83K | 20x | as long as short |
| Nado NVDA-PERP | +0.0178% | 1h | 226.21 | −0.051% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0184% | 1h | 226.32 | −0.001% | $2.1M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.00 | +0.299% | $73K | $137 | 30x | as long as short |
| Lighter RH NVDA | +0.0240% | 1h | 226.48 | +0.069% | $5.1M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0242% | 8h | 226.38 | +0.025% | $709K | $195K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0325% | 1h | 226.30 | −0.010% | $53K | $1.8M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0336% | 1h | 226.16 | −0.074% | $644K | $875K | 10x | as long as short |
| edgeX NVDAUSDClong | +0.0527% | 4h | 226.32 | long leg | $170K | $1.9M | 20x |
Arcus NVDA-USD
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
QFEX NVDA-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Hotstuff NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
Lighter NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD