Funding you earn now, next payment 05:00 UTC−0.0209%/8h= −22.9% APRpaid last 24h −0.097%
Price spread now: tradeXYZ against edgeX−0.070%7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$350.352% of the position
Funding, last 7 days−0.798%−$80 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.070%, 7d avg −0.045%
=Together, before fees−0.764%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$76 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and tradeXYZ is 0.025% cheaper against edgeX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NVDAUSDC | 227.20 | 0.0259 | pay 0.0129% / 4h | 3h 37m | $170K | $1.9M | 20x |
| Short | tradeXYZ xyz:NVDA | 227.04 | 0.0050 | get 0.0006% / 1h | 37m 10s | $147.6M | $43.4M | 20x |
edgeX NVDAUSDC
tradeXYZ xyz:NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$43.85
- Price spread: −0.070% → −0.045%
- −$2.52
- Slippage, 4 orders
- −$8.19
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$81.56
- Costs to cover
- 0.352%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 2 min ago; tradeXYZ: live order book, 3 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 | 3.30 bp | 8.1 bp −$8 | 12.7 bp −$127 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.22 bp | 9.2 bp −$9 | 11.0 bp −$110 | 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 NVDAUSDT | 0.0000% | 8h | 227.15 | −0.022% | $12.6M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.17 | −0.013% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.14 | −0.026% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.25 | +0.022% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.24 | +0.018% | $20K | $393K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.78 | −0.185% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.28 | +0.035% | $197K | $464K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.34 | +0.062% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.12 | −0.035% | $118K | $53K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.11 | −0.039% | $49K | $1.7M | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0017% | 8h | 227.18 | −0.007% | $482K | $569K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.16 | −0.017% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.18 | −0.009% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.28 | +0.035% | — | $74K | 25x | as long as short |
| Variational Omni NVDA | +0.0047% | 8h | 227.28 | +0.033% | $3.6M | $2.2M | — | as long as short |
| tradeXYZ xyz:NVDAshort | +0.0050% | 1h | 227.04 | −0.070% | $147.6M | $43.4M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.14 | −0.026% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.02 | −0.079% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.00 | −0.088% | $1.6M | $2.0M | 15x | as long as short |
| Lighter NVDA | +0.0064% | 1h | 227.18 | −0.007% | $2.1M | $3.3M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 227.03 | −0.075% | $35K | — | 20x | as long as short |
| Nado NVDA-PERP | +0.0067% | 1h | 227.06 | −0.060% | $483K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.07 | −0.056% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.05 | −0.066% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.17 | −0.013% | $36K | $21K | 20x | as long as short |
| Binance NVDAUSDT | +0.0104% | 8h | 227.20 | −0.002% | $155.8M | $216.1M | 50x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.16 | −0.019% | — | — | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0105% | 8h | 227.21 | +0.005% | $1.6M | $728K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.11 | −0.039% | $1.3M | $782K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.14 | −0.026% | $93K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0152% | 1h | 227.35 | +0.066% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.61 | +0.181% | $73K | $137 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0224% | 8h | 227.21 | +0.005% | $721K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0224% | 1h | 227.02 | −0.079% | $673K | $779K | 10x | as long as short |
| edgeX NVDAUSDClong | +0.0259% | 4h | 227.20 | long leg | $170K | $1.9M | 20x |
Aster NVDAUSDT
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Variational Omni NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter NVDA
Hotstuff NVDA-PERP
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Binance NVDAUSDT
Aevo NVDA-PERP
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD