Funding you earn now, next payment 06:00 UTC−0.0212%/8h= −23.2% APRnext payment −$0.27 per $10,000 · paid last 24h +0.008%
Price spread now: Pacifica against Extended+0.036%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$310.311% of the position
Funding, last 7 days+0.062%+$6 on $10k
+Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.036%, 7d avg +0.001%
=Together, before fees+0.075%+ Points / potential airdropExtended: Active · Pacifica: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Pacifica is 0.035% dearer against Extended than usual: you sell high and buy low (spread +0.036% now, against its 7-day average of +0.001%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 7 days funding on this pair paid +0.062%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.062% in total (about 3.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.27 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 | Extended NVDA_24_5-USD | 226.31 | 0.0312 | pay 0.0039% / 1h | 30m 09s | $668K | $766K | 10x |
| Short | Pacifica NVDA | 226.39 | 0.0100 | get 0.0013% / 1h | 30m 09s | $297K | $50K | 10x |
Extended NVDA_24_5-USD
Pacifica NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica against Extended. 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
- −$44.52
- Price spread: +0.036% → +0.001%
- $3.52
- Slippage, 4 orders
- −$18.07
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$72.08
- Costs to cover
- 0.311%
- Break-even
- never at this rate
Slippage from Extended: live order book, 18 min ago; Pacifica: live order book, 18 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 Extended live order book, 18 min ago | 0.22 bp | 7.3 bp −$7 | 85.2 bp −$852 | doesn't fit | doesn't fit |
| Sell Pacifica live order book, 18 min ago | 1.54 bp | 9.1 bp −$9 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.54 | +0.106% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.52 | +0.095% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.52 | +0.095% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.50 | +0.086% | $7.3M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.53 | +0.099% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.50 | +0.086% | $21K | $410K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.22 | −0.038% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.108% | $198K | $460K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.79 | +0.214% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0004% | 8h | 226.39 | +0.038% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0008% | 1h | 226.30 | −0.002% | $35K | — | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0010% | 1h | 226.35 | +0.020% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.50 | +0.087% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.42 | +0.051% | $397K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.49 | +0.082% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.56 | +0.113% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.39 | +0.038% | $147.1M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.45 | +0.064% | $399K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.32 | +0.007% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.24 | −0.029% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0075% | 1h | 226.37 | +0.029% | $481K | $226K | 20x | as long as short |
| Binance NVDAUSDT | +0.0079% | 8h | 226.52 | +0.095% | $154.8M | $218.1M | 50x | as long as short |
| Pacifica NVDAshort | +0.0100% | 1h | 226.39 | +0.036% | $297K | $50K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.57 | +0.117% | $1.6M | $736K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.33 | +0.011% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.49 | +0.082% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.63 | +0.144% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.49 | +0.082% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.40 | +0.042% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.38 | +0.033% | $1.3M | $781K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.45 | +0.064% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0198% | 8h | 226.45 | +0.064% | $719K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.11 | +0.356% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USDlong | +0.0312% | 1h | 226.31 | long leg | $668K | $766K | 10x | |
| edgeX NVDAUSDC | +0.0809% | 4h | 226.45 | +0.066% | $170K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Aftermath Perps NVDAUSD
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC