Funding you earn now, next payment 09:00 UTC−0.0170%/8h= −18.6% APRnext payment −$0.21 per $10,000 · paid last 24h −0.048%
Price spread now: tradeXYZ against Injective−0.203%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.255%−$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and tradeXYZ is 0.203% cheaper against Injective than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 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 | Injective NVDA/USDC PERP | 226.54 | 0.0220 | pay 0.0028% / 1h | 19m 38s | $73K | $138 | 30x |
| Short | tradeXYZ xyz:NVDA | 226.08 | 0.0050 | get 0.0006% / 1h | 19m 38s | $147.2M | $43.7M | 20x |
Injective NVDA/USDC PERP
tradeXYZ xyz:NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Injective. 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
- −$35.7
- Price spread: −0.203% → 0.000%
- −$20.31
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$74.03
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; tradeXYZ: live order book, 10 min ago. Net counts fees only.
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 Injective no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 10 min ago | 0.44 bp | 10.0 bp −$10 | 11.6 bp −$116 | doesn't fit | doesn't fit |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0112% | 1h | 226.05 | −0.216% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.20 | −0.150% | $12.5M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.19 | −0.154% | $14.1M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.16 | −0.168% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.23 | −0.137% | $15.7M | $16.0M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.24 | −0.130% | $21K | $431K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.91 | −0.278% | $2K | $3.5M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.28 | −0.115% | $198K | $436K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.43 | −0.049% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 225.98 | −0.247% | $117K | $51K | 10x | as long as short |
Hotstuff NVDA-PERP
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 NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NVDA | +0.0032% | 1h | 226.17 | −0.163% | $2.1M | $3.2M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.01 | −0.234% | $640K | $872K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.16 | −0.168% | $392K | $739K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.29 | −0.110% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAshort | +0.0050% | 1h | 226.08 | −0.203% | $147.2M | $43.7M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.11 | −0.190% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.07 | −0.207% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.06 | −0.212% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0065% | 8h | 226.24 | −0.135% | $483K | $544K | 20x | as long as short |
| Nado NVDA-PERP | +0.0068% | 1h | 226.06 | −0.210% | $480K | $221K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.23 | −0.137% | $1.3M | $9.1M | 10x | as long as short |
| Lighter RH NVDA | +0.0072% | 1h | 226.32 | −0.097% | $5.1M | $7.2M | 20x | as long as short |
| Variational Omni NVDA | +0.0090% | 8h | 226.27 | −0.118% | $3.2M | $2.5M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.04 | −0.221% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.02 | −0.230% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.22 | −0.141% | $36K | $20K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0107% | 8h | 226.24 | −0.132% | $1.6M | $1.0M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.25 | −0.130% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.00 | −0.238% | $1.3M | $681K | 10x | as long as short |
| Binance NVDAUSDT | +0.0151% | 8h | 226.23 | −0.137% | $155.1M | $222.2M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.03 | −0.225% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERPlong | +0.0220% | 1h | 226.54 | long leg | $73K | $138 | 30x | |
| BloFin NVDA-USDT | +0.0268% | 8h | 226.28 | −0.115% | $715K | $200K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0414% | 1h | 226.17 | −0.163% | $53K | $1.9M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0910% | 4h | 226.21 | −0.145% | $171K | $1.9M | 20x | as long as short |
Lighter NVDA
Extended NVDA_24_5-USD
Arcus NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Aster NVDAUSDT
Nado NVDA-PERP
QFEX NVDA-USD
Lighter RH NVDA
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC