Funding you earn now, next payment 16:00 UTC−0.0155%/8h= −17.0% APRnext payment −$1.55 per $10,000 · paid last 24h −0.016%
Price spread now: Bitget against KuCoin+0.057%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days−0.148%−$15 on $10k
+Price spread, last 7 days−0.041%−$4 · spread now +0.057%, 7d avg +0.017%
=The price spread pays, funding is against you. Bitget is 0.040% dearer against KuCoin than usual: you sell high and buy low (spread +0.057% now, against its 7-day average of +0.017%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.148% in total) that is about 45 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NVDAUSDTM | 227.69 | 0.0155 | pay 0.0155% / 8h | 5h 02m | $1.6M | $1.5M | 20x |
| Short | Bitget NVDAUSDT | 227.82 | 0 | get 0.0000% / 8h | 5h 02m | $15.7M | $15.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$32.55
- Price spread: +0.057% → +0.017%
- $3.97
- Slippage, 4 orders
- −$17.47
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$70.05
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 6 min ago; Bitget: live order book, 4 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 KuCoin live order book, 6 min ago | 1.32 bp | 10.6 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.22 bp | 6.7 bp −$7 | 10.3 bp −$103 | doesn't fit | doesn't fit |
NVDA on 35 exchanges
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 | −0.1600% | 1h | 227.50 | −0.083% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.77 | +0.035% | $12.7M | $16.1M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.76 | +0.031% | $14.5M | $20.7M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.70 | +0.004% | $7.2M | $9.3M | 100x | as long as short |
| Bitget NVDAUSDTshort | 0.0000% | 8h | 227.82 | +0.057% | $15.7M | $15.8M | 100x | |
| SunX NVDA-USDT | 0.0000% | 8h | 227.26 | −0.189% | $2K | $3.3M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.57 | −0.053% | $16K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.51 | −0.079% | $199K | $399K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.73 | +0.018% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.47 | −0.098% | $117K | $52K | 10x | as long as short |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NVDA | +0.0032% | 1h | 227.70 | +0.006% | $2.1M | $3.2M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.56 | −0.059% | $610K | $930K | 10x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.68 | −0.004% | $1.4M | $9.0M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.90 | +0.092% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.64 | −0.022% | $149.5M | $45.9M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.67 | −0.009% | $392K | $212K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.60 | −0.040% | $59K | $16K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.49 | −0.088% | $1.5M | $2.0M | 15x | as long as short |
| Aster NVDAUSDT | +0.0053% | 8h | 227.63 | −0.027% | $484K | $565K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0064% | 8h | 227.65 | −0.016% | $20K | $418K | 10x | as long as short |
| Nado NVDA-PERP | +0.0084% | 1h | 227.65 | −0.018% | $479K | $208K | 20x | as long as short |
| Lighter RH NVDA | +0.0088% | 1h | 227.86 | +0.075% | $5.3M | $7.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.59 | −0.045% | $299K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.55 | −0.061% | $16K | $45K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.65 | −0.018% | $36K | $19K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0128% | 1h | 227.67 | −0.010% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 227.41 | −0.123% | $1.3M | $671K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.59 | −0.044% | $94K | $82K | 20x | as long as short |
| Variational Omni NVDA | +0.0144% | 8h | 227.62 | −0.029% | $3.3M | $2.4M | — | as long as short |
| KuCoin NVDAUSDTMlong | +0.0155% | 8h | 227.69 | long leg | $1.6M | $1.5M | 20x | |
| Binance NVDAUSDT | +0.0188% | 8h | 227.76 | +0.030% | $155.7M | $224.9M | 50x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.90 | +0.092% | $73K | $141 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0310% | 8h | 227.74 | +0.022% | $737K | $202K | 20x | as long as short |
| Arcus NVDA-USD | +0.0320% | 1h | 227.67 | −0.009% | $386K | $720K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0402% | 4h | 227.64 | −0.021% | $171K | $1.9M | 20x | as long as short |
KuCoin NVDAUSDTM
Bitget NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Lighter NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Aster NVDAUSDT
GRVT NVDA_USDT_Perp
Lighter RH NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Variational Omni NVDA
Binance NVDAUSDT
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC