Funding you earn now, next payment 22:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.008%
Price spread now: Aster against Pacifica+0.027%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 7 days−0.013%−$1 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.027%, 7d avg +0.057%
=Together, before fees+0.031%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.030% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.057%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 226.89 | 0.0100 | pay 0.0013% / 1h | 10m 16s | $298K | $60K | 10x |
| Short | Aster NVDAUSDT | 226.95 | 0 | get 0.0000% / 8h | 2h 10m | $473K | $550K | 20x |
Pacifica NVDA
Aster NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Pacifica. 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
- −$21
- Price spread: +0.027% → +0.057%
- −$2.96
- Slippage, 4 orders
- −$6.16
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$46.12
- Costs to cover
- 0.222%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 13 min ago; Aster: live order book, 12 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 Pacifica live order book, 13 min ago | 0.88 bp | 4.9 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 12 min ago | 0.44 bp | 5.3 bp −$5 | 9.1 bp −$91 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0032% | 1h | 226.93 | +0.019% | $35K | — | 20x | as long as short |
| Aster NVDAUSDTshort | 0.0000% | 8h | 226.95 | +0.027% | $473K | $550K | 20x | |
| Binance NVDAUSDT | 0.0000% | 8h | 227.01 | +0.054% | $156.1M | $220.8M | 50x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.96 | +0.032% | $12.6M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.02 | +0.058% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.97 | +0.036% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.08 | +0.086% | $3.5M | $2.4M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.11 | +0.097% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.72 | −0.074% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.95 | +0.028% | $49K | $1.5M | 10x | as long as short |
Hotstuff NVDA-PERP
Binance NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NVDA-USDT | 0.0000% | 8h | 227.13 | +0.107% | $202K | $527K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.10 | +0.094% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.02 | +0.059% | $118K | $54K | 10x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.02 | +0.058% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.14 | +0.111% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.85 | −0.018% | $522K | $409K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.13 | +0.107% | — | $73K | 25x | as long as short |
| Bitget NVDAUSDT | +0.0046% | 8h | 226.99 | +0.045% | $15.6M | $18.3M | 100x | as long as short |
| Nado NVDA-PERP | +0.0048% | 1h | 226.90 | +0.005% | $487K | $226K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.87 | −0.008% | $147.0M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.00 | +0.050% | $400K | $261K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.89 | +0.001% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.84 | −0.021% | $1.6M | $2.1M | 15x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.01 | +0.054% | $93K | $112K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.01 | +0.054% | — | — | 10x | as long as short |
| Lighter NVDA | +0.0088% | 1h | 227.03 | +0.063% | $2.1M | $3.3M | 20x | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 226.89 | long leg | $298K | $60K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.05 | +0.072% | $1.6M | $753K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.06 | +0.076% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.98 | +0.041% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | +0.054% | $1.3M | $911K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0120% | 8h | 227.07 | +0.080% | $714K | $205K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.44 | +0.243% | $73K | $137 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 226.99 | +0.045% | $384K | $695K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0820% | 4h | 227.14 | +0.111% | $170K | $1.9M | 20x | as long as short |
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
QFEX NVDA-USD
Lighter RH NVDA
Extended NVDA_24_5-USD
Vest NVDA-USD-PERP
Bitget NVDAUSDT
Nado NVDA-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Phoenix NVDA
Aevo NVDA-PERP
Lighter NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Arcus NVDA-USD
edgeX NVDAUSDC