Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.016%
Price spread now: Bybit against tradeXYZ+0.066%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.066%, 7d avg +0.076%
=Together, before fees−0.098%+ Points / potential airdroptradeXYZ: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.45 | 0.0050 | pay 0.0006% / 1h | 10m 29s | $147.8M | $43.6M | 20x |
| Short | Bybit NVDAUSDT | 227.60 | 0 | get 0.0000% / 8h | 4h 10m | $12.7M | $14.8M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- −$10.5
- Price spread: +0.066% → +0.076%
- −$1.05
- Slippage, 4 orders
- −$3.01
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$43.55
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Bybit: 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 tradeXYZ live order book, 8 min ago | 0.22 bp | 9.2 bp −$9 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.22 bp | 6.2 bp −$6 | 9.2 bp −$92 | 61.6 bp −$6,163 | 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 NVDAUSDTshort | 0.0000% | 8h | 227.60 | +0.066% | $12.7M | $14.8M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.58 | +0.057% | $14.4M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.53 | +0.035% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.63 | +0.079% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.22 | −0.101% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.084% | $198K | $468K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.62 | +0.075% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.56 | +0.047% | $118K | $54K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0021% | 8h | 227.63 | +0.079% | $20K | $390K | 10x | as long as short |
| Aster NVDAUSDT | +0.0030% | 8h | 227.59 | +0.064% | $483K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 227.54 | +0.040% | $399K | $741K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.110% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.45 | long leg | $147.8M | $43.6M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | +0.048% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.45 | 0.000% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.36 | −0.040% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.55 | +0.044% | $1.3M | $9.2M | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.50 | +0.022% | $49K | $1.6M | 10x | as long as short |
| Variational Omni NVDA | +0.0061% | 8h | 227.56 | +0.050% | $3.5M | $2.1M | — | as long as short |
| Nado NVDA-PERP | +0.0069% | 1h | 227.48 | +0.012% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0072% | 1h | 227.57 | +0.054% | $2.2M | $3.3M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0088% | 1h | 227.45 | 0.000% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | +0.004% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.47 | +0.009% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.56 | +0.048% | $36K | $21K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.035% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.57 | +0.055% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0115% | 8h | 227.63 | +0.077% | $156.2M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0129% | 8h | 227.63 | +0.079% | $1.6M | $722K | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.52 | +0.031% | $94K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 227.73 | +0.123% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.202% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0235% | 8h | 227.63 | +0.079% | $721K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0344% | 1h | 227.44 | −0.007% | $673K | $752K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0852% | 4h | 227.56 | +0.049% | $170K | $1.9M | 20x | as long as short |
tradeXYZ xyz:NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDT
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Variational Omni NVDA
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
KuCoin NVDAUSDTM
Phoenix NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC