NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0350%/8h= +38.3% APRnext payment +$0.44 per $10,000 · paid last 24h −0.001%

Price spread now: Extended against tradeXYZ−0.007%7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$290.289% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.035%−$3 on $10k

Price spread, last 4 days (all we have)−0.007%−$1 · spread now −0.007%, 7d avg +0.005%

Together, before fees−0.041%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$4 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.005%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.035% in total (about -1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.44 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	tradeXYZ xyz:NVDA	227.41	0.0050	pay 0.0006% / 1h	34m 59s	$147.7M	$43.7M	20x
Short	Extended NVDA_24_5-USD	227.39	0.0400	get 0.0050% / 1h	34m 59s	$685K	$733K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee tradeXYZbpFee ExtendedbpOrdersPrice spread, now −0.007%Rate

Funding earned: $73.5
Price spread: −0.007% → +0.005%: −$1.2
Slippage, 4 orders: −$5.85
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $43.45
Costs to cover: 0.289%
Break-even: 2.9 days

Slippage from tradeXYZ: live order book, 5 min ago; Extended: live order book, 23 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, 5 min ago	0.22 bp	9.6 bp −$10	10.8 bp −$108	doesn't fit	doesn't fit
Sell Extended live order book, 23 min ago	0.22 bp	4.1 bp −$4	27.7 bp −$277	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
Bybit NVDAUSDT	0.0000%	8h	227.55	+0.062%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.54	+0.057%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.50	+0.040%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.60	+0.084%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.19	−0.097%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.45	+0.018%	$49K	$1.6M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.64	+0.101%	$198K	$471K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.59	+0.079%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	227.40	−0.003%	$118K	$54K	10x	as long as short
Aster NVDAUSDT	+0.0036%	8h	227.56	+0.067%	$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	227.45	+0.018%	$400K	$745K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.69	+0.123%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	227.41	long leg	$147.7M	$43.7M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.53	+0.053%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.42	+0.004%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.048%	$1.6M	$2.0M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0053%	8h	227.57	+0.071%	$21K	$391K	10x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.51	+0.044%	$1.4M	$9.3M	10x	as long as short
Lighter NVDA	+0.0064%	1h	227.54	+0.057%	$2.2M	$3.3M	20x	as long as short
Variational Omni NVDA	+0.0068%	8h	227.54	+0.055%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERP	+0.0073%	1h	227.49	+0.034%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.45	+0.016%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.45	+0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	+0.040%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	+0.053%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.52	+0.050%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0120%	8h	227.56	+0.067%	$156.5M	$216.2M	50x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.70	+0.128%	$5.1M	$7.1M	20x	as long as short
KuCoin NVDAUSDTM	+0.0140%	8h	227.55	+0.062%	$1.6M	$725K	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.45	+0.018%	$94K	$112K	20x	as long as short
Hotstuff NVDA-PERP	+0.0144%	1h	227.42	+0.004%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.84	+0.189%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0240%	8h	227.56	+0.066%	$721K	$201K	20x	as long as short
edgeX NVDAUSDC	+0.0374%	4h	227.49	+0.037%	$170K	$1.9M	20x	as long as short
Extended NVDA_24_5-USDshort	+0.0400%	1h	227.39	−0.007%	$685K	$733K	10x