Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.018%
Price spread now: Gate against tradeXYZ+0.035%7-day average +0.061% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$430.428% of the position
Funding, last 7 days−0.192%−$19 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now +0.035%, 7d avg +0.061%
=Together, before fees−0.169%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.026% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.061%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.55 | 0.0050 | pay 0.0006% / 1h | 49m 12s | $148.1M | $44.2M | 20x |
| Short | Gate NVDA_USDT | 227.63 | 0 | get 0.0000% / 8h | 5h 49m | $7.2M | $9.6M | 100x |
tradeXYZ xyz:NVDA
Gate NVDA_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.035% → +0.061%
- −$2.55
- Slippage, 4 orders
- −$9.83
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$55.88
- Costs to cover
- 0.428%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Gate: 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 tradeXYZ live order book, 11 min ago | 0.44 bp | 9.9 bp −$10 | 11.5 bp −$115 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 0.66 bp | 12.4 bp −$12 | 22.5 bp −$225 | doesn't fit | doesn't fit |
NVDA on 34 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 | 227.64 | +0.040% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.66 | +0.048% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDTshort | 0.0000% | 8h | 227.63 | +0.035% | $7.2M | $9.6M | 100x | |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.75 | +0.088% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.76 | +0.092% | $20K | $385K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.24 | −0.136% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.84 | +0.127% | $198K | $480K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.78 | +0.101% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0003% | 8h | 227.70 | +0.067% | $484K | $590K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.53 | −0.008% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 34 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0027% | 8h | 227.69 | +0.062% | $3.5M | $2.0M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.72 | +0.075% | $406K | $712K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.70 | +0.066% | $1.4M | $9.7M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.83 | +0.123% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.55 | long leg | $148.1M | $44.2M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.64 | +0.040% | $402K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.54 | −0.004% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.52 | −0.013% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.46 | −0.040% | $1.3M | $776K | 10x | as long as short |
| Binance NVDAUSDT | +0.0087% | 8h | 227.67 | +0.052% | $156.2M | $215.3M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.59 | +0.017% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.57 | +0.009% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.66 | +0.048% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.60 | +0.022% | $49K | $1.6M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.66 | +0.050% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.58 | +0.013% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERP | +0.0124% | 1h | 227.62 | +0.029% | $484K | $229K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0129% | 8h | 227.74 | +0.083% | $1.6M | $723K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0144% | 1h | 227.57 | +0.009% | $35K | — | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 227.68 | +0.056% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0200% | 1h | 227.80 | +0.110% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.158% | $73K | $134 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0240% | 1h | 227.52 | −0.013% | $689K | $714K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0375% | 4h | 227.68 | +0.058% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Phoenix NVDA
Nado NVDA-PERP
KuCoin NVDAUSDTM
Hotstuff NVDA-PERP
Lighter NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC