NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%

Price spread now: Pacifica against tradeXYZ−0.044%54s7-day average +0.005% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$370.372% of the position

Long on tradeXYZ Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.034%+$3 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.044%, 7d avg +0.005%

Together, before fees+0.101%+ Points / potential airdroptradeXYZ: Active · Pacifica: Active · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.044% now, against its 7-day average of +0.005%). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.034% in total) that is about 10.0 days. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NVDA	227.37	0.0050	pay 0.0006% / 1h	54m 50s	$149.3M	$44.3M	20x
Short	Pacifica NVDA	227.27	0.0100	get 0.0013% / 1h	54m 50s	$298K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.044%Rate

Funding earned: $10.5
Price spread: −0.044% → +0.005%: −$4.89
Slippage, 4 orders: −$11.24
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$31.63
Costs to cover: 0.372%
Break-even: 28.1 days

Slippage from tradeXYZ: live order book, 8 min ago; Pacifica: live order book, 52 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	9.6 bp −$10	10.5 bp −$105	doesn't fit	doesn't fit
Sell Pacifica live order book, 52 min ago	2.86 bp	8.3 bp −$8	doesn't fit	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	227.37	0.000%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.51	+0.062%	$12.6M	$16.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.52	+0.066%	$14.6M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.43	+0.026%	$7.2M	$9.1M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.54	+0.075%	$15.6M	$15.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.07	−0.132%	$2K	$3.3M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.41	+0.018%	$199K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.47	+0.044%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.43	+0.028%	$117K	$51K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.39	+0.007%	$2.1M	$3.1M	20x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.25	−0.055%	$608K	$933K	10x	as long as short
QFEX NVDA-USD	+0.0038%	1h	227.46	+0.040%	$1.3M	$9.0M	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0045%	8h	227.55	+0.079%	$19K	$417K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.63	+0.114%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	227.37	long leg	$149.3M	$44.3M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.42	+0.022%	$392K	$220K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.31	−0.026%	$59K	$16K	10x	as long as short
Aster NVDAUSDT	+0.0050%	8h	227.47	+0.043%	$484K	$565K	20x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.29	−0.035%	$1.5M	$2.0M	15x	as long as short
Arcus NVDA-USD	+0.0083%	1h	227.43	+0.026%	$384K	$721K	20x	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.27	−0.044%	$298K	$50K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.39	+0.009%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.39	+0.009%	$36K	$19K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.33	−0.018%	$16K	$1.9M	10x	as long as short
Nado NVDA-PERP	+0.0120%	1h	227.33	−0.019%	$478K	$207K	20x	as long as short
Aevo NVDA-PERP	+0.0128%	1h	227.44	+0.030%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.41	+0.018%	$1.3M	$667K	10x	as long as short
Variational Omni NVDA	+0.0135%	8h	227.39	+0.011%	$3.3M	$2.4M	—	as long as short
Phoenix NVDA	+0.0141%	1h	227.52	+0.066%	$94K	$83K	20x	as long as short
KuCoin NVDAUSDTM	+0.0151%	8h	227.49	+0.053%	$1.6M	$1.5M	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	227.57	+0.088%	$5.3M	$7.1M	20x	as long as short
Binance NVDAUSDT	+0.0186%	8h	227.51	+0.060%	$155.5M	$225.2M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.90	+0.233%	$73K	$134	30x	as long as short
BloFin NVDA-USDT	+0.0306%	8h	227.44	+0.031%	$740K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0512%	4h	227.54	+0.073%	$172K	$1.9M	20x	as long as short