Funding you earn now, next payment 06:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h −0.015%
Price spread now: QFEX against ApeX Omni−0.040%56s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.040% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 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 | ApeX Omni NVDAUSDT | 226.52 | 0.0100 | pay 0.0013% / 1h | 56m 12s | $16K | $44K | 50x |
| Short | QFEX NVDA-USD | 226.43 | 0.0056 | get 0.0007% / 1h | 56m 12s | $1.3M | $9.1M | 10x |
ApeX Omni NVDAUSDT
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against ApeX Omni. 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
- −$9.17
- Price spread: −0.040% → 0.000%
- −$3.97
- Slippage, 4 orders
- no order book: not counted
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.15
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: ApeX Omni: no order-book sample; QFEX: live order book, 8 min ago. Net counts fees only.
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 ApeX Omni no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 8 min ago | 1.54 bp | 6.5 bp −$7 | 6.9 bp −$69 | 11.8 bp −$1,183 | doesn't fit |
ApeX Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.47 | −0.022% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.43 | −0.040% | $12.4M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.44 | −0.035% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | −0.053% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.48 | −0.018% | $15.2M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.72 | +0.087% | $21K | $416K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.18 | −0.150% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.72 | +0.088% | $198K | $455K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.66 | +0.062% | $2.2M | $42K | 10x | as long as short |
| Variational Omni NVDA | +0.0008% | 8h | 226.69 | +0.076% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.43 | −0.039% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.55 | +0.013% | $398K | $734K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.55 | +0.013% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.30 | −0.097% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.37 | −0.066% | $398K | $279K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.33 | −0.084% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.48 | −0.018% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USDshort | +0.0056% | 1h | 226.43 | −0.040% | $1.3M | $9.1M | 10x | |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.50 | −0.009% | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | +0.0083% | 8h | 226.45 | −0.032% | $154.3M | $219.1M | 50x | as long as short |
| Lighter NVDA | +0.0088% | 1h | 226.42 | −0.045% | $2.1M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.36 | −0.070% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.48 | −0.018% | $1.6M | $745K | 20x | as long as short |
| ApeX Omni NVDAUSDTlong | +0.0100% | 1h | 226.52 | long leg | $16K | $44K | 50x | |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.44 | −0.035% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.47 | −0.023% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.58 | +0.026% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.102% | $1.3M | $789K | 10x | as long as short |
| Nado NVDA-PERP | +0.0149% | 1h | 226.35 | −0.074% | $481K | $226K | 20x | as long as short |
| Lighter RH NVDA | +0.0184% | 1h | 226.55 | +0.013% | $5.0M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0203% | 8h | 226.61 | +0.040% | $715K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.95 | +0.190% | $73K | $135 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0236% | 1h | 226.37 | −0.066% | $52K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0318% | 4h | 226.63 | +0.048% | $170K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0408% | 1h | 226.27 | −0.110% | $668K | $767K | 10x | as long as short |
Aftermath Perps NVDAUSD
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Binance NVDAUSDT
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERP
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC
Extended NVDA_24_5-USD