NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0013%/8h= +1.5% APRnext payment +$0.02 per $10,000 · paid last 24h +0.007%

Price spread now: Nado against Arcus−0.047%52s7-day average +0.066% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

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

costs, in and out, $10k−$440.435% of the position

Long on Arcus Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.028%−$3 on $10k

Price spread, last 4 days (all we have)+0.112%+$11 · spread now −0.047%, 7d avg +0.066%

Together, before fees+0.083%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.113% cheaper against Arcus than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.066%). If the spread goes back, that is −$11 on $10k: about 28 days of funding at the current rate ($0 a day). The two prices were read 52 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	Arcus NVDA-USD	226.30	0.0040	pay 0.0005% / 1h	45m 39s	$392K	$736K	20x
Short	Nado NVDA-PERP	226.19	0.0054	get 0.0007% / 1h	45m 39s	$480K	$223K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Arcus. 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 ArcusbpFee NadobpOrdersPrice spread, now −0.047%Rate

Funding earned: $2.83
Price spread: −0.047% → +0.066%: −$11.31
Slippage, 4 orders: −$32.02
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$52
Costs to cover: 0.435%
Break-even: 135.7 days

Slippage from Arcus: live order book, 53 min ago; Nado: 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 Arcus live order book, 53 min ago	1.33 bp	9.7 bp −$10	13.8 bp −$138	doesn't fit	doesn't fit
Sell Nado live order book, 52 min ago	1.55 bp	13.3 bp −$13	24.1 bp −$241	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	226.27	−0.013%	$12.5M	$14.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.32	+0.009%	$14.1M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.28	−0.009%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.38	+0.035%	$15.8M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.99	−0.137%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.25	−0.022%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.46	+0.071%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.57	+0.119%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.20	−0.046%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.28	−0.011%	$2.1M	$3.2M	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH NVDA	+0.0040%	1h	226.43	+0.057%	$5.1M	$6.9M	20x	as long as short
Arcus NVDA-USDlong	+0.0040%	1h	226.30	long leg	$392K	$736K	20x
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.075%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.16	−0.062%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.14	−0.071%	$391K	$242K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.21	−0.040%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.11	−0.084%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERPshort	+0.0054%	1h	226.19	−0.047%	$480K	$223K	20x
GRVT NVDA_USDT_Perp	+0.0055%	8h	226.45	+0.066%	$21K	$428K	10x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.30	0.000%	$1.3M	$9.1M	10x	as long as short
Aster NVDAUSDT	+0.0080%	8h	226.34	+0.017%	$482K	$538K	20x	as long as short
Extended NVDA_24_5-USD	+0.0096%	1h	226.17	−0.057%	$644K	$879K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.15	−0.066%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.29	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.30	0.000%	$36K	$20K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.30	0.000%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0106%	8h	226.32	+0.008%	$3.2M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0109%	8h	226.33	+0.013%	$1.6M	$908K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.32	+0.007%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.29	−0.004%	$1.3M	$696K	10x	as long as short
Binance NVDAUSDT	+0.0165%	8h	226.35	+0.023%	$155.1M	$220.9M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.19	−0.049%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.97	+0.296%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0286%	8h	226.36	+0.027%	$711K	$197K	20x	as long as short
edgeX NVDAUSDC	+0.0520%	4h	226.38	+0.037%	$171K	$1.9M	20x	as long as short