NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0114%/8h= +12.5% APRnext payment +$0.14 per $10,000 · paid last 24h −0.067%

Price spread now: Hotstuff against Deribit−0.044%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.044% cheaper against Deribit than usual: you would sell low and buy high (spread −0.044% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	227.40	0.0014	pay 0.0002% / 1h	0m 44s	$49K	$1.4M	10x
Short	Hotstuff NVDA-PERP	227.30	0.0128	get 0.0016% / 1h	0m 44s	$35K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff against Deribit. 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 DeribitbpFee HotstuffbpOrdersPrice spread, now −0.044%Rate

Funding earned: $23.96
Price spread: −0.044% → 0.000%: −$4.4
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: $7.56
Costs to cover: 0.120%
Break-even: 4.8 days

Slippage unknown: Deribit: live order book, 3 min ago; Hotstuff: no order-book sample. 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 Deribit live order book, 3 min ago	3.74 bp	7.7 bp −$8	10.4 bp −$104	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: 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	227.49	+0.039%	$482K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.43	+0.013%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	+0.022%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.40	0.000%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.45	+0.024%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.55	+0.064%	$20K	$405K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.02	−0.167%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.53	+0.057%	$197K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.52	+0.053%	$2.2M	$42K	10x	as long as short
Deribit NVDA_USDC-PERPETUALlong	+0.0014%	1h	227.40	long leg	$49K	$1.4M	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0016%	1h	227.35	−0.020%	$118K	$56K	10x	as long as short
Bitget NVDAUSDT	+0.0020%	8h	227.45	+0.022%	$15.5M	$17.4M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.29	−0.047%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0035%	8h	227.48	+0.035%	$156.3M	$219.3M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.057%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	−0.040%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.42	+0.009%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.34	−0.026%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.21	−0.084%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0058%	1h	227.36	−0.018%	$484K	$229K	20x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.42	+0.009%	$1.6M	$11.5M	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.44	+0.018%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.172%	$1.3M	$839K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.31	−0.039%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.37	−0.013%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	+0.009%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.38	−0.009%	$93K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0112%	8h	227.52	+0.053%	$1.6M	$742K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.28	−0.053%	$399K	$724K	20x	as long as short
Hotstuff NVDA-PERPshort	+0.0128%	1h	227.30	−0.044%	$35K	—	20x
BloFin NVDA-USDT	+0.0143%	8h	227.49	+0.040%	$714K	$205K	20x	as long as short
Lighter NVDA	+0.0168%	1h	227.49	+0.040%	$2.2M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0168%	1h	227.61	+0.092%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.67	+0.119%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0312%	4h	227.49	+0.039%	$171K	$1.9M	20x	as long as short