Funding you earn now, next payment 09:00 UTC+0.0058%/8h= +6.3% APRnext payment +$0.07 per $10,000 · paid last 24h −0.014%
Price spread now: Nado against Deribit−0.021%46s7-day average +0.010% · 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−$380.376% of the position
Funding, last 4 days (all we have)−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)+0.203%+$20 · spread now −0.021%, 7d avg +0.010%
=Together, before fees+0.079%+ Points / potential airdropNado: Active · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.030% cheaper against Deribit than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.010%). If the spread goes back, that is −$3 on $10k: about 42 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 4 days funding on this pair cost −0.124%, so the current rate has only just turned in your favour. The two prices were read 46 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 | Deribit NVDA_USDC-PERPETUAL | 226.20 | 0 | get 0.0000% / 1h | 38m 38s | $53K | $1.9M | 10x |
| Short | Nado NVDA-PERP | 226.15 | 0.0058 | get 0.0007% / 1h | 38m 38s | $480K | $222K | 20x |
Deribit NVDA_USDC-PERPETUAL
Nado NVDA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Deribit. 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
- $12.09
- Price spread: −0.021% → +0.010%
- −$3.02
- Slippage, 4 orders
- −$23.59
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$28.53
- Costs to cover
- 0.376%
- Break-even
- 23.5 days
Slippage from Deribit: live order book, just now; Nado: live order book, 59 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 Deribit live order book, just now | 3.32 bp | 7.2 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Nado live order book, 59 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 | 226.20 | 0.000% | $12.5M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.22 | +0.009% | $14.1M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.20 | 0.000% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.29 | +0.040% | $15.8M | $16.2M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.33 | +0.057% | $21K | $428K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.96 | −0.106% | $2K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALlong | 0.0000% | 1h | 226.20 | long leg | $53K | $1.9M | 10x | |
| HTX NVDA-USDT | 0.0000% | 8h | 226.31 | +0.049% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.50 | +0.133% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.05 | −0.068% | $117K | $52K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NVDA | +0.0032% | 1h | 226.20 | −0.001% | $2.1M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 226.37 | +0.075% | $5.1M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.14 | −0.027% | $644K | $872K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.22 | +0.009% | $392K | $736K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.37 | +0.075% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.10 | −0.044% | $146.9M | $43.0M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.19 | −0.004% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.12 | −0.035% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.03 | −0.075% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERPshort | +0.0058% | 1h | 226.15 | −0.021% | $480K | $222K | 20x | |
| QFEX NVDA-USD | +0.0072% | 1h | 226.23 | +0.013% | $1.3M | $9.0M | 10x | as long as short |
| Aster NVDAUSDT | +0.0075% | 8h | 226.29 | +0.038% | $482K | $538K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 226.12 | −0.035% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.11 | −0.042% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.11 | −0.040% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.27 | +0.031% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0103% | 8h | 226.23 | +0.012% | $3.2M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0105% | 8h | 226.27 | +0.031% | $1.6M | $935K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.29 | +0.040% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | +0.040% | $1.3M | $687K | 10x | as long as short |
| Binance NVDAUSDT | +0.0160% | 8h | 226.28 | +0.035% | $155.0M | $220.9M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.25 | +0.022% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.97 | +0.340% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0281% | 8h | 226.27 | +0.031% | $710K | $197K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0963% | 4h | 226.23 | +0.012% | $171K | $1.9M | 20x | as long as short |
Lighter NVDA
Lighter RH NVDA
Extended NVDA_24_5-USD
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Aster NVDAUSDT
Hotstuff NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC