NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0456%/8h= −49.9% APRnext payment −$0.57 per $10,000 · paid last 24h +0.021%

Price spread now: Deribit against Extended+0.035%7-day average +0.020% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$270.272% of the position

Long on Extended Short on Deribit

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.102%+$10 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.035%, 7d avg +0.020%

Together, before fees+0.053%+ Points / potential airdropExtended: Active · farm board+$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.020%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.102%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.102% in total (about 7.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.57 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NVDA_24_5-USD	226.16	0.0456	pay 0.0057% / 1h	33m 15s	$667K	$762K	10x
Short	Deribit NVDA_USDC-PERPETUAL	226.24	0	get 0.0000% / 1h	33m 15s	$53K	$1.8M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Deribit against Extended. 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 ExtendedbpFee DeribitbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$95.76
Price spread: +0.035% → +0.020%: $1.49
Slippage, 4 orders: −$15.23
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Deribit: 3.5 bp × 2 orders: −$7
Net: −$121.51
Costs to cover: 0.272%
Break-even: never at this rate

Slippage from Extended: live order book, 10 min ago; Deribit: live order book, 1 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 Extended live order book, 10 min ago	0.22 bp	8.5 bp −$9	88.0 bp −$880	doesn't fit	doesn't fit
Sell Deribit live order book, 1 min ago	3.32 bp	7.2 bp −$7	8.1 bp −$81	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	226.31	+0.066%	$12.4M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.28	+0.053%	$14.1M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.25	+0.040%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.34	+0.080%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.40	+0.106%	$22K	$422K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.96	−0.088%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUALshort	0.0000%	1h	226.24	+0.035%	$53K	$1.8M	10x
HTX NVDA-USDT	0.0000%	8h	226.46	+0.133%	$198K	$452K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.69	+0.234%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0001%	8h	226.37	+0.092%	$482K	$571K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0017%	1h	226.19	+0.014%	$117K	$51K	10x	as long as short
Variational Omni NVDA	+0.0018%	8h	226.38	+0.095%	$3.5M	$2.2M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.26	+0.044%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.41	+0.111%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.18	+0.009%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.19	+0.013%	$393K	$283K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.17	+0.004%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.05	−0.049%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.30	+0.062%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.13	−0.013%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0087%	8h	226.34	+0.078%	$154.3M	$219.4M	50x	as long as short
Lighter NVDA	+0.0088%	1h	226.30	+0.063%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.19	+0.014%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.34	+0.080%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.25	+0.040%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.27	+0.049%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.28	+0.054%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.26	+0.044%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	+0.057%	$1.3M	$789K	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	226.42	+0.115%	$5.0M	$6.9M	20x	as long as short
Nado NVDA-PERP	+0.0136%	1h	226.20	+0.020%	$480K	$226K	20x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	226.43	+0.119%	$714K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.01	+0.376%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USDlong	+0.0456%	1h	226.16	long leg	$667K	$762K	10x
edgeX NVDAUSDC	+0.0491%	4h	226.35	+0.082%	$170K	$1.9M	20x	as long as short