Funding you earn now, next payment 10:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.006%
Price spread now: Arcus against Nado+0.032%52s7-day average −0.064% · 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—prices read too far apart to compare
costs, in and out, $10k−$350.348% of the position
Funding, last 4 days (all we have)+0.028%+$3 on $10k
+Price spread, last 4 days (all we have)−0.081%−$8 · spread now +0.032%, 7d avg −0.064%
=Together, before fees−0.053%+ Points / potential airdropNado: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.096% dearer against Nado than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of −0.064%. 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 | Nado NVDA-PERP | 226.43 | 0.0113 | pay 0.0014% / 1h | 19m 37s | $478K | $209K | 20x |
| Short | Arcus NVDA-USD | 226.50 | 0.0225 | get 0.0028% / 1h | 19m 37s | $383K | $703K | 20x |
Nado NVDA-PERP
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Nado. 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
- $23.53
- Price spread: +0.032% → −0.064%
- $9.6
- Slippage, 4 orders
- −$23.29
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$1.66
- Costs to cover
- 0.348%
- Break-even
- 7.5 days
Slippage from Nado: live order book, 31 min ago; Arcus: live order book, 32 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 Nado live order book, 31 min ago | 1.10 bp | 8.6 bp −$9 | 19.3 bp −$193 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 32 min ago | 1.32 bp | 7.1 bp −$7 | 9.9 bp −$99 | doesn't fit | doesn't fit |
NVDA on 35 exchanges
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 | 226.56 | +0.058% | $12.7M | $15.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.57 | +0.062% | $14.3M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.46 | +0.014% | $7.2M | $9.5M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.62 | +0.085% | $15.6M | $15.9M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.08 | −0.154% | $2K | $3.4M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.40 | −0.013% | $37K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.63 | +0.089% | $198K | $400K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.68 | +0.111% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 226.49 | +0.028% | $117K | $51K | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.41 | −0.010% | $617K | $926K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Extended NVDA_24_5-USDShow all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0040% | 8h | 226.64 | +0.093% | $21K | $430K | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.69 | +0.115% | — | $74K | 25x | as long as short |
| QFEX NVDA-USD | +0.0047% | 1h | 226.52 | +0.040% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.43 | +0.001% | $147.7M | $45.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.47 | +0.018% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.43 | +0.001% | $59K | $17K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.30 | −0.057% | $1.6M | $1.9M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0056% | 1h | 226.43 | +0.001% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | +0.0078% | 8h | 226.57 | +0.063% | $484K | $565K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.52 | +0.042% | $2.1M | $3.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.37 | −0.026% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.55 | +0.054% | $16K | $45K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.56 | +0.058% | $36K | $19K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.57 | +0.062% | $93K | $83K | 20x | as long as short |
| Nado NVDA-PERPlong | +0.0113% | 1h | 226.43 | long leg | $478K | $209K | 20x | |
| Variational Omni NVDA | +0.0114% | 8h | 226.54 | +0.049% | $3.3M | $2.4M | — | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.53 | +0.045% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.45 | +0.009% | $1.3M | $665K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0131% | 8h | 226.59 | +0.071% | $1.6M | $1.2M | 20x | as long as short |
| Binance NVDAUSDT | +0.0164% | 8h | 226.58 | +0.068% | $155.3M | $223.4M | 50x | as long as short |
| Lighter RH NVDA | +0.0176% | 1h | 226.70 | +0.120% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.08 | +0.288% | $73K | $138 | 30x | as long as short |
| Arcus NVDA-USDshort | +0.0225% | 1h | 226.50 | +0.032% | $383K | $703K | 20x | |
| edgeX NVDAUSDC | +0.0268% | 4h | 226.70 | +0.122% | $170K | $1.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0287% | 8h | 226.60 | +0.076% | $726K | $202K | 20x | as long as short |
GRVT NVDA_USDT_Perp
Vest NVDA-USD-PERP
QFEX NVDA-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Aster NVDAUSDT
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Phoenix NVDA
Variational Omni NVDA
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
KuCoin NVDAUSDTM
Binance NVDAUSDT
Lighter RH NVDA
Injective NVDA/USDC PERP
edgeX NVDAUSDC
BloFin NVDA-USDT