Funding you earn now, next payment 09:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h +0.009%
Price spread now: Phoenix against Nado+0.062%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phoenix is 0.062% dearer against Nado than usual: you sell high and buy low, +$6 on $10k if it goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 226.43 | 0.0112 | pay 0.0014% / 1h | 19m 36s | $478K | $209K | 20x |
| Short | Phoenix NVDA | 226.57 | 0.0106 | get 0.0013% / 1h | 19m 36s | $93K | $83K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$1.31
- Price spread: +0.062% → 0.000%
- $6.22
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$9.09
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 31 min ago; Phoenix: 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 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 Phoenix no order-book sample | — | — | — | — | — |
Phoenix: 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 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 | 226.47 | +0.018% | $7.2M | $9.5M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.63 | +0.089% | $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 | +0.027% | $117K | $51K | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.41 | −0.011% | $617K | $929K | 10x | as long as short |
Show 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 | 226.70 | +0.120% | — | $74K | 25x | as long as short |
| QFEX NVDA-USD | +0.0047% | 1h | 226.55 | +0.053% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.43 | 0.000% | $147.7M | $45.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.46 | +0.014% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.43 | 0.000% | $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 |
| Aster NVDAUSDT | +0.0078% | 8h | 226.56 | +0.059% | $484K | $565K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.52 | +0.041% | $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 | 226.45 | +0.009% | $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 NVDAshort | +0.0106% | 1h | 226.57 | +0.062% | $93K | $83K | 20x | |
| Nado NVDA-PERPlong | +0.0112% | 1h | 226.43 | long leg | $478K | $209K | 20x | |
| Variational Omni NVDA | +0.0114% | 8h | 226.54 | +0.048% | $3.3M | $2.4M | — | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.53 | +0.044% | — | — | 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 |
| Hotstuff NVDA-PERP | +0.0152% | 1h | 226.43 | 0.000% | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | +0.0164% | 8h | 226.57 | +0.064% | $155.3M | $223.3M | 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 | +0.287% | $73K | $138 | 30x | as long as short |
| Arcus NVDA-USD | +0.0225% | 1h | 226.50 | +0.031% | $383K | $703K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0287% | 8h | 226.60 | +0.075% | $726K | $202K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0693% | 4h | 226.54 | +0.050% | $170K | $1.9M | 20x | as long as short |
Phoenix NVDA
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-USD
GRVT NVDA_USDT_Perp
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Aster NVDAUSDT
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Variational Omni NVDA
Coinbase International NVDA-PERP-INTX
KuCoin NVDAUSDTM
Binance NVDAUSDT
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC