Funding you earn now, next payment 08:00 UTC−0.0103%/8h= −11.3% APRnext payment −$0.13 per $10,000 · paid last 24h −0.021%
Price spread now: QFEX against Nado+0.066%7-day average +0.011% · 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−$30as in the Price arb table
costs, in and out, $10k−$350.354% of the position
Funding, last 4 days (all we have)−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.107%−$11 · spread now +0.066%, 7d avg +0.011%
=Together, before fees−0.129%+ Points / potential airdropNado: Active · farm board−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.055% dearer against Nado than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.011%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 43 hours. At the pace of the last 4 days (−0.022% in total) that is about 8.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 226.16 | 0.0167 | pay 0.0021% / 1h | 19m 53s | $480K | $223K | 20x |
| Short | QFEX NVDA-USD | 226.31 | 0.0064 | get 0.0008% / 1h | 19m 53s | $1.3M | $9.1M | 10x |
Nado NVDA-PERP
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$21.59
- Price spread: +0.066% → +0.011%
- $5.52
- Slippage, 4 orders
- −$18.39
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$51.46
- Costs to cover
- 0.354%
- Break-even
- never at this rate
Slippage from Nado: live order book, 18 min ago; QFEX: live order book, 9 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, 18 min ago | 1.55 bp | 9.9 bp −$10 | 21.5 bp −$215 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 1.11 bp | 6.1 bp −$6 | 6.1 bp −$61 | 10.8 bp −$1,080 | 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 | 226.27 | +0.049% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.29 | +0.058% | $14.1M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.26 | +0.044% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.38 | +0.097% | $15.9M | $16.7M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.96 | −0.088% | $3K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.40 | +0.106% | $198K | $443K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.61 | +0.199% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 226.05 | −0.050% | $117K | $50K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0031% | 8h | 226.23 | +0.031% | $22K | $423K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.20 | +0.018% | $392K | $740K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.38 | +0.097% | — | $74K | 25x | as long as short |
| Aster NVDAUSDT | +0.0048% | 8h | 226.32 | +0.070% | $482K | $530K | 20x | 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 | 226.08 | −0.035% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USDshort | +0.0064% | 1h | 226.31 | +0.066% | $1.3M | $9.1M | 10x | |
| Hotstuff NVDA-PERP | +0.0072% | 1h | 226.14 | −0.009% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0073% | 8h | 226.31 | +0.064% | $3.5M | $2.2M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0081% | 1h | 226.17 | +0.004% | $146.9M | $43.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0081% | 1h | 226.27 | +0.049% | $391K | $247K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.17 | +0.004% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.30 | +0.062% | $1.6M | $783K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.03 | −0.057% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.30 | +0.062% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.31 | +0.067% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.031% | $1.3M | $697K | 10x | as long as short |
| Binance NVDAUSDT | +0.0133% | 8h | 226.30 | +0.061% | $155.3M | $219.8M | 50x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0148% | 1h | 226.24 | +0.035% | $53K | $1.9M | 10x | as long as short |
| Lighter NVDA | +0.0152% | 1h | 226.29 | +0.056% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERPlong | +0.0167% | 1h | 226.16 | long leg | $480K | $223K | 20x | |
| Phoenix NVDA | +0.0177% | 1h | 226.13 | −0.013% | $93K | $83K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0215% | 4h | 226.19 | +0.013% | $170K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.78 | +0.274% | $73K | $139 | 30x | as long as short |
| Lighter RH NVDA | +0.0224% | 1h | 226.43 | +0.119% | $5.1M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0252% | 8h | 226.34 | +0.080% | $713K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0320% | 1h | 226.08 | −0.035% | $644K | $875K | 10x | as long as short |
Vest NVDA-USD-PERP
Aster NVDAUSDT
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD