NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.012%

Price spread now: Arcus against Ondo Perps+0.097%7-day average +0.007% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Arcus

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.037%+$4 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.097%, 7d avg +0.007%

Together, before fees−0.055%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Arcus is 0.090% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.097% now, against its 7-day average of +0.007%): +$9 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 30 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NVDA-USD.P	227.21	0.0050	pay 0.0006% / 1h	50m 14s	$1.6M	$2.0M	15x
Short	Arcus NVDA-USD	227.43	0.0040	get 0.0005% / 1h	50m 14s	$399K	$741K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Ondo Perps. 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 Ondo PerpsbpFee ArcusbpOrdersPrice spread, now +0.097%Rate

Funding earned: −$2.13
Price spread: +0.097% → +0.007%: $9.02
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$2.61
Costs to cover: 0.095%
Break-even: never at this rate

Slippage unknown: Ondo Perps: no order-book sample; Arcus: live order book, 4 min ago. 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 Ondo Perps no order-book sample	—	—	—	—	—
Sell Arcus live order book, 4 min ago	1.32 bp	11.4 bp −$11	15.4 bp −$154	doesn't fit	doesn't fit

Ondo Perps: 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 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
Hotstuff NVDA-PERP	−0.0024%	1h	227.35	+0.062%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.40	+0.084%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.39	+0.079%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.36	+0.066%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.44	+0.101%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.53	+0.141%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.01	−0.088%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.60	+0.172%	$198K	$465K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.56	+0.154%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.37	+0.069%	$118K	$53K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0019%	8h	227.39	+0.079%	$483K	$590K	20x	as long as short
Arcus NVDA-USDshort	+0.0040%	1h	227.43	+0.097%	$399K	$741K	20x
QFEX NVDA-USD	+0.0041%	1h	227.38	+0.075%	$1.3M	$9.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.141%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	227.39	+0.078%	$2.2M	$3.3M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.26	+0.022%	$147.7M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.39	+0.079%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.28	+0.031%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.Plong	+0.0050%	1h	227.21	long leg	$1.6M	$2.0M	15x
Variational Omni NVDA	+0.0052%	8h	227.47	+0.112%	$3.6M	$2.2M	—	as long as short
Nado NVDA-PERP	+0.0057%	1h	227.30	+0.041%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.29	+0.037%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.41	+0.088%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.34	+0.057%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.40	+0.086%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0105%	8h	227.43	+0.095%	$156.0M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	227.42	+0.092%	$1.6M	$724K	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.53	+0.141%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.141%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	+0.110%	$94K	$112K	20x	as long as short
edgeX NVDAUSDC	+0.0174%	4h	227.50	+0.130%	$171K	$1.9M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0190%	1h	227.35	+0.062%	$49K	$1.7M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.83	+0.273%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0226%	8h	227.52	+0.136%	$720K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0232%	1h	227.21	+0.002%	$675K	$776K	10x	as long as short