Funding you earn now, next payment 06:00 UTC+0.0310%/8h= +33.9% APRnext payment +$0.39 per $10,000 · paid last 24h +0.007%
Price spread now: Extended against Ondo Perps+0.113%7-day average +0.045% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.113%, 7d avg +0.045%
=Together, before fees−0.015%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Extended is 0.068% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.016% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.39 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 | Ondo Perps NVDA-USD.P | 226.38 | 0.0050 | pay 0.0006% / 1h | 11m 48s | $1.6M | $2.0M | 15x |
| Short | Extended NVDA_24_5-USD | 226.63 | 0.0360 | get 0.0045% / 1h | 11m 48s | $668K | $766K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $65.02
- Price spread: +0.113% → +0.045%
- $6.76
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $61.78
- Costs to cover
- 0.100%
- Break-even
- 0.3 days
Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 36 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 Extended live order book, 36 min ago | 0.22 bp | 4.1 bp −$4 | 42.2 bp −$422 | 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 | −0.0016% | 1h | 226.52 | +0.062% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.70 | +0.140% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.81 | +0.190% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.79 | +0.181% | $14.3M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.77 | +0.172% | $7.3M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.80 | +0.186% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.59 | +0.095% | $21K | $417K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.51 | +0.057% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.47 | +0.040% | $198K | $458K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.75 | +0.163% | $2.2M | $42K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0006% | 8h | 226.54 | +0.070% | $3.6M | $2.1M | — | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.43 | +0.024% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.61 | +0.102% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.75 | +0.163% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.83 | +0.199% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.69 | +0.137% | $147.3M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.70 | +0.141% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.62 | +0.106% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.Plong | +0.0050% | 1h | 226.38 | long leg | $1.6M | $2.0M | 15x | |
| Lighter NVDA | +0.0072% | 1h | 226.80 | +0.185% | $2.1M | $3.4M | 20x | as long as short |
| Binance NVDAUSDT | +0.0081% | 8h | 226.85 | +0.208% | $154.6M | $218.8M | 50x | as long as short |
| Nado NVDA-PERP | +0.0082% | 1h | 226.65 | +0.121% | $482K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.60 | +0.097% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.69 | +0.137% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.42 | +0.018% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.74 | +0.159% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.90 | +0.230% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.80 | +0.185% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.58 | +0.088% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.040% | $1.3M | $789K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0191% | 1h | 226.71 | +0.146% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0200% | 8h | 226.74 | +0.159% | $713K | $193K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.88 | +0.221% | $73K | $139 | 30x | as long as short |
| Extended NVDA_24_5-USDshort | +0.0360% | 1h | 226.63 | +0.113% | $668K | $766K | 10x | |
| edgeX NVDAUSDC | +0.0830% | 4h | 226.55 | +0.074% | $170K | $1.9M | 20x | as long as short |
Extended NVDA_24_5-USD
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDA
Aftermath Perps NVDAUSD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Lighter NVDA
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Lighter RH NVDA
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
edgeX NVDAUSDC