NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.010%

Price spread now: QFEX against Ondo Perps+0.114%7-day average +0.068% · you sell dearer than you buy

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

Long on Ondo Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.029%−$3 on $10k

Price spread, last 7 days−0.035%−$4 · spread now +0.114%, 7d avg +0.068%

Together, before fees−0.064%+ Points / potential airdropOndo Perps: Active · farm board−$6 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.046% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.068%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps NVDA-USD.P	227.10	0.0050	pay 0.0006% / 1h	25m 48s	$1.6M	$2.1M	15x
Short	QFEX NVDA-USD	227.36	0.0060	get 0.0008% / 1h	25m 48s	$1.6M	$11.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.114%Rate

Funding earned: $2.05
Price spread: +0.114% → +0.068%: $4.63
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$8.32
Costs to cover: 0.150%
Break-even: 35.4 days

Slippage unknown: Ondo Perps: no order-book sample; QFEX: live order book, 8 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 QFEX live order book, 8 min ago	1.54 bp	6.5 bp −$7	7.4 bp −$74	11.1 bp −$1,112	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
Aster NVDAUSDT	0.0000%	8h	227.37	+0.117%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.33	+0.101%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.31	+0.092%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.27	+0.075%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.33	+0.101%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.47	+0.164%	$20K	$415K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.83	−0.119%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.38	+0.123%	$198K	$522K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.34	+0.106%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0029%	1h	227.21	+0.049%	$118K	$56K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.19	+0.041%	$536K	$446K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.35	+0.110%	$15.5M	$17.7M	100x	as long as short
Binance NVDAUSDT	+0.0041%	8h	227.34	+0.106%	$156.2M	$220.1M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.41	+0.137%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.20	+0.044%	$147.8M	$48.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.27	+0.075%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.19	+0.040%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.Plong	+0.0050%	1h	227.10	long leg	$1.6M	$2.1M	15x
QFEX NVDA-USDshort	+0.0060%	1h	227.36	+0.114%	$1.6M	$11.5M	10x
Nado NVDA-PERP	+0.0071%	1h	227.22	+0.053%	$483K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.33	+0.102%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.040%	$1.3M	$845K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.21	+0.047%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.44	+0.150%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.27	+0.075%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.28	+0.079%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.25	+0.066%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.18	+0.035%	$399K	$724K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.30	+0.088%	$49K	$1.4M	10x	as long as short
Hotstuff NVDA-PERP	+0.0152%	1h	227.20	+0.044%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0162%	8h	227.38	+0.123%	$718K	$204K	20x	as long as short
Lighter RH NVDA	+0.0208%	1h	227.49	+0.172%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0216%	1h	227.37	+0.117%	$2.1M	$3.3M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.277%	$73K	$137	30x	as long as short
edgeX NVDAUSDC	+0.0283%	4h	227.31	+0.091%	$170K	$1.9M	20x	as long as short