NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0068%/8h= −7.4% APRnext payment −$0.09 per $10,000 · paid last 24h −0.017%

Price spread now: Extended against Pacifica−0.028%7-day average +0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on Pacifica Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.074%−$7 on $10k

Price spread, last 4 days (all we have)−0.025%−$3 · spread now −0.028%, 7d avg +0.001%

Together, before fees−0.099%+ Points / potential airdropPacifica: Active · Extended: Active · farm board−$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Extended is 0.028% cheaper against Pacifica than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.001%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	227.30	0.0100	pay 0.0013% / 1h	52m 37s	$298K	$60K	10x
Short	Extended NVDA_24_5-USD	227.24	0.0032	get 0.0004% / 1h	52m 37s	$536K	$446K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Pacifica. 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 PacificabpFee ExtendedbpOrdersPrice spread, now −0.028%Rate

Funding earned: −$14.28
Price spread: −0.028% → +0.001%: −$2.83
Slippage, 4 orders: −$12.01
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$42.12
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from Pacifica: live order book, 26 min ago; Extended: live order book, 25 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 Pacifica live order book, 26 min ago	1.76 bp	6.2 bp −$6	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 25 min ago	0.22 bp	5.8 bp −$6	19.1 bp −$191	doesn't fit	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
Aster NVDAUSDT	0.0000%	8h	227.42	+0.053%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.47	+0.075%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.43	+0.057%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.39	+0.040%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.41	+0.050%	$3.5M	$2.0M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.49	+0.084%	$20K	$426K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.95	−0.154%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.079%	$198K	$525K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.53	+0.101%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0028%	1h	227.46	+0.072%	$118K	$55K	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-USDshort	+0.0032%	1h	227.24	−0.028%	$536K	$446K	10x
Binance NVDAUSDT	+0.0036%	8h	227.48	+0.079%	$156.3M	$220.2M	50x	as long as short
Bitget NVDAUSDT	+0.0040%	8h	227.49	+0.084%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.49	+0.084%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.32	+0.009%	$147.3M	$48.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.33	+0.013%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.30	0.000%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.27	−0.013%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.43	+0.057%	$1.6M	$11.4M	10x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	227.27	−0.013%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.44	+0.060%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.128%	$1.3M	$862K	10x	as long as short
Nado NVDA-PERP	+0.0100%	1h	227.28	−0.007%	$483K	$228K	20x	as long as short
Pacifica NVDAlong	+0.0100%	1h	227.30	long leg	$298K	$60K	10x
KuCoin NVDAUSDTM	+0.0100%	8h	227.49	+0.084%	$1.6M	$746K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	0.000%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.43	+0.057%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.34	+0.018%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.30	0.000%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0141%	8h	227.46	+0.070%	$671K	$204K	20x	as long as short
Lighter RH NVDA	+0.0208%	1h	227.59	+0.128%	$5.1M	$7.2M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.189%	$73K	$135	30x	as long as short
Lighter NVDA	+0.0232%	1h	227.48	+0.078%	$2.1M	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0366%	1h	227.40	+0.044%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0697%	4h	227.47	+0.075%	$170K	$1.9M	20x	as long as short