NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0059%/8h= −6.5% APRnext payment −$0.07 per $10,000 · paid last 24h −0.016%

Price spread now: QFEX against Pacifica+0.037%55s7-day average +0.039% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.337% of the position

Long on Pacifica Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.055%−$5 on $10k

Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.037%, 7d avg +0.039%

Together, before fees−0.241%+ Points / potential airdropPacifica: Active · farm board−$24 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.039%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	227.46	0.0100	pay 0.0013% / 1h	55m 46s	$299K	$51K	10x
Short	QFEX NVDA-USD	227.54	0.0041	get 0.0005% / 1h	55m 46s	$1.3M	$9.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.037%Rate

Funding earned: −$12.47
Price spread: +0.037% → +0.039%: −$0.26
Slippage, 4 orders: −$15.69
Fee Pacifica: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$46.42
Costs to cover: 0.337%
Break-even: never at this rate

Slippage from Pacifica: live order book, 63 min ago; QFEX: live order book, 8 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, 63 min ago	1.98 bp	9.7 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell QFEX live order book, 8 min ago	1.98 bp	7.0 bp −$7	8.0 bp −$80	12.3 bp −$1,229	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	227.54	+0.037%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.50	+0.019%	$14.4M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.50	+0.019%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.57	+0.050%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.66	+0.091%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.16	−0.130%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.48	+0.010%	$49K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.71	+0.112%	$198K	$466K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.63	+0.076%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.50	+0.019%	$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	+0.0025%	8h	227.60	+0.064%	$483K	$590K	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.55	+0.041%	$399K	$741K	20x	as long as short
QFEX NVDA-USDshort	+0.0041%	1h	227.54	+0.037%	$1.3M	$9.2M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.69	+0.103%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.43	−0.012%	$147.8M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.54	+0.037%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.44	−0.007%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.36	−0.042%	$1.6M	$2.0M	15x	as long as short
Lighter NVDA	+0.0056%	1h	227.52	+0.028%	$2.2M	$3.3M	20x	as long as short
Variational Omni NVDA	+0.0058%	8h	227.54	+0.035%	$3.6M	$2.2M	—	as long as short
Nado NVDA-PERP	+0.0072%	1h	227.48	+0.010%	$484K	$228K	20x	as long as short
Pacifica NVDAlong	+0.0100%	1h	227.46	long leg	$299K	$51K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.52	+0.028%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.52	+0.028%	$36K	$21K	20x	as long as short
Binance NVDAUSDT	+0.0110%	8h	227.55	+0.043%	$156.1M	$215.9M	50x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.55	+0.041%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0119%	8h	227.60	+0.063%	$1.6M	$724K	20x	as long as short
Hotstuff NVDA-PERP	+0.0120%	1h	227.43	−0.012%	$35K	—	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.032%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.57	+0.050%	$94K	$112K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.68	+0.098%	$5.1M	$7.1M	20x	as long as short
edgeX NVDAUSDC	+0.0164%	4h	227.64	+0.082%	$171K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.92	+0.204%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0231%	8h	227.61	+0.068%	$722K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0272%	1h	227.44	−0.007%	$669K	$769K	10x	as long as short