NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0191%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h +0.005%

Price spread now: Extended against QFEX−0.051%7-day average −0.040% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$250.251% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.013%+$1 on $10k

Price spread, last 4 days (all we have)+0.148%+$15 · spread now −0.051%, 7d avg −0.040%

Together, before fees+0.162%+ Points / potential airdropExtended: Active · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.040%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.013% in total (about 1.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 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	QFEX NVDA-USD	227.46	0.0041	pay 0.0005% / 1h	51m 13s	$1.3M	$9.2M	10x
Short	Extended NVDA_24_5-USD	227.34	0.0232	get 0.0029% / 1h	51m 13s	$675K	$777K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against QFEX. 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 QFEXbpFee ExtendedbpOrdersPrice spread, now −0.051%Rate

Funding earned: $40.19
Price spread: −0.051% → −0.040%: −$1.08
Slippage, 4 orders: −$10.1
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $14.01
Costs to cover: 0.251%
Break-even: 4.6 days

Slippage from QFEX: live order book, 8 min ago; Extended: live order book, 2 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 QFEX live order book, 8 min ago	1.32 bp	6.3 bp −$6	8.0 bp −$80	14.1 bp −$1,414	doesn't fit
Sell Extended live order book, 2 min ago	0.66 bp	6.7 bp −$7	26.1 bp −$261	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.35	−0.048%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.47	+0.004%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	−0.004%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.43	−0.013%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.50	+0.018%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.53	+0.031%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.09	−0.163%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.71	+0.110%	$198K	$465K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.56	+0.044%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.39	−0.030%	$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	+0.0020%	8h	227.47	+0.004%	$483K	$590K	20x	as long as short
Lighter NVDA	+0.0040%	1h	227.44	−0.011%	$2.2M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.45	−0.004%	$399K	$741K	20x	as long as short
QFEX NVDA-USDlong	+0.0041%	1h	227.46	long leg	$1.3M	$9.2M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.62	+0.070%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.36	−0.044%	$147.8M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.49	+0.013%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.35	−0.048%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.070%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0052%	1h	227.38	−0.034%	$484K	$228K	20x	as long as short
Variational Omni NVDA	+0.0058%	8h	227.54	+0.033%	$3.6M	$2.2M	—	as long as short
Pacifica NVDA	+0.0100%	1h	227.37	−0.039%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.41	−0.022%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	−0.018%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.42	−0.018%	$49K	$1.7M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.48	+0.008%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0106%	8h	227.45	−0.007%	$156.0M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	227.50	+0.018%	$1.6M	$724K	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.59	+0.057%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.031%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	0.000%	$94K	$112K	20x	as long as short
edgeX NVDAUSDC	+0.0174%	4h	227.50	+0.020%	$171K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.83	+0.163%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0226%	8h	227.52	+0.026%	$720K	$201K	20x	as long as short
Extended NVDA_24_5-USDshort	+0.0232%	1h	227.34	−0.051%	$675K	$777K	10x