NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.031%

Price spread now: Nado against QFEX−0.049%7-day average −0.008% · 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−$40as in the Price arb table

costs, in and out, $10k−$360.364% of the position

Long on QFEX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.018%+$2 on $10k

Price spread, last 3 days (all we have)+0.045%+$5 · spread now −0.049%, 7d avg −0.008%

Together, before fees+0.063%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour

Funding pays, the price is against you. Nado is 0.041% cheaper against QFEX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of −0.008%). If the spread goes back, that is −$4 on $10k: about 4.0 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NVDA-USD	227.64	0.0042	pay 0.0005% / 1h	32m 12s	$1.6M	$11.2M	10x
Short	Nado NVDA-PERP	227.53	0.0076	get 0.0010% / 1h	32m 12s	$484K	$229K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.049%Rate

Funding earned: $7.25
Price spread: −0.049% → −0.008%: −$4.12
Slippage, 4 orders: −$19.36
Fee QFEX: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$33.23
Costs to cover: 0.364%
Break-even: 39.1 days

Slippage from QFEX: live order book, 7 min ago; Nado: live order book, 41 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, 7 min ago	1.54 bp	6.5 bp −$7	7.9 bp −$79	12.1 bp −$1,209	doesn't fit
Sell Nado live order book, 41 min ago	0.22 bp	14.5 bp −$14	24.0 bp −$240	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	227.60	−0.018%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.73	+0.040%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.73	+0.040%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.68	+0.018%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.70	+0.026%	$3.6M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.27	−0.163%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.77	+0.057%	$198K	$511K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.72	+0.035%	$2.2M	$42K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0009%	8h	227.62	−0.009%	$20K	$395K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	227.50	−0.064%	$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-USD	+0.0032%	1h	227.56	−0.035%	$531K	$466K	10x	as long as short
Bitget NVDAUSDT	+0.0036%	8h	227.78	+0.062%	$15.5M	$16.9M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.47	−0.075%	$400K	$724K	20x	as long as short
QFEX NVDA-USDlong	+0.0042%	1h	227.64	long leg	$1.6M	$11.2M	10x
Binance NVDAUSDT	+0.0045%	8h	227.77	+0.057%	$156.5M	$217.3M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.75	+0.048%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.60	−0.018%	$147.8M	$46.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.63	−0.004%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.49	−0.066%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.39	−0.110%	$1.6M	$2.0M	15x	as long as short
Hotstuff NVDA-PERP	+0.0056%	1h	227.48	−0.070%	$35K	—	20x	as long as short
Nado NVDA-PERPshort	+0.0076%	1h	227.53	−0.049%	$484K	$229K	20x
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.079%	$1.3M	$800K	10x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.67	+0.011%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.49	−0.065%	$298K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.54	−0.044%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.69	+0.022%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.66	+0.009%	$49K	$1.4M	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.53	−0.048%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0124%	8h	227.67	+0.013%	$1.6M	$742K	20x	as long as short
Lighter NVDA	+0.0128%	1h	227.75	+0.049%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.87	+0.101%	$5.1M	$7.1M	20x	as long as short
BloFin NVDA-USDT	+0.0165%	8h	227.67	+0.013%	$717K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.22	+0.255%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0627%	4h	227.62	−0.010%	$170K	$1.9M	20x	as long as short