Funding you earn now, next payment 03:00 UTC−0.0006%/8h= −0.7% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%
Price spread now: QFEX against tradeXYZ+0.062%7-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−$32as in the Price arb table
costs, in and out, $10k−$340.340% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now +0.062%, 7d avg +0.039%
=Together, before fees−0.058%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.022% dearer against tradeXYZ than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.039%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.60 | 0.0050 | pay 0.0006% / 1h | 1m 25s | $147.9M | $43.7M | 20x |
| Short | QFEX NVDA-USD | 227.74 | 0.0044 | get 0.0005% / 1h | 1m 25s | $1.4M | $9.4M | 10x |
tradeXYZ xyz:NVDA
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.28
- Price spread: +0.062% → +0.039%
- $2.24
- Slippage, 4 orders
- −$6.04
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$33.07
- Costs to cover
- 0.340%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago | 0.22 bp | 9.4 bp −$9 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 2.42 bp | 7.4 bp −$7 | 7.4 bp −$74 | 11.5 bp −$1,146 | 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 | −0.0064% | 1h | 227.59 | −0.004% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.76 | +0.070% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.76 | +0.070% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.70 | +0.044% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.79 | +0.083% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.31 | −0.127% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.070% | $198K | $474K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.79 | +0.083% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 227.58 | −0.007% | $118K | $54K | 10x | as long as short |
| Aster NVDAUSDT | +0.0028% | 8h | 227.76 | +0.070% | $484K | $590K | 20x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0035% | 8h | 227.74 | +0.060% | $20K | $386K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.64 | +0.018% | $406K | $744K | 20x | as long as short |
| QFEX NVDA-USDshort | +0.0044% | 1h | 227.74 | +0.062% | $1.4M | $9.4M | 10x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.78 | +0.079% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.60 | long leg | $147.9M | $43.7M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.71 | +0.048% | $402K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.57 | −0.013% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.52 | −0.035% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0052% | 8h | 227.61 | +0.005% | $3.5M | $2.1M | — | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | −0.031% | $1.3M | $775K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.57 | −0.013% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.52 | −0.035% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.69 | +0.040% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.60 | 0.000% | $94K | $112K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.72 | +0.053% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0113% | 8h | 227.80 | +0.088% | $156.7M | $215.8M | 50x | as long as short |
| Nado NVDA-PERP | +0.0134% | 1h | 227.56 | −0.018% | $484K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0146% | 8h | 227.74 | +0.062% | $1.6M | $728K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.71 | +0.047% | $2.1M | $3.3M | 20x | as long as short |
| Lighter RH NVDA | +0.0216% | 1h | 227.85 | +0.110% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.98 | +0.167% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0230% | 8h | 227.76 | +0.070% | $723K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0432% | 1h | 227.49 | −0.048% | $686K | $733K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0497% | 1h | 227.67 | +0.031% | $49K | $1.6M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0817% | 4h | 227.61 | +0.005% | $170K | $1.9M | 20x | as long as short |
GRVT NVDA_USDT_Perp
Arcus NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Phoenix NVDA
Aevo NVDA-PERP
Binance NVDAUSDT
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC