Funding you earn now, next payment 04:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.08 per $10,000 · paid last 24h +0.001%
Price spread now: Nado against Coinbase International−0.115%7-day average +0.045% · 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−$53as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.195%+$20 · spread now −0.115%, 7d avg +0.045%
=Together, before fees+0.167%+ Points / potential airdropNado: Active · farm board+$17 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 Nado is 0.161% cheaper against Coinbase International than usual: you would sell low and buy high (−$16 if the spread goes back to its 7-day average of +0.045%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International NVDA-PERP-INTX | 227.53 | 0.0128 | pay 0.0016% / 1h | 43m 15s | $1.3M | $775K | 10x |
| Short | Nado NVDA-PERP | 227.27 | 0.0064 | get 0.0008% / 1h | 43m 15s | $483K | $227K | 20x |
Coinbase International NVDA-PERP-INTX
Nado NVDA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Coinbase International. 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
- −$13.42
- Price spread: −0.115% → +0.045%
- −$16.08
- Slippage, 4 orders
- −$20.11
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$66.61
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from Coinbase International: live order book, just now; Nado: live order book, 10 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 Coinbase International live order book, just now | 2.20 bp | 7.9 bp −$8 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Nado live order book, 10 min ago | 0.22 bp | 12.9 bp −$13 | 25.5 bp −$255 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 227.39 | −0.062% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.37 | −0.070% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.33 | −0.088% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.42 | −0.048% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.44 | −0.040% | $20K | $392K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.97 | −0.246% | $3K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.52 | −0.004% | $198K | $464K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.43 | −0.044% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 227.27 | −0.114% | $118K | $53K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.29 | −0.105% | $49K | $1.7M | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0019% | 8h | 227.44 | −0.038% | $483K | $590K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.35 | −0.079% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.36 | −0.075% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.48 | −0.022% | — | $74K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 227.27 | −0.114% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.25 | −0.123% | $147.7M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.35 | −0.079% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.24 | −0.127% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.23 | −0.132% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0051% | 8h | 227.48 | −0.024% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0056% | 1h | 227.37 | −0.072% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERPshort | +0.0064% | 1h | 227.27 | −0.115% | $483K | $227K | 20x | |
| Pacifica NVDA | +0.0100% | 1h | 227.26 | −0.118% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.28 | −0.110% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.35 | −0.079% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.37 | −0.070% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0105% | 8h | 227.41 | −0.055% | $156.0M | $215.9M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0108% | 8h | 227.41 | −0.053% | $1.6M | $727K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTXlong | +0.0128% | 1h | 227.53 | long leg | $1.3M | $775K | 10x | |
| Phoenix NVDA | +0.0141% | 1h | 227.27 | −0.114% | $93K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0152% | 1h | 227.53 | 0.000% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.83 | +0.132% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0225% | 8h | 227.40 | −0.057% | $719K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0232% | 1h | 227.22 | −0.134% | $673K | $779K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0310% | 4h | 227.48 | −0.022% | $171K | $1.9M | 20x | as long as short |
Aster NVDAUSDT
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Hotstuff NVDA-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Phoenix NVDA
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC