NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0174%/8h= −19.1% APRnext payment −$0.22 per $10,000 · paid last 24h −0.032%

Price spread now: Aftermath Perps against Deribit−0.115%7-day average −0.023% · 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−$54as in the Price arb table

costs, in and out, $10k−$450.450% of the position

Long on Deribit Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.242%−$24 on $10k

Price spread, last 3 days (all we have)+0.096%+$10 · spread now −0.115%, 7d avg −0.023%

Together, before fees−0.146%−$15 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Aftermath Perps is 0.092% cheaper against Deribit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.023%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	227.73	0.0189	pay 0.0024% / 1h	51m 51s	$49K	$1.4M	10x
Short	Aftermath Perps NVDAUSD	227.47	0.0015	get 0.0002% / 1h	51m 51s	$118K	$56K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Deribit. 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 DeribitbpFee Aftermath PerpsbpOrdersPrice spread, now −0.115%Rate

Funding earned: −$36.64
Price spread: −0.115% → −0.023%: −$9.23
Slippage, 4 orders: −$28.96
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$90.83
Costs to cover: 0.450%
Break-even: never at this rate

Slippage from Deribit: live order book, 2 min ago; Aftermath Perps: live order book, 22 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 Deribit live order book, 2 min ago	3.95 bp	7.9 bp −$8	10.9 bp −$109	doesn't fit	doesn't fit
Sell Aftermath Perps live order book, 22 min ago	2.66 bp	7.8 bp −$8	doesn't fit	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	227.63	−0.044%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.77	+0.018%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.77	+0.018%	$14.4M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.68	−0.022%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.56	−0.073%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.64	−0.039%	$20K	$406K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.32	−0.180%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	−0.110%	$197K	$516K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.68	−0.022%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSDshort	+0.0015%	1h	227.47	−0.115%	$118K	$56K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0029%	8h	227.81	+0.035%	$15.5M	$17.1M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.63	−0.042%	$535K	$447K	10x	as long as short
Binance NVDAUSDT	+0.0035%	8h	227.81	+0.035%	$156.5M	$218.7M	50x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.48	−0.110%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.72	−0.004%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.82	+0.040%	—	$74K	25x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.77	+0.018%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.56	−0.075%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.46	−0.119%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0058%	1h	227.64	−0.040%	$484K	$229K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0075%	1h	227.63	−0.044%	$148.1M	$46.8M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.119%	$1.3M	$823K	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.72	−0.003%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.58	−0.068%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.44	−0.127%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.74	+0.004%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.48	−0.110%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0118%	8h	227.69	−0.018%	$1.6M	$743K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.80	+0.030%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.91	+0.079%	$5.1M	$7.1M	20x	as long as short
BloFin NVDA-USDT	+0.0140%	8h	227.67	−0.026%	$714K	$205K	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	+0.0189%	1h	227.73	long leg	$49K	$1.4M	10x
Hotstuff NVDA-PERP	+0.0208%	1h	227.55	−0.079%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.89	+0.070%	$73K	$135	30x	as long as short
edgeX NVDAUSDC	+0.0387%	4h	227.61	−0.052%	$170K	$1.9M	20x	as long as short