NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h −0.067%

Price spread now: Hotstuff against Deribit−0.026%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Deribit Short on Hotstuff

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · farm boardneeds both histories

Funding pays, the price is against you. Hotstuff is 0.026% cheaper against Deribit than usual: you would sell low and buy high (spread −0.026% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 2.2 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	Deribit NVDA_USDC-PERPETUAL	226.86	0	get 0.0000% / 1h	49m 54s	$51K	$1.7M	10x
Short	Hotstuff NVDA-PERP	226.80	0.0040	get 0.0005% / 1h	49m 54s	$35K	—	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Hotstuff 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 HotstuffbpOrdersPrice spread, now −0.026%Rate

Funding earned: $8.4
Price spread: −0.026% → 0.000%: −$2.64
Slippage, 4 orders: no order book: not counted
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Net: −$6.24
Costs to cover: 0.120%
Break-even: 12.2 days

Slippage unknown: Deribit: live order book, 4 min ago; Hotstuff: no order-book sample. Net counts fees only.

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, 4 min ago	3.97 bp	7.9 bp −$8	8.7 bp −$87	doesn't fit	doesn't fit
Sell Hotstuff no order-book sample	—	—	—	—	—

Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	226.88	+0.009%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.91	+0.022%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.93	+0.031%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.89	+0.013%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.94	+0.035%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.91	+0.022%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.64	−0.097%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.0000%	1h	226.86	long leg	$51K	$1.7M	10x
HTX NVDA-USDT	0.0000%	8h	227.01	+0.066%	$198K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.95	+0.040%	$2.2M	$43K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0007%	1h	226.72	−0.061%	$117K	$53K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.94	+0.033%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.90	+0.018%	$2.1M	$3.3M	20x	as long as short
Hotstuff NVDA-PERPshort	+0.0040%	1h	226.80	−0.026%	$35K	—	20x
Arcus NVDA-USD	+0.0040%	1h	226.83	−0.013%	$398K	$729K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.97	+0.048%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.08	+0.097%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.79	−0.031%	$147.3M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.91	+0.022%	$399K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	−0.026%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.75	−0.048%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0056%	1h	226.86	+0.001%	$482K	$226K	20x	as long as short
edgeX NVDAUSDC	+0.0063%	4h	226.87	+0.005%	$170K	$1.9M	20x	as long as short
Binance NVDAUSDT	+0.0082%	8h	226.95	+0.040%	$155.2M	$217.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	−0.015%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.90	+0.018%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.81	−0.022%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.92	+0.026%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.92	+0.028%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.74	−0.053%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	227.07	+0.093%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.101%	$1.3M	$781K	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	226.97	+0.048%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.115%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0248%	1h	226.76	−0.042%	$668K	$767K	10x	as long as short