Funding you earn now, next payment 05:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.08 per $10,000 · paid last 24h −0.034%
Price spread now: QFEX against Deribit+0.035%7-day average +0.022% · 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−$27as in the Price arb table
costs, in and out, $10k−$280.279% of the position
Funding, last 4 days (all we have)−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.035%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit NVDA_USDC-PERPETUAL | 226.93 | 0.0103 | pay 0.0013% / 1h | 15m 12s | $49K | $1.7M | 10x |
| Short | QFEX NVDA-USD | 227.01 | 0.0041 | get 0.0005% / 1h | 15m 12s | $1.3M | $9.1M | 10x |
Deribit NVDA_USDC-PERPETUAL
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Deribit. 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
- −$13.02
- Price spread: +0.035% → +0.022%
- $1.31
- Slippage, 4 orders
- −$10.94
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$39.65
- Costs to cover
- 0.279%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 4 min ago; QFEX: live order book, 4 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, 4 min ago | 3.09 bp | 7.0 bp −$7 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.98 bp | 7.0 bp −$7 | 7.0 bp −$70 | 11.9 bp −$1,194 | 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 | 227.01 | +0.035% | $12.6M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.97 | +0.018% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.94 | +0.004% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.03 | +0.044% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.04 | +0.048% | $21K | $399K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.61 | −0.141% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.03 | +0.044% | $197K | $461K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.29 | +0.159% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0006% | 8h | 227.05 | +0.051% | $482K | $569K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.89 | −0.019% | $118K | $52K | 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
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0028% | 8h | 226.96 | +0.011% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.94 | +0.005% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.95 | +0.009% | $398K | $738K | 20x | as long as short |
| QFEX NVDA-USDshort | +0.0041% | 1h | 227.01 | +0.035% | $1.3M | $9.1M | 10x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.09 | +0.071% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.85 | −0.035% | $147.4M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.96 | +0.013% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.85 | −0.035% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.73 | −0.088% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0060% | 1h | 226.90 | −0.012% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0093% | 8h | 227.01 | +0.035% | $155.5M | $216.5M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.90 | −0.014% | $298K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.03 | +0.044% | $1.6M | $729K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.86 | −0.031% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.97 | +0.018% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALlong | +0.0103% | 1h | 226.93 | long leg | $49K | $1.7M | 10x | |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.98 | +0.023% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.11 | +0.079% | $1.3M | $781K | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 227.10 | +0.075% | $5.1M | $7.1M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0136% | 1h | 226.86 | −0.031% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 226.87 | −0.026% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0213% | 8h | 227.03 | +0.044% | $719K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0216% | 1h | 226.81 | −0.051% | $672K | $765K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.32 | +0.172% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDC | +0.0261% | 4h | 227.00 | +0.032% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Lighter NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Hotstuff NVDA-PERP
Phoenix NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP
edgeX NVDAUSDC