NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0331%/8h= −36.3% APRnext payment −$0.41 per $10,000 · paid last 24h +0.025%

Price spread now: Nado against Extended+0.027%51s7-day average +0.033% · 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—prices read too far apart to compare

costs, in and out, $10k−$340.341% of the position

Long on Extended Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.011%+$1 on $10k

Price spread, last 4 days (all we have)+0.018%+$2 · spread now +0.027%, 7d avg +0.033%

Together, before fees+0.029%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.033%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.011% in total (about 1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NVDA_24_5-USD	227.41	0.0408	pay 0.0051% / 1h	35m 37s	$685K	$733K	10x
Short	Nado NVDA-PERP	227.47	0.0077	get 0.0010% / 1h	35m 37s	$484K	$228K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Extended. 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 ExtendedbpFee NadobpOrdersPrice spread, now +0.027%Rate

Funding earned: −$69.6
Price spread: +0.027% → +0.033%: −$0.56
Slippage, 4 orders: −$22.15
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$104.31
Costs to cover: 0.341%
Break-even: never at this rate

Slippage from Extended: live order book, 22 min ago; Nado: 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 Extended live order book, 22 min ago	0.22 bp	5.7 bp −$6	51.0 bp −$510	doesn't fit	doesn't fit
Sell Nado live order book, 22 min ago	1.54 bp	12.6 bp −$13	22.7 bp −$227	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	227.55	+0.064%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.53	+0.055%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.49	+0.037%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.60	+0.086%	$15.5M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.17	−0.103%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.47	+0.029%	$49K	$1.6M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.64	+0.103%	$198K	$471K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.57	+0.073%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	227.42	+0.005%	$118K	$54K	10x	as long as short
Aster NVDAUSDT	+0.0036%	8h	227.57	+0.072%	$483K	$590K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.45	+0.020%	$400K	$745K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.69	+0.125%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.41	+0.002%	$147.7M	$43.7M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.53	+0.055%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.41	+0.002%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.046%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0057%	1h	227.51	+0.046%	$1.4M	$9.3M	10x	as long as short
Lighter NVDA	+0.0064%	1h	227.55	+0.063%	$2.2M	$3.3M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0066%	8h	227.61	+0.090%	$20K	$390K	10x	as long as short
Variational Omni NVDA	+0.0068%	8h	227.54	+0.057%	$3.5M	$2.1M	—	as long as short
Nado NVDA-PERPshort	+0.0077%	1h	227.47	+0.027%	$484K	$228K	20x
Pacifica NVDA	+0.0100%	1h	227.45	+0.018%	$299K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.40	−0.002%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	+0.042%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0104%	1h	227.53	+0.055%	$1.3M	$775K	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	227.53	+0.053%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0120%	8h	227.58	+0.077%	$156.5M	$216.2M	50x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.71	+0.134%	$5.1M	$7.1M	20x	as long as short
KuCoin NVDAUSDTM	+0.0140%	8h	227.56	+0.068%	$1.6M	$725K	20x	as long as short
Phoenix NVDA	+0.0141%	1h	227.45	+0.020%	$94K	$112K	20x	as long as short
Hotstuff NVDA-PERP	+0.0144%	1h	227.43	+0.011%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.84	+0.191%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0242%	8h	227.52	+0.051%	$721K	$201K	20x	as long as short
Extended NVDA_24_5-USDlong	+0.0408%	1h	227.41	long leg	$685K	$733K	10x
edgeX NVDAUSDC	+0.0986%	4h	227.48	+0.032%	$170K	$1.9M	20x	as long as short