Funding you earn now, next payment 08:00 UTC−0.0280%/8h= −30.6% APRnext payment −$0.35 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against Extended+0.091%7-day average +0.041% · 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−$21as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 4 days (all we have)−0.027%−$3 on $10k
+Price spread, last 4 days (all we have)−0.077%−$8 · spread now +0.091%, 7d avg +0.041%
=Together, before fees−0.104%+ Points / potential airdropExtended: Active · farm board−$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.049% dearer against Extended than usual: you sell high and buy low (spread +0.091% now, against its 7-day average of +0.041%): +$5 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 4 days (−0.027% in total) that is about 6.8 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.027% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.35 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 | 225.94 | 0.0344 | pay 0.0043% / 1h | 50m 29s | $644K | $875K | 10x |
| Short | QFEX NVDA-USD | 226.14 | 0.0064 | get 0.0008% / 1h | 50m 29s | $1.3M | $9.1M | 10x |
Extended NVDA_24_5-USD
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Extended. 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
- −$58.75
- Price spread: +0.091% → +0.041%
- $4.95
- Slippage, 4 orders
- −$11.05
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$79.85
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from Extended: live order book, 52 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 Extended live order book, 52 min ago | 0.22 bp | 8.5 bp −$9 | 88.0 bp −$880 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.55 bp | 6.5 bp −$7 | 7.9 bp −$79 | 13.5 bp −$1,350 | 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 | 226.13 | +0.086% | $12.4M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.10 | +0.073% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.10 | +0.073% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.18 | +0.108% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.69 | −0.108% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.17 | +0.104% | $198K | $447K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.41 | +0.210% | $2.2M | $42K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0001% | 8h | 226.24 | +0.136% | $21K | $425K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0020% | 1h | 226.07 | +0.058% | $117K | $51K | 10x | as long as short |
| Aster NVDAUSDT | +0.0024% | 8h | 226.16 | +0.099% | $481K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
GRVT NVDA_USDT_Perp
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0040% | 1h | 225.99 | +0.024% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.11 | +0.077% | $392K | $742K | 20x | as long as short |
| Variational Omni NVDA | +0.0045% | 8h | 226.09 | +0.069% | $3.5M | $2.3M | — | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.18 | +0.108% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 225.98 | +0.020% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 225.87 | −0.029% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USDshort | +0.0064% | 1h | 226.14 | +0.091% | $1.3M | $9.1M | 10x | |
| tradeXYZ xyz:NVDA | +0.0077% | 1h | 226.00 | +0.029% | $146.8M | $43.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0098% | 1h | 226.08 | +0.064% | $391K | $247K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 225.99 | +0.024% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.17 | +0.104% | $1.6M | $744K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 225.97 | +0.015% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.10 | +0.073% | $36K | $21K | 20x | as long as short |
| Binance NVDAUSDT | +0.0110% | 8h | 226.15 | +0.095% | $154.2M | $218.1M | 50x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.11 | +0.075% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | +0.069% | $1.3M | $700K | 10x | as long as short |
| Lighter NVDA | +0.0160% | 1h | 226.09 | +0.068% | $2.1M | $3.2M | 20x | as long as short |
| Nado NVDA-PERP | +0.0169% | 1h | 225.97 | +0.015% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.07 | +0.060% | $93K | $83K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0193% | 1h | 226.04 | +0.046% | $53K | $1.8M | 10x | as long as short |
| Lighter RH NVDA | +0.0216% | 1h | 226.22 | +0.126% | $5.1M | $6.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.58 | +0.285% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0230% | 8h | 226.15 | +0.095% | $713K | $194K | 20x | as long as short |
| Extended NVDA_24_5-USDlong | +0.0344% | 1h | 225.94 | long leg | $644K | $875K | 10x | |
| edgeX NVDAUSDC | +0.0860% | 4h | 226.14 | +0.092% | $170K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Arcus NVDA-USD
Variational Omni NVDA
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Binance NVDAUSDT
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Lighter NVDA
Nado NVDA-PERP
Phoenix NVDA
Deribit NVDA_USDC-PERPETUAL
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC