Funding you earn now, next payment 04:00 UTC+0.0057%/8h= +6.2% APRpaid last 24h +0.013%
Price spread now: QFEX against Bybit−0.013%7-day average −0.037% · 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−$25as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now −0.013%, 7d avg −0.037%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.024% dearer against Bybit than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NVDAUSDT | 227.56 | 0 | get 0.0000% / 8h | 4h 13m | $12.7M | $14.8M | 100x |
| Short | QFEX NVDA-USD | 227.53 | 0.0057 | get 0.0007% / 1h | 13m 54s | $1.3M | $9.2M | 10x |
Bybit NVDAUSDT
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- $11.98
- Price spread: −0.013% → −0.037%
- $2.4
- Slippage, 4 orders
- −$6.46
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$13.09
- Costs to cover
- 0.275%
- Break-even
- 14.6 days
Slippage from Bybit: live order book, 4 min ago; QFEX: live order book, 5 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 Bybit live order book, 4 min ago | 0.22 bp | 6.5 bp −$7 | 8.2 bp −$82 | 55.7 bp −$5,573 | doesn't fit |
| Sell QFEX live order book, 5 min ago | 2.20 bp | 7.2 bp −$7 | 7.2 bp −$72 | 12.2 bp −$1,220 | 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 NVDAUSDTlong | 0.0000% | 8h | 227.56 | long leg | $12.7M | $14.8M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.56 | 0.000% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.52 | −0.018% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.65 | +0.040% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.26 | −0.132% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.035% | $198K | $469K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.65 | +0.040% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.57 | +0.005% | $118K | $54K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0025% | 8h | 227.66 | +0.044% | $20K | $390K | 10x | as long as short |
| Aster NVDAUSDT | +0.0032% | 8h | 227.62 | +0.028% | $483K | $590K | 20x | as long as short |
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 227.56 | 0.000% | $399K | $741K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.062% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.45 | −0.048% | $147.8M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | 0.000% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.45 | −0.048% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.37 | −0.083% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USDshort | +0.0057% | 1h | 227.53 | −0.013% | $1.3M | $9.2M | 10x | |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.52 | −0.018% | $49K | $1.6M | 10x | as long as short |
| Variational Omni NVDA | +0.0062% | 8h | 227.60 | +0.015% | $3.5M | $2.1M | — | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 227.45 | −0.048% | $35K | — | 20x | as long as short |
| Nado NVDA-PERP | +0.0071% | 1h | 227.48 | −0.036% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 227.57 | +0.003% | $2.2M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | −0.044% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.49 | −0.031% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.55 | −0.004% | $36K | $21K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | −0.013% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.57 | +0.003% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0117% | 8h | 227.61 | +0.022% | $156.2M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0131% | 8h | 227.64 | +0.035% | $1.6M | $724K | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.50 | −0.026% | $94K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 227.73 | +0.075% | $5.1M | $7.1M | 20x | as long as short |
| edgeX NVDAUSDC | +0.0161% | 4h | 227.63 | +0.030% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.154% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0237% | 8h | 227.63 | +0.031% | $722K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 227.46 | −0.044% | $676K | $746K | 10x | as long as short |
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Deribit NVDA_USDC-PERPETUAL
Variational Omni NVDA
Hotstuff NVDA-PERP
Nado NVDA-PERP
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Phoenix NVDA
Lighter RH NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD