Funding you earn now, next payment 08:00 UTC−0.0194%/8h= −21.3% APRnext payment −$0.24 per $10,000 · paid last 24h +0.004%
Price spread now: Nado against Extended+0.002%7-day average +0.032% · 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−$36as in the Price arb table
costs, in and out, $10k−$330.331% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.115%+$11 · spread now +0.002%, 7d avg +0.032%
=Together, before fees+0.115%+ Points / potential airdropExtended: Active · Nado: Active · farm board+$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Nado is 0.030% cheaper against Extended than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.032%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.000% in total (about -0.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.24 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 | 226.20 | 0.0368 | pay 0.0046% / 1h | 3m 48s | $645K | $876K | 10x |
| Short | Nado NVDA-PERP | 226.21 | 0.0174 | get 0.0022% / 1h | 3m 48s | $480K | $223K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$40.77
- Price spread: +0.002% → +0.032%
- −$3
- Slippage, 4 orders
- −$21.06
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$76.83
- Costs to cover
- 0.331%
- Break-even
- never at this rate
Slippage from Extended: live order book, 34 min ago; Nado: live order book, 34 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, 34 min ago | 0.22 bp | 4.5 bp −$4 | 53.9 bp −$539 | doesn't fit | doesn't fit |
| Sell Nado live order book, 34 min ago | 1.55 bp | 13.3 bp −$13 | 24.1 bp −$241 | 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 | 226.44 | +0.106% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.44 | +0.106% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.41 | +0.093% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.51 | +0.137% | $15.9M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.10 | −0.044% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | +0.115% | $198K | $439K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.61 | +0.181% | $2.2M | $42K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0008% | 1h | 226.27 | +0.031% | $35K | — | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.10 | −0.046% | $117K | $51K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | +0.044% | $392K | $738K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.43 | +0.102% | — | $74K | 25x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0047% | 8h | 226.30 | +0.043% | $21K | $421K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.30 | +0.044% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.16 | −0.018% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.39 | +0.084% | $1.3M | $9.0M | 10x | as long as short |
| Aster NVDAUSDT | +0.0065% | 8h | 226.37 | +0.075% | $482K | $530K | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0077% | 1h | 226.34 | +0.062% | $391K | $247K | 10x | as long as short |
| Variational Omni NVDA | +0.0089% | 8h | 226.34 | +0.064% | $3.5M | $2.3M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0094% | 1h | 226.31 | +0.049% | $146.9M | $43.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.25 | +0.022% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.02 | −0.080% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.40 | +0.088% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0106% | 8h | 226.38 | +0.080% | $1.6M | $839K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.43 | +0.100% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.049% | $1.3M | $695K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0150% | 4h | 226.30 | +0.043% | $170K | $1.9M | 20x | as long as short |
| Binance NVDAUSDT | +0.0151% | 8h | 226.46 | +0.113% | $155.4M | $219.4M | 50x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 226.41 | +0.091% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERPshort | +0.0174% | 1h | 226.21 | +0.002% | $480K | $223K | 20x | |
| Phoenix NVDA | +0.0177% | 1h | 226.26 | +0.027% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.150% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.54 | +0.150% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0269% | 8h | 226.36 | +0.071% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USDlong | +0.0368% | 1h | 226.20 | long leg | $645K | $876K | 10x | |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.38 | +0.080% | $53K | $1.9M | 10x | as long as short |
Extended NVDA_24_5-USD
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
SoDEX NVDA-USD
Aster NVDAUSDT
Polymarket Perps NVDA-USD
Variational Omni NVDA
tradeXYZ xyz:NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
edgeX NVDAUSDC
Binance NVDAUSDT
Lighter NVDA
Phoenix NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL