NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC−0.0178%/8h= −19.4% APRnext payment −$0.22 per $10,000 · paid last 24h −0.052%

Price spread now: QFEX against Injective−0.141%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and QFEX is 0.141% cheaper against Injective than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NVDA/USDC PERP	227.54	0.0220	pay 0.0028% / 1h	31m 55s	$73K	$129	30x
Short	QFEX NVDA-USD	227.22	0.0042	get 0.0005% / 1h	31m 55s	$1.6M	$11.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Injective. 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 InjectivebpFee QFEXbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$37.3
Price spread: −0.141% → 0.000%: −$14.06
Slippage, 4 orders: no order book: not counted
Fee Injective: 0.01 bp × 2 orders: −$0.02
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$61.38
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Injective: no order-book sample; QFEX: live order book, 8 min ago. Net counts fees only.

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 Injective no order-book sample	—	—	—	—	—
Sell QFEX live order book, 8 min ago	1.76 bp	6.8 bp −$7	7.6 bp −$76	9.9 bp −$991	doesn't fit

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	227.22	−0.141%	$12.7M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.19	−0.154%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.15	−0.171%	$7.2M	$9.1M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.10	−0.194%	$20K	$488K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.75	−0.347%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.16	−0.167%	$49K	$1.4M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.14	−0.176%	$197K	$506K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.22	−0.141%	$2.2M	$41K	10x	as long as short
Variational Omni NVDA	+0.0008%	8h	227.18	−0.159%	$3.3M	$2.1M	—	as long as short
Aster NVDAUSDT	+0.0019%	8h	227.20	−0.149%	$480K	$543K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0023%	1h	227.11	−0.189%	$118K	$54K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.06	−0.211%	$526K	$350K	10x	as long as short
QFEX NVDA-USDshort	+0.0042%	1h	227.22	−0.141%	$1.6M	$11.3M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.27	−0.119%	—	$73K	25x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	227.06	−0.211%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.08	−0.202%	$147.5M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.12	−0.185%	$398K	$220K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.07	−0.207%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.94	−0.264%	$1.6M	$2.0M	15x	as long as short
Binance NVDAUSDT	+0.0078%	8h	227.22	−0.142%	$156.1M	$216.3M	50x	as long as short
Nado NVDA-PERP	+0.0094%	1h	227.09	−0.199%	$478K	$216K	20x	as long as short
Lighter RH NVDA	+0.0096%	1h	227.35	−0.084%	$4.8M	$6.8M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.06	−0.212%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.21	−0.145%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.03	−0.224%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.17	−0.163%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.22	−0.140%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	227.13	−0.180%	$1.3M	$914K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.09	−0.198%	$93K	$112K	20x	as long as short
Bitget NVDAUSDT	+0.0152%	8h	227.22	−0.141%	$15.7M	$18.1M	100x	as long as short
Lighter NVDA	+0.0176%	1h	227.24	−0.133%	$2.1M	$3.3M	20x	as long as short
BloFin NVDA-USDT	+0.0198%	8h	227.22	−0.141%	$720K	$203K	20x	as long as short
Injective NVDA/USDC PERPlong	+0.0220%	1h	227.54	long leg	$73K	$129	30x
Arcus NVDA-USD	+0.0487%	1h	227.16	−0.167%	$408K	$662K	20x	as long as short
edgeX NVDAUSDC	+0.0657%	4h	227.10	−0.194%	$170K	$1.9M	20x	as long as short