NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0172%/8h= −18.8% APRnext payment −$0.22 per $10,000 · paid last 24h −0.026%

Price spread now: QFEX against Lighter RH−0.044%52s7-day average −0.067% · 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—prices read too far apart to compare

costs, in and out, $10k−$150.154% of the position

Long on Lighter RH Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.050%−$5 on $10k

Price spread, last 7 days−0.021%−$2 · spread now −0.044%, 7d avg −0.067%

Together, before fees−0.071%+ Points / potential airdropLighter RH: Points live · farm board−$7 on $10k · with fees, hour by hour

The price spread pays, funding is against you. QFEX is 0.023% dearer against Lighter RH than usual: you sell high and buy low (spread −0.044% now, against its 7-day average of −0.067%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 11 hours. At the pace of the last 4 days (−0.050% in total) that is about 39 hours. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	227.82	0.0216	pay 0.0027% / 1h	51m 43s	$5.1M	$7.0M	20x
Short	QFEX NVDA-USD	227.72	0.0044	get 0.0005% / 1h	51m 43s	$1.4M	$9.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX against Lighter RH. 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 Lighter RHbpFee QFEXbpOrdersPrice spread, now −0.044%Rate

Funding earned: −$36.14
Price spread: −0.044% → −0.067%: $2.3
Slippage, 4 orders: −$5.39
Fee Lighter RH: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$49.23
Costs to cover: 0.154%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 2 min ago; QFEX: live order book, 12 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 Lighter RH live order book, 2 min ago	0.88 bp	1.0 bp −$1	2.2 bp −$22	33.7 bp −$3,374	doesn't fit
Sell QFEX live order book, 12 min ago	1.76 bp	6.8 bp −$7	8.7 bp −$87	13.7 bp −$1,366	doesn't fit

NVDA on 34 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	227.69	−0.057%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.70	−0.053%	$14.4M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.64	−0.079%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.76	−0.026%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.76	−0.027%	$20K	$386K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.21	−0.268%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.84	+0.009%	$198K	$481K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.76	−0.026%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0003%	8h	227.75	−0.029%	$484K	$590K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.53	−0.127%	$118K	$54K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0016%	1h	227.59	−0.101%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0024%	8h	227.76	−0.027%	$3.5M	$2.0M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	−0.044%	$406K	$712K	20x	as long as short
QFEX NVDA-USDshort	+0.0044%	1h	227.72	−0.044%	$1.4M	$9.7M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.81	−0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.53	−0.127%	$148.1M	$44.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.59	−0.101%	$401K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.54	−0.123%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.52	−0.132%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.158%	$1.3M	$776K	10x	as long as short
Binance NVDAUSDT	+0.0087%	8h	227.70	−0.053%	$156.3M	$215.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.56	−0.113%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.57	−0.110%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.69	−0.057%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.69	−0.057%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.64	−0.079%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0130%	8h	227.76	−0.026%	$1.6M	$726K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.64	−0.079%	$49K	$1.6M	10x	as long as short
Nado NVDA-PERP	+0.0151%	1h	227.59	−0.102%	$484K	$229K	20x	as long as short
edgeX NVDAUSDC	+0.0171%	4h	227.75	−0.030%	$170K	$1.9M	20x	as long as short
Lighter NVDA	+0.0192%	1h	227.69	−0.055%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDAlong	+0.0216%	1h	227.82	long leg	$5.1M	$7.0M	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.91	+0.040%	$73K	$134	30x	as long as short
Extended NVDA_24_5-USD	+0.0232%	1h	227.53	−0.125%	$689K	$714K	10x	as long as short