Funding you earn now, next payment 04:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h +0.008%
Price spread now: Deribit against Nado+0.008%7-day average −0.012% · 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−$380.383% of the position
Funding, last 3 days (all we have)+0.116%+$12 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.008%, 7d avg −0.012%
=Together, before fees+0.026%+ Points / potential airdropNado: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.012%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 3 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 227.48 | 0.0070 | pay 0.0009% / 1h | 12m 09s | $484K | $228K | 20x |
| Short | Deribit NVDA_USDC-PERPETUAL | 227.50 | 0.0014 | get 0.0002% / 1h | 12m 09s | $49K | $1.6M | 10x |
Nado NVDA-PERP
Deribit NVDA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Nado. 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
- −$11.71
- Price spread: +0.008% → −0.012%
- $1.99
- Slippage, 4 orders
- −$24.26
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$47.98
- Costs to cover
- 0.383%
- Break-even
- never at this rate
Slippage from Nado: live order book, 46 min ago; Deribit: live order book, 2 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 Nado live order book, 46 min ago | 1.54 bp | 11.8 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 2 min ago | 0.22 bp | 9.7 bp −$10 | 10.8 bp −$108 | 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 | 227.58 | +0.043% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.58 | +0.043% | $14.4M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.52 | +0.016% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.61 | +0.056% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.24 | −0.107% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.069% | $198K | $468K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.66 | +0.078% | $2.2M | $43K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | +0.0014% | 1h | 227.50 | +0.008% | $49K | $1.6M | 10x | |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.55 | +0.029% | $118K | $54K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0021% | 8h | 227.63 | +0.065% | $20K | $390K | 10x | as long as short |
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_PerpShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0031% | 8h | 227.59 | +0.049% | $483K | $590K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.54 | +0.025% | $399K | $741K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.71 | +0.100% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.45 | −0.014% | $147.8M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | +0.034% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.45 | −0.014% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.36 | −0.054% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.55 | +0.030% | $1.3M | $9.2M | 10x | as long as short |
| Variational Omni NVDA | +0.0062% | 8h | 227.60 | +0.050% | $3.5M | $2.1M | — | as long as short |
| Nado NVDA-PERPlong | +0.0070% | 1h | 227.48 | long leg | $484K | $228K | 20x | |
| Lighter NVDA | +0.0072% | 1h | 227.56 | +0.035% | $2.2M | $3.3M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0072% | 1h | 227.44 | −0.019% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.47 | −0.007% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.47 | −0.006% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.55 | +0.030% | $36K | $21K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.021% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.58 | +0.041% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0115% | 8h | 227.61 | +0.055% | $156.2M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0130% | 8h | 227.63 | +0.065% | $1.6M | $722K | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.52 | +0.016% | $94K | $112K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 227.73 | +0.109% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.188% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0236% | 8h | 227.63 | +0.065% | $721K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 227.44 | −0.019% | $675K | $748K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0852% | 4h | 227.56 | +0.035% | $170K | $1.9M | 20x | as long as short |
Aster NVDAUSDT
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Variational Omni NVDA
Lighter NVDA
Hotstuff NVDA-PERP
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
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC