Funding you earn now, next payment 07:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.05 per $10,000 · paid last 24h −0.016%
Price spread now: QFEX against Pacifica+0.088%7-day average +0.040% · 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−$23as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 4 days (all we have)−0.057%−$6 on $10k
+Price spread, last 4 days (all we have)−0.136%−$14 · spread now +0.088%, 7d avg +0.040%
=Together, before fees−0.193%+ Points / potential airdropPacifica: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.049% dearer against Pacifica than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.040%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 226.22 | 0.0100 | pay 0.0013% / 1h | 0m 14s | $297K | $46K | 10x |
| Short | QFEX NVDA-USD | 226.42 | 0.0056 | get 0.0007% / 1h | 0m 14s | $1.3M | $9.1M | 10x |
Pacifica NVDA
QFEX NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Pacifica. 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
- −$9.17
- Price spread: +0.088% → +0.040%
- $4.87
- Slippage, 4 orders
- −$9.42
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$31.72
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 43 min ago; QFEX: live order book, 4 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 Pacifica live order book, 43 min ago | 0.66 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.55 bp | 6.5 bp −$7 | 7.2 bp −$72 | 12.9 bp −$1,290 | 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 | 226.43 | +0.093% | $12.4M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.40 | +0.080% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | +0.080% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.48 | +0.115% | $15.8M | $16.5M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.49 | +0.119% | $21K | $421K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.01 | −0.093% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.80 | +0.256% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.55 | +0.146% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0017% | 8h | 226.40 | +0.081% | $482K | $530K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.34 | +0.052% | $117K | $51K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0032% | 1h | 226.31 | +0.040% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0036% | 8h | 226.42 | +0.086% | $3.5M | $2.3M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.42 | +0.088% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.48 | +0.115% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.30 | +0.035% | $147.0M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.37 | +0.066% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.28 | +0.027% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.14 | −0.035% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USDshort | +0.0056% | 1h | 226.42 | +0.088% | $1.3M | $9.1M | 10x | |
| Pacifica NVDAlong | +0.0100% | 1h | 226.22 | long leg | $297K | $46K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.44 | +0.097% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.25 | +0.013% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.41 | +0.084% | $36K | $21K | 20x | as long as short |
| Binance NVDAUSDT | +0.0103% | 8h | 226.46 | +0.106% | $154.4M | $218.5M | 50x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.41 | +0.082% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.44 | +0.097% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | +0.031% | $1.3M | $722K | 10x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 226.36 | +0.062% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0140% | 1h | 226.22 | +0.001% | $481K | $223K | 20x | as long as short |
| Lighter RH NVDA | +0.0160% | 1h | 226.49 | +0.119% | $5.1M | $7.0M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.94 | +0.318% | $73K | $140 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0222% | 8h | 226.55 | +0.146% | $713K | $195K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0325% | 1h | 226.38 | +0.071% | $53K | $1.8M | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0376% | 1h | 226.18 | −0.020% | $647K | $872K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0727% | 4h | 226.44 | +0.097% | $170K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Binance NVDAUSDT
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter NVDA
Nado NVDA-PERP
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
Extended NVDA_24_5-USD
edgeX NVDAUSDC