NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0056%/8h= −6.1% APRnext payment −$0.07 per $10,000 · paid last 24h −0.029%

Price spread now: SoDEX against Phoenix−0.035%50s7-day average — · you buy dearer than you sell

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

Long on Phoenix Short on SoDEX

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 −$2 a day on $10k at the current rate, and SoDEX is 0.035% cheaper against Phoenix than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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	Phoenix NVDA	226.27	0.0106	pay 0.0013% / 1h	25m 24s	$93K	$112K	20x
Short	SoDEX NVDA-USD	226.19	0.0050	get 0.0006% / 1h	25m 24s	$59K	$19K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Phoenix. 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 PhoenixbpFee SoDEXbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$11.74
Price spread: −0.035% → 0.000%: −$3.54
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$30.27
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 15 min ago; SoDEX: no order-book sample. 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 Phoenix live order book, 15 min ago	3.09 bp	9.3 bp −$9	20.0 bp −$200	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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
Hotstuff NVDA-PERP	−0.0040%	1h	226.20	−0.031%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.43	+0.070%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.41	+0.062%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.40	+0.057%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	+0.040%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.45	+0.080%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	+0.083%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.05	−0.097%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.124%	$198K	$460K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.48	+0.093%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0004%	8h	226.34	+0.030%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.29	+0.011%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.36	+0.041%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	+0.013%	$397K	$726K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.38	+0.049%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.088%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.29	+0.009%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.36	+0.040%	$398K	$278K	10x	as long as short
SoDEX NVDA-USDshort	+0.0050%	1h	226.19	−0.035%	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.044%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0077%	1h	226.26	−0.003%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0079%	8h	226.44	+0.074%	$154.5M	$218.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.27	+0.001%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.43	+0.071%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.035%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	+0.053%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.50	+0.102%	$5.0M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.34	+0.032%	—	—	10x	as long as short
Phoenix NVDAlong	+0.0106%	1h	226.27	long leg	$93K	$112K	20x
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	+0.009%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.26	−0.004%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.071%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.194%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0328%	1h	226.24	−0.013%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	+0.017%	$170K	$1.9M	20x	as long as short