NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0031%/8h= −3.4% APRnext payment −$0.04 per $10,000 · paid last 24h +0.002%

Price spread now: Aftermath Perps against QFEX−0.031%7-day average −0.045% · 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−$42as in the Price arb table

costs, in and out, $10k−$430.433% of the position

Long on QFEX Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.115%−$12 on $10k

Price spread, last 4 days (all we have)−0.023%−$2 · spread now −0.031%, 7d avg −0.045%

Together, before fees−0.138%−$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NVDA-USD	226.63	0.0042	pay 0.0005% / 1h	2m 17s	$1.3M	$9.1M	10x
Short	Aftermath Perps NVDAUSD	226.56	0.0010	get 0.0001% / 1h	2m 17s	$117K	$52K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against QFEX. 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 QFEXbpFee Aftermath PerpsbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$6.6
Price spread: −0.031% → −0.045%: $1.36
Slippage, 4 orders: −$24.28
Fee QFEX: 5 bp × 2 orders: −$10
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$48.52
Costs to cover: 0.433%
Break-even: never at this rate

Slippage from QFEX: live order book, 7 min ago; Aftermath Perps: live order book, 47 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 QFEX live order book, 7 min ago	2.21 bp	7.2 bp −$7	7.2 bp −$72	12.4 bp −$1,244	doesn't fit
Sell Aftermath Perps live order book, 47 min ago	3.95 bp	8.7 bp −$9	21.8 bp −$218	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
Aster NVDAUSDT	0.0000%	8h	226.59	−0.018%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.66	+0.013%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.68	+0.022%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.64	+0.004%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.69	+0.026%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.82	+0.084%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.41	−0.097%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.71	+0.035%	$198K	$456K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.77	+0.062%	$2.2M	$42K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.76	+0.055%	$3.6M	$2.1M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSDshort	+0.0010%	1h	226.56	−0.031%	$117K	$52K	10x
Hotstuff NVDA-PERP	+0.0032%	1h	226.58	−0.022%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.63	0.000%	$398K	$734K	20x	as long as short
QFEX NVDA-USDlong	+0.0042%	1h	226.63	long leg	$1.3M	$9.1M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	226.75	+0.053%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.54	−0.040%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.61	−0.009%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.53	−0.044%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.49	−0.062%	$1.6M	$2.0M	15x	as long as short
Lighter NVDA	+0.0072%	1h	226.62	−0.005%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.70	+0.030%	$154.5M	$219.0M	50x	as long as short
Nado NVDA-PERP	+0.0086%	1h	226.51	−0.052%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.48	−0.065%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.70	+0.031%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.59	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.63	0.000%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.68	+0.022%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.65	+0.009%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	226.74	+0.049%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.150%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0201%	8h	226.71	+0.035%	$710K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.95	+0.141%	$73K	$140	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0280%	1h	226.59	−0.018%	$53K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0376%	1h	226.50	−0.055%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0414%	4h	226.75	+0.051%	$171K	$1.9M	20x	as long as short