Funding you earn now, next payment 06:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.024%
Price spread now: Nado against QFEX−0.052%7-day average −0.010% · 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−$380.380% of the position
Funding, last 3 days (all we have)+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.052%, 7d avg −0.010%
=Together, before fees+0.062%+ Points / potential airdropNado: Active · farm board+$6 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.042% cheaper against QFEX than usual: you would sell low and buy high (spread −0.052% now, against its 7-day average of −0.010%). If the spread goes back, that is −$4 on $10k: about 3.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NVDA-USD | 226.38 | 0.0042 | pay 0.0005% / 1h | 25m 03s | $1.3M | $9.1M | 10x |
| Short | Nado NVDA-PERP | 226.26 | 0.0077 | get 0.0010% / 1h | 25m 03s | $481K | $227K | 20x |
QFEX NVDA-USD
Nado NVDA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against QFEX. 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
- $7.46
- Price spread: −0.052% → −0.010%
- −$4.17
- Slippage, 4 orders
- −$21.01
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$34.72
- Costs to cover
- 0.380%
- Break-even
- 39.6 days
Slippage from QFEX: live order book, 4 min ago; Nado: live order book, 23 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, 4 min ago | 1.77 bp | 6.8 bp −$7 | 7.4 bp −$74 | 12.3 bp −$1,233 | doesn't fit |
| Sell Nado live order book, 23 min ago | 1.54 bp | 14.4 bp −$14 | 21.6 bp −$216 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.20 | −0.080% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.42 | +0.018% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.41 | +0.013% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.40 | +0.009% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.36 | −0.009% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.45 | +0.031% | $15.2M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.46 | +0.034% | $21K | $409K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.16 | −0.097% | $3K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.075% | $198K | $459K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.52 | +0.062% | $2.2M | $43K | 10x | as long as short |
Hotstuff NVDA-PERP
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDTShow 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 | −0.019% | $3.6M | $2.1M | — | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.29 | −0.038% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.40 | +0.009% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.035% | $397K | $726K | 20x | as long as short |
| QFEX NVDA-USDlong | +0.0042% | 1h | 226.38 | long leg | $1.3M | $9.1M | 10x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.47 | +0.040% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.28 | −0.044% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.36 | −0.009% | $398K | $278K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.24 | −0.062% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.17 | −0.093% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERPshort | +0.0077% | 1h | 226.26 | −0.052% | $481K | $227K | 20x | |
| Binance NVDAUSDT | +0.0079% | 8h | 226.43 | +0.022% | $154.5M | $218.3M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.27 | −0.047% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.42 | +0.018% | $1.6M | $739K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.084% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | +0.004% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.54 | +0.071% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.40 | +0.008% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.27 | −0.049% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.040% | $1.3M | $789K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.35 | −0.013% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0199% | 8h | 226.43 | +0.022% | $716K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.71 | +0.146% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0328% | 1h | 226.19 | −0.082% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0908% | 4h | 226.31 | −0.031% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Aftermath Perps NVDAUSD
Lighter NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC