Funding you earn now, next payment 03:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.09 per $10,000 · paid last 24h +0.024%
Price spread now: Nado against tradeXYZ+0.008%7-day average +0.042% · 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−$45as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 3 days (all we have)−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.038%+$4 · spread now +0.008%, 7d avg +0.042%
=Together, before fees+0.030%+ Points / potential airdroptradeXYZ: Active · Nado: Active · farm board+$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.033% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.008% now, against its 7-day average of +0.042%). If the spread goes back, that is −$3 on $10k: about 36 hours of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 227.46 | 0.0050 | pay 0.0006% / 1h | 21m 27s | $147.9M | $44.1M | 20x |
| Short | Nado NVDA-PERP | 227.48 | 0.0125 | get 0.0016% / 1h | 21m 27s | $483K | $228K | 20x |
tradeXYZ xyz:NVDA
Nado NVDA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against tradeXYZ. 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
- $15.68
- Price spread: +0.008% → +0.042%
- −$3.33
- Slippage, 4 orders
- −$16.57
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$29.22
- Costs to cover
- 0.416%
- Break-even
- 20.0 days
Slippage from tradeXYZ: live order book, 7 min ago; Nado: live order book, 41 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 tradeXYZ live order book, 7 min ago | 0.22 bp | 9.5 bp −$9 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Nado live order book, 41 min ago | 1.10 bp | 13.9 bp −$14 | 23.3 bp −$233 | 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 | −0.0008% | 1h | 227.49 | +0.013% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.64 | +0.079% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.66 | +0.088% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.55 | +0.040% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.69 | +0.101% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.08 | −0.167% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.132% | $198K | $477K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.62 | +0.070% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 227.53 | +0.031% | $118K | $54K | 10x | as long as short |
| Aster NVDAUSDT | +0.0014% | 8h | 227.63 | +0.073% | $483K | $590K | 20x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0018% | 8h | 227.61 | +0.066% | $20K | $382K | 10x | as long as short |
| Variational Omni NVDA | +0.0040% | 8h | 227.53 | +0.030% | $3.5M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.50 | +0.018% | $406K | $746K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.63 | +0.075% | $1.4M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | +0.106% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAlong | +0.0050% | 1h | 227.46 | long leg | $147.9M | $44.1M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.62 | +0.070% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.40 | −0.026% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | −0.070% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | +0.031% | $1.3M | $777K | 10x | as long as short |
| Binance NVDAUSDT | +0.0099% | 8h | 227.69 | +0.101% | $156.2M | $215.1M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.47 | +0.002% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.40 | −0.026% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.54 | +0.035% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.55 | +0.040% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.55 | +0.040% | $94K | $112K | 20x | as long as short |
| Nado NVDA-PERPshort | +0.0125% | 1h | 227.48 | +0.008% | $483K | $228K | 20x | |
| KuCoin NVDAUSDTM | +0.0135% | 8h | 227.63 | +0.075% | $1.6M | $724K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0146% | 1h | 227.48 | +0.009% | $49K | $1.6M | 10x | as long as short |
| Lighter NVDA | +0.0160% | 1h | 227.62 | +0.069% | $2.2M | $3.2M | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.74 | +0.123% | $5.1M | $7.1M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0219% | 8h | 227.56 | +0.044% | $723K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.22 | +0.334% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 227.45 | −0.004% | $689K | $724K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0827% | 4h | 227.51 | +0.024% | $170K | $1.9M | 20x | as long as short |
GRVT NVDA_USDT_Perp
Variational Omni NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
KuCoin NVDAUSDTM
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC