NVD funding rate explained
Right now GraniteShares ETF Trust GraniteShares 2x Short NVDA Daily ETF (Dinari Tokenized ETF) (NVD) perpetual futures trade on 1 exchange we track. The highest funding is on MEXC at +0.043% per day, the lowest on MEXC at +0.043%. The average across all venues is +0.043% per day, or about +15.7% a year. Positive funding means NVD longs are paying shorts — the market is leaning long.
The gap between the highest and lowest venue is 0.000% per day. A delta-neutral position that shorts NVD on MEXC and goes long on MEXC would collect that difference at each settlement, before trading fees and the price spread between the two contracts. Check the live NVD arbitrage page for the price side of the trade.
Settlement intervals differ: NVD funding is paid every 8 hours depending on the exchange, so every rate on this page is also shown normalised to 24 hours and as an APR.
Related: NVD arbitrage · GraniteShares ETF Trust GraniteShares 2x Short NVDA Daily ETF (Dinari Tokenized ETF) price · funding rates for all coins.