Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.019%

Price spread now: Variational Omni against Gate+0.003%7-day average +0.009% · you sell dearer than you buy

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

Long on Gate Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.092%+$9 on $10k

Price spread, last 7 days−0.022%−$2 · spread now +0.003%, 7d avg +0.009%

Together, before fees+0.070%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NVDA_USDT	227.84	0	get 0.0000% / 8h	7h 17m	$7.2M	$9.7M	100x
Short	Variational Omni NVDA	227.85	0	get 0.0000% / 8h	7h 17m	$3.5M	$1.9M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Gate. 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 GatebpFee Variational OmnibpOrdersPrice spread, now +0.003%Rate

Funding earned: $0
Price spread: +0.003% → +0.009%: −$0.59
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$15.59
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Gate live order book, 1 min ago	0.22 bp	11.5 bp −$11	19.3 bp −$193	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 2 min ago	2.79 bp	doesn't fit	4.6 bp −$46	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	227.70	−0.063%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.88	+0.018%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.87	+0.013%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDTlong	0.0000%	8h	227.84	long leg	$7.2M	$9.7M	100x
Variational Omni NVDAshort	0.0000%	8h	227.85	+0.003%	$3.5M	$1.9M	—
SunX NVDA-USDT	0.0000%	8h	227.46	−0.167%	$3K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.88	+0.018%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.91	+0.031%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.68	−0.071%	$118K	$55K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.71	−0.057%	$524K	$473K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.70	−0.061%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.86	+0.009%	$1.6M	$11.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.96	+0.053%	—	$74K	25x	as long as short
Bitget NVDAUSDT	+0.0046%	8h	227.89	+0.022%	$15.5M	$16.9M	100x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.76	−0.035%	$147.9M	$46.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.84	0.000%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.74	−0.044%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.69	−0.066%	$1.5M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0064%	8h	227.92	+0.036%	$156.6M	$217.4M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.167%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0086%	1h	227.78	−0.027%	$484K	$229K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0094%	8h	227.87	+0.013%	$20K	$389K	10x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	227.74	−0.044%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.88	+0.017%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.73	−0.047%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.69	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.87	+0.013%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.73	−0.048%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0136%	8h	227.89	+0.022%	$1.6M	$735K	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	228.05	+0.092%	$5.1M	$7.1M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0145%	1h	227.82	−0.009%	$49K	$1.5M	10x	as long as short
Lighter NVDA	+0.0152%	1h	227.92	+0.034%	$2.2M	$3.2M	20x	as long as short
BloFin NVDA-USDT	+0.0184%	8h	227.94	+0.044%	$718K	$206K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.36	+0.228%	$73K	$139	30x	as long as short
edgeX NVDAUSDC	+0.0924%	4h	227.82	−0.011%	$170K	$1.9M	20x	as long as short