Funding you earn now, next payment 05:00 UTC−0.0042%/8h= −4.6% APRpaid last 24h −0.021%
Price spread now: Variational Omni against Nado+0.075%7-day average +0.009% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.021%−$2 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.075%, 7d avg +0.009%
=Together, before fees−0.057%+ Points / potential airdropNado: Active · Variational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Variational Omni is 0.066% dearer against Nado than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of +0.009%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.2 days. At the pace of the last 3 days (−0.021% in total) that is about 11 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 226.65 | 0.0061 | pay 0.0008% / 1h | 1m 49s | $482K | $227K | 20x |
| Short | Variational Omni NVDA | 226.82 | 0.0019 | get 0.0019% / 8h | 3h 01m | $3.6M | $2.1M | — |
Nado NVDA-PERP
Variational Omni NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Nado. 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
- −$8.86
- Price spread: +0.075% → +0.009%
- $6.57
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$9.29
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Nado: live order book, 51 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 Nado live order book, 51 min ago | 0.22 bp | 9.1 bp −$9 | 27.6 bp −$276 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 2 min ago | 2.80 bp | doesn't fit | 4.4 bp −$44 | 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 | 226.77 | +0.056% | $483K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.74 | +0.041% | $12.5M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.72 | +0.032% | $14.3M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.66 | +0.006% | $7.3M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.79 | +0.063% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.80 | +0.067% | $21K | $404K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.38 | −0.118% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.87 | +0.099% | $198K | $464K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.89 | +0.107% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.63 | −0.005% | $117K | $53K | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.61 | −0.016% | $50K | $1.7M | 10x | as long as short |
| Variational Omni NVDAshort | +0.0019% | 8h | 226.82 | +0.075% | $3.6M | $2.1M | — | |
| Lighter NVDA | +0.0032% | 1h | 226.73 | +0.039% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.70 | +0.024% | $398K | $733K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 226.73 | +0.037% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.83 | +0.081% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.61 | −0.016% | $147.2M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.66 | +0.006% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.59 | −0.025% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.56 | −0.038% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERPlong | +0.0061% | 1h | 226.65 | long leg | $482K | $227K | 20x | |
| Binance NVDAUSDT | +0.0085% | 8h | 226.77 | +0.057% | $155.2M | $216.9M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.66 | +0.004% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.76 | +0.050% | $1.6M | $732K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.56 | −0.038% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.67 | +0.010% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.69 | +0.021% | — | — | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0120% | 1h | 226.61 | −0.016% | $35K | — | 20x | as long as short |
| Lighter RH NVDA | +0.0128% | 1h | 226.89 | +0.107% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.66 | +0.006% | $1.3M | $781K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 226.71 | +0.028% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0206% | 8h | 226.80 | +0.068% | $717K | $190K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.12 | +0.209% | $73K | $140 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0224% | 1h | 226.56 | −0.036% | $670K | $765K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0677% | 4h | 226.78 | +0.059% | $170K | $1.9M | 20x | as long as short |
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
Arcus NVDA-USD
QFEX 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
Aevo NVDA-PERP
Hotstuff NVDA-PERP
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC