Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.011%
Price spread now: Variational Omni against Orderly−0.014%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NVDA_USDC | 227.46 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $36K | $22K | 20x |
| Short | Variational Omni NVDA | 227.43 | 0 | get 0.0000% / 8h | 1h 33m | $3.5M | $2.3M | — |
Orderly PERP_NVDA_USDC
Variational Omni NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$21
- Price spread: −0.014% → 0.000%
- −$1.37
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$28.37
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 1 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.79 bp | doesn't fit | 3.6 bp −$36 | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 227.31 | −0.066% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 227.49 | +0.013% | $474K | $578K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.46 | 0.000% | $12.7M | $15.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.47 | +0.004% | $14.4M | $21.1M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.40 | −0.026% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDAshort | 0.0000% | 8h | 227.43 | −0.014% | $3.5M | $2.3M | — | |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.46 | +0.002% | $20K | $441K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.04 | −0.185% | $2K | $4.0M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.41 | −0.022% | $202K | $522K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.52 | +0.026% | $2.2M | $41K | 10x | as long as short |
Hotstuff NVDA-PERP
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDT | +0.0004% | 8h | 227.50 | +0.017% | $156.2M | $220.7M | 50x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.24 | −0.095% | $118K | $55K | 10x | as long as short |
| Bitget NVDAUSDT | +0.0020% | 8h | 227.52 | +0.026% | $15.6M | $17.9M | 100x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.27 | −0.082% | $522K | $409K | 10x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.45 | −0.004% | $1.6M | $11.4M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.51 | +0.022% | — | $73K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.32 | −0.062% | $147.3M | $49.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.37 | −0.040% | $401K | $290K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.33 | −0.057% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.27 | −0.084% | $1.6M | $2.1M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.40 | −0.026% | $49K | $1.5M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0058% | 8h | 227.48 | +0.009% | $714K | $205K | 20x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.25 | −0.092% | $93K | $112K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0074% | 4h | 227.49 | +0.012% | $170K | $1.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0079% | 1h | 227.33 | −0.056% | $484K | $227K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.48 | +0.007% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.198% | $1.3M | $888K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.31 | −0.066% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.43 | −0.013% | $1.6M | $754K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.30 | −0.070% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDClong | +0.0100% | 8h | 227.46 | long leg | $36K | $22K | 20x | |
| Lighter RH NVDA | +0.0128% | 1h | 227.62 | +0.070% | $4.9M | $7.0M | 20x | as long as short |
| Lighter NVDA | +0.0152% | 1h | 227.50 | +0.016% | $2.1M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.61 | +0.066% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USD | +0.0305% | 1h | 227.38 | −0.035% | $388K | $709K | 20x | as long as short |
Binance NVDAUSDT
Aftermath Perps NVDAUSD
Bitget NVDAUSDT
Extended NVDA_24_5-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Phoenix NVDA
edgeX NVDAUSDC
Nado NVDA-PERP
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Lighter RH NVDA
Lighter NVDA
Injective NVDA/USDC PERP
Arcus NVDA-USD