Funding you earn now, next payment 09:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h +0.010%
Price spread now: Arcus against Variational Omni+0.048%7-day average −0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.050%+$5 on $10k
+Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.048%, 7d avg −0.078%
=Together, before fees+0.001%+ Points / potential airdropVariational Omni: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Arcus is 0.127% dearer against Variational Omni than usual: you sell high and buy low (spread +0.048% now, against its 7-day average of −0.078%): +$13 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.3 days. Mind the row above: over the last 4 days funding on this pair paid +0.050%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVDA | 226.07 | 0.0086 | pay 0.0086% / 8h | 7h 22m | $3.2M | $2.5M | — |
| Short | Arcus NVDA-USD | 226.18 | 0.0040 | get 0.0005% / 1h | 22m 16s | $392K | $739K | 20x |
Variational Omni NVDA
Arcus NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Variational Omni. 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
- −$9.52
- Price spread: +0.048% → −0.078%
- $12.66
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$1.35
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Arcus: live order book, 12 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 Variational Omni RFQ quote, 2 min ago | 2.79 bp | doesn't fit | 3.8 bp −$38 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 12 min ago | 0.66 bp | 7.2 bp −$7 | 10.2 bp −$102 | 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 | −0.0112% | 1h | 226.04 | −0.014% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.21 | +0.062% | $12.5M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.24 | +0.075% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.17 | +0.044% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.26 | +0.084% | $15.8M | $15.9M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.13 | +0.026% | $21K | $431K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.92 | −0.067% | $2K | $3.5M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.28 | +0.092% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.43 | +0.159% | $2.2M | $41K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0002% | 4h | 226.10 | +0.015% | $171K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
edgeX NVDAUSDCShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 225.98 | −0.040% | $117K | $51K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.11 | +0.019% | $2.1M | $3.2M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.00 | −0.030% | $640K | $874K | 10x | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 226.18 | +0.048% | $392K | $739K | 20x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.30 | +0.101% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.07 | 0.000% | $146.8M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.00 | −0.031% | $390K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.09 | +0.008% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.01 | −0.027% | $1.6M | $1.9M | 15x | as long as short |
| Lighter RH NVDA | +0.0056% | 1h | 226.34 | +0.119% | $5.1M | $7.1M | 20x | as long as short |
| Nado NVDA-PERP | +0.0058% | 1h | 226.11 | +0.017% | $480K | $222K | 20x | as long as short |
| Aster NVDAUSDT | +0.0062% | 8h | 226.22 | +0.064% | $483K | $544K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.20 | +0.057% | $1.3M | $9.1M | 10x | as long as short |
| Variational Omni NVDAlong | +0.0086% | 8h | 226.07 | long leg | $3.2M | $2.5M | — | |
| Pacifica NVDA | +0.0100% | 1h | 226.04 | −0.014% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.10 | +0.013% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.18 | +0.048% | $36K | $20K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0102% | 8h | 226.21 | +0.062% | $1.6M | $999K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.22 | +0.068% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.00 | −0.031% | $1.3M | $682K | 10x | as long as short |
| Binance NVDAUSDT | +0.0147% | 8h | 226.27 | +0.088% | $155.1M | $222.2M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.03 | −0.018% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.207% | $73K | $138 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0267% | 8h | 226.24 | +0.075% | $714K | $199K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0281% | 1h | 226.15 | +0.035% | $53K | $1.9M | 10x | as long as short |
Aftermath Perps NVDAUSD
Lighter NVDA
Extended NVDA_24_5-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter RH NVDA
Nado NVDA-PERP
Aster NVDAUSDT
QFEX NVDA-USD
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Deribit NVDA_USDC-PERPETUAL