Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.003%

Price spread now: Aster against Variational Omni−0.007%7-day average +0.016% · you buy dearer than you sell

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

Long on Variational Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.003%$0 on $10k

Price spread, last 4 days (all we have)+0.094%+$9 · spread now −0.007%, 7d avg +0.016%

Together, before fees+0.097%+ Points / potential airdropVariational Omni: Active · Aster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.023% cheaper against Variational Omni than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NVDA	227.42	0	get 0.0000% / 8h	30m 48s	$3.6M	$1.9M	—
Short	Aster NVDAUSDT	227.40	0	get 0.0000% / 8h	30m 48s	$482K	$587K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 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 Variational OmnibpFee AsterbpOrdersPrice spread, now −0.007%Rate

Funding earned: $0
Price spread: −0.007% → +0.016%: −$2.27
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Aster: 4 bp × 2 orders: −$8
Net: −$10.27
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Aster: live order book, 47 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, 3 min ago	2.79 bp	doesn't fit	5.8 bp −$58	doesn't fit	doesn't fit
Sell Aster live order book, 47 min ago	0.22 bp	4.6 bp −$5	7.9 bp −$79	314.1 bp −$31.4K	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 NVDAUSDTshort	0.0000%	8h	227.40	−0.007%	$482K	$587K	20x
Bybit NVDAUSDT	0.0000%	8h	227.32	−0.043%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.30	−0.052%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.29	−0.057%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDAlong	0.0000%	8h	227.42	long leg	$3.6M	$1.9M	—
GRVT NVDA_USDT_Perp	0.0000%	8h	227.50	+0.036%	$20K	$415K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.95	−0.206%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.027%	$198K	$522K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.47	+0.022%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0030%	1h	227.41	−0.006%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.28	−0.063%	$536K	$446K	10x	as long as short
Bitget NVDAUSDT	+0.0042%	8h	227.34	−0.035%	$15.5M	$17.7M	100x	as long as short
Binance NVDAUSDT	+0.0045%	8h	227.32	−0.043%	$156.2M	$220.1M	50x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.52	+0.044%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.19	−0.101%	$147.8M	$48.8M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.36	−0.026%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.29	−0.057%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.26	−0.070%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.41	−0.004%	$1.6M	$11.5M	10x	as long as short
edgeX NVDAUSDC	+0.0066%	4h	227.44	+0.008%	$170K	$1.9M	20x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	227.30	−0.052%	$35K	—	20x	as long as short
Nado NVDA-PERP	+0.0072%	1h	227.31	−0.046%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.40	−0.007%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.180%	$1.3M	$845K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.28	−0.062%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.50	+0.036%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.36	−0.026%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.41	−0.004%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.36	−0.026%	$49K	$1.4M	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.42	+0.001%	$94K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.28	−0.061%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0166%	8h	227.46	+0.018%	$715K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.73	+0.137%	$73K	$137	30x	as long as short
Lighter NVDA	+0.0232%	1h	227.33	−0.039%	$2.1M	$3.3M	20x	as long as short
Lighter RH NVDA	+0.0232%	1h	227.46	+0.018%	$5.1M	$7.2M	20x	as long as short