Funding you earn now, next payment 08:00 UTC−0.0028%/8h= −3.1% APRnext payment −$0.28 per $10,000 · paid last 24h −0.017%
Price spread now: Bybit against Variational Omni−0.082%7-day average +0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.013%−$1 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.082%, 7d avg +0.006%
=Together, before fees+0.089%+ Points / potential airdropVariational Omni: Active · farm board+$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bybit is 0.087% cheaper against Variational Omni than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.006%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVDA | 226.96 | 0.0028 | pay 0.0028% / 8h | 3h 11m | $3.6M | $2.2M | — |
| Short | Bybit NVDAUSDT | 226.77 | 0 | get 0.0000% / 8h | 3h 11m | $12.5M | $14.9M | 100x |
Variational Omni NVDA
Bybit NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$5.91
- Price spread: −0.082% → +0.006%
- −$8.75
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.66
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Bybit: live order book, 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 Variational Omni RFQ quote, 2 min ago | 2.80 bp | doesn't fit | 4.4 bp −$44 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.22 bp | 7.0 bp −$7 | 9.9 bp −$99 | 105.4 bp −$10.5K | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDTshort | 0.0000% | 8h | 226.77 | −0.082% | $12.5M | $14.9M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.77 | −0.082% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.76 | −0.086% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.86 | −0.042% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.03 | +0.034% | $21K | $402K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.45 | −0.223% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.87 | −0.038% | $198K | $466K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.18 | +0.099% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0003% | 8h | 226.81 | −0.063% | $482K | $569K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.80 | −0.067% | $117K | $53K | 10x | as long as short |
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDAlong | +0.0028% | 8h | 226.96 | long leg | $3.6M | $2.2M | — | |
| Lighter NVDA | +0.0032% | 1h | 226.76 | −0.085% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.81 | −0.064% | $398K | $734K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 226.85 | −0.046% | $1.3M | $9.1M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0043% | 4h | 227.00 | +0.018% | $170K | $1.9M | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.95 | −0.002% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.66 | −0.130% | $147.3M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.78 | −0.077% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.69 | −0.117% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.75 | −0.090% | $1.6M | $2.0M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0056% | 1h | 226.65 | −0.135% | $35K | — | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.74 | −0.095% | $49K | $1.7M | 10x | as long as short |
| Nado NVDA-PERP | +0.0060% | 1h | 226.68 | −0.119% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0090% | 8h | 226.80 | −0.069% | $155.3M | $216.6M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.72 | −0.105% | $298K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.83 | −0.055% | $1.6M | $731K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.86 | −0.042% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.70 | −0.112% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.83 | −0.056% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.66 | −0.130% | $1.3M | $781K | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 226.93 | −0.011% | $5.1M | $7.1M | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 226.88 | −0.033% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0211% | 8h | 226.90 | −0.024% | $720K | $201K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.32 | +0.161% | $73K | $139 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0232% | 1h | 226.68 | −0.121% | $672K | $765K | 10x | as long as short |
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
edgeX NVDAUSDC
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
Deribit NVDA_USDC-PERPETUAL
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Phoenix NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD