Funding you earn now, next payment 08:00 UTC−0.0044%/8h= −4.8% APRnext payment −$0.44 per $10,000 · paid last 24h −0.016%
Price spread now: GRVT against Variational Omni+0.044%59s7-day average +0.009% · 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)−0.016%−$2 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now +0.044%, 7d avg +0.009%
=Together, before fees−0.001%+ Points / potential airdropVariational Omni: Active · GRVT: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.036% dearer against Variational Omni than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.009%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.7 days. At the pace of the last 4 days (−0.016% in total) that is about 8.0 days. The two prices were read 59 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVDA | 226.31 | 0.0099 | pay 0.0099% / 8h | 0m 30s | $3.5M | $2.3M | — |
| Short | GRVT NVDA_USDT_Perp | 226.41 | 0.0055 | get 0.0055% / 8h | 0m 30s | $22K | $423K | 10x |
Variational Omni NVDA
GRVT NVDA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$9.24
- Price spread: +0.044% → +0.009%
- $3.57
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$14.67
- Costs to cover
- 0.090%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 4 min ago; GRVT: live order book, 37 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, 4 min ago | 2.81 bp | doesn't fit | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 37 min ago | 1.33 bp | 6.7 bp −$7 | 8.8 bp −$88 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.15 | −0.073% | $12.4M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.18 | −0.059% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.19 | −0.055% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.28 | −0.015% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.01 | −0.135% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.35 | +0.016% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.56 | +0.109% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.15 | −0.071% | $117K | $51K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0016% | 1h | 226.13 | −0.082% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.006% | $392K | $738K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Hotstuff NVDA-PERP
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.23 | −0.037% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.22 | −0.042% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.12 | −0.086% | $1.6M | $1.9M | 15x | as long as short |
| GRVT NVDA_USDT_Perpshort | +0.0055% | 8h | 226.41 | +0.044% | $22K | $423K | 10x | |
| QFEX NVDA-USD | +0.0064% | 1h | 226.14 | −0.077% | $1.3M | $9.0M | 10x | as long as short |
| Polymarket Perps NVDA-USD | +0.0071% | 1h | 225.90 | −0.183% | $390K | $247K | 10x | as long as short |
| Aster NVDAUSDT | +0.0072% | 8h | 226.22 | −0.042% | $481K | $530K | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0096% | 1h | 226.07 | −0.108% | $146.7M | $43.3M | 20x | as long as short |
| Variational Omni NVDAlong | +0.0099% | 8h | 226.31 | long leg | $3.5M | $2.3M | — | |
| Pacifica NVDA | +0.0100% | 1h | 226.06 | −0.112% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.17 | −0.064% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.30 | −0.006% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0112% | 8h | 226.21 | −0.046% | $1.6M | $857K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.37 | +0.024% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.099% | $1.3M | $695K | 10x | as long as short |
| Binance NVDAUSDT | +0.0157% | 8h | 226.17 | −0.062% | $155.2M | $219.5M | 50x | as long as short |
| Nado NVDA-PERP | +0.0176% | 1h | 225.96 | −0.157% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 226.12 | −0.085% | $2.1M | $3.3M | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.36 | +0.020% | $93K | $83K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0202% | 4h | 226.42 | +0.047% | $170K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.100% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.26 | −0.024% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0276% | 8h | 226.34 | +0.011% | $710K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 226.20 | −0.051% | $646K | $878K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.28 | −0.015% | $53K | $1.9M | 10x | as long as short |
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Polymarket Perps NVDA-USD
Aster NVDAUSDT
tradeXYZ xyz:NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Nado NVDA-PERP
Lighter NVDA
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL