Funding you earn now, next payment 09:00 UTC−0.0026%/8h= −2.9% APRpaid last 24h −0.002%
Price spread now: QFEX against Variational Omni−0.023%7-day average −0.031% · 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)−0.005%$0 on $10k
+Price spread, last 7 days−0.009%−$1 · spread now −0.023%, 7d avg −0.031%
=Together, before fees−0.014%+ Points / potential airdropVariational Omni: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.031%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni NVDA | 226.63 | 0.0098 | pay 0.0098% / 8h | 7h 12m | $3.2M | $2.5M | — |
| Short | QFEX NVDA-USD | 226.58 | 0.0072 | get 0.0009% / 1h | 12m 55s | $1.3M | $9.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$5.51
- Price spread: −0.023% → −0.031%
- $0.79
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$14.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; QFEX: live order book, 11 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, 1 min ago | 2.80 bp | doesn't fit | 9.9 bp −$99 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 11 min ago | 1.11 bp | 6.1 bp −$6 | 6.1 bp −$61 | 10.4 bp −$1,036 | 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 | 226.63 | −0.001% | $12.6M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.65 | +0.008% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.60 | −0.014% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.63 | −0.001% | $15.7M | $16.0M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.60 | −0.014% | $21K | $430K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.27 | −0.160% | $2K | $3.5M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.28 | −0.155% | $198K | $436K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.76 | +0.056% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0009% | 1h | 226.26 | −0.162% | $117K | $51K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.45 | −0.080% | $53K | $1.9M | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NVDA | +0.0032% | 1h | 226.52 | −0.051% | $2.1M | $3.3M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 226.50 | −0.058% | $640K | $872K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.53 | −0.045% | $392K | $739K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.73 | +0.043% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.50 | −0.058% | $147.5M | $44.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.52 | −0.049% | $391K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.39 | −0.107% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.39 | −0.107% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0069% | 8h | 226.56 | −0.030% | $484K | $544K | 20x | as long as short |
| QFEX NVDA-USDshort | +0.0072% | 1h | 226.58 | −0.023% | $1.3M | $9.1M | 10x | |
| Nado NVDA-PERP | +0.0073% | 1h | 226.47 | −0.071% | $481K | $221K | 20x | as long as short |
| Lighter RH NVDA | +0.0080% | 1h | 226.70 | +0.030% | $5.1M | $7.2M | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0080% | 1h | 226.43 | −0.089% | $35K | — | 20x | as long as short |
| Variational Omni NVDAlong | +0.0098% | 8h | 226.63 | long leg | $3.2M | $2.5M | — | |
| Pacifica NVDA | +0.0100% | 1h | 226.42 | −0.093% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.48 | −0.067% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.52 | −0.049% | $36K | $20K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0110% | 8h | 226.54 | −0.041% | $1.6M | $1.0M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.53 | −0.043% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.17 | −0.204% | $1.3M | $679K | 10x | as long as short |
| Binance NVDAUSDT | +0.0155% | 8h | 226.65 | +0.007% | $155.3M | $222.6M | 50x | as long as short |
| edgeX NVDAUSDC | +0.0165% | 4h | 226.53 | −0.045% | $171K | $1.9M | 20x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.11 | −0.230% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | −0.041% | $73K | $138 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0275% | 8h | 226.60 | −0.014% | $710K | $201K | 20x | as long as short |
Variational Omni NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Aster NVDAUSDT
Lighter RH NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
edgeX NVDAUSDC
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT