Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h −0.003%

Price spread now: Vest against Variational Omni+0.054%7-day average — · you sell dearer than you buy

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

Long on Variational Omni Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · Vest: Active · farm boardneeds both histories

The price spread pays, funding is against you. Vest is 0.054% dearer against Variational Omni than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NVDA	226.43	0.0105	pay 0.0105% / 8h	7h 51m	$3.5M	$2.3M	—
Short	Vest NVDA-USD-PERP	226.55	0.0046	get 0.0006% / 1h	51m 16s	—	$74K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now +0.054%Rate

Funding earned: −$12.55
Price spread: +0.054% → 0.000%: $5.4
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Vest: 1 bp × 2 orders: −$2
Net: −$9.15
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Vest: no order-book sample. 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	2.78 bp	doesn't fit	3.8 bp −$38	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	−0.0032%	1h	226.32	−0.048%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.39	−0.017%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.42	−0.003%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.37	−0.025%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.52	+0.041%	$15.8M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.08	−0.154%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.37	−0.025%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.50	+0.032%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.59	+0.072%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.17	−0.115%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX NVDAUSDC	+0.0020%	4h	226.30	−0.058%	$171K	$1.9M	20x	as long as short
Lighter NVDA	+0.0040%	1h	226.37	−0.026%	$2.1M	$3.2M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.37	−0.025%	$392K	$736K	20x	as long as short
Vest NVDA-USD-PERPshort	+0.0046%	1h	226.55	+0.054%	—	$74K	25x
tradeXYZ xyz:NVDA	+0.0050%	1h	226.33	−0.043%	$147.0M	$43.2M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.28	−0.065%	$391K	$245K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.27	−0.070%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.105%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0063%	1h	226.32	−0.047%	$481K	$223K	20x	as long as short
Lighter RH NVDA	+0.0064%	1h	226.56	+0.058%	$5.1M	$6.9M	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.39	−0.017%	$1.3M	$9.1M	10x	as long as short
Aster NVDAUSDT	+0.0080%	8h	226.35	−0.034%	$482K	$538K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0081%	8h	226.35	−0.035%	$21K	$426K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.26	−0.075%	$297K	$48K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.21	−0.096%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.42	−0.003%	$36K	$20K	20x	as long as short
Variational Omni NVDAlong	+0.0105%	8h	226.43	long leg	$3.5M	$2.3M	—
KuCoin NVDAUSDTM	+0.0112%	8h	226.36	−0.030%	$1.6M	$886K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.43	−0.001%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.29	−0.061%	$1.3M	$696K	10x	as long as short
Extended NVDA_24_5-USD	+0.0152%	1h	226.23	−0.087%	$644K	$879K	10x	as long as short
Binance NVDAUSDT	+0.0165%	8h	226.47	+0.019%	$155.4M	$220.3M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.25	−0.078%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.72	+0.129%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0285%	8h	226.42	−0.003%	$712K	$196K	20x	as long as short