Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.013%

Price spread now: Pacifica against Variational Omni−0.053%7-day average −0.043% · you buy dearer than you sell

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

Long on Variational Omni Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.051%+$5 on $10k

Price spread, last 4 days (all we have)+0.461%+$46 · spread now −0.053%, 7d avg −0.043%

Together, before fees+0.512%+ Points / potential airdropVariational Omni: Active · Pacifica: Active · farm board+$51 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NVDA	226.16	0.0100	pay 0.0100% / 8h	7h 31m	$3.2M	$2.5M	—
Short	Pacifica NVDA	226.04	0.0100	get 0.0013% / 1h	31m 07s	$297K	$50K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.053%Rate

Funding earned: −$0.05
Price spread: −0.053% → −0.043%: −$1
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$9.05
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Variational Omni: RFQ quote, 3 min ago; Pacifica: 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, 3 min ago	2.79 bp	doesn't fit	4.3 bp −$43	doesn't fit	doesn't fit
Sell Pacifica live order book, 2 min ago	1.11 bp	6.1 bp −$6	doesn't fit	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	226.14	−0.008%	$12.5M	$14.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.15	−0.003%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.13	−0.012%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.24	+0.036%	$15.8M	$15.9M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.18	+0.008%	$22K	$428K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.88	−0.123%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.11	−0.021%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.31	+0.067%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.120%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.03	−0.057%	$117K	$52K	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	226.14	−0.010%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.05	−0.048%	$640K	$875K	10x	as long as short
Lighter RH NVDA	+0.0040%	1h	226.31	+0.067%	$5.1M	$7.0M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.13	−0.012%	$391K	$738K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.33	+0.076%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.05	−0.048%	$146.8M	$43.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.10	−0.026%	$391K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.03	−0.056%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	225.94	−0.096%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0055%	1h	226.10	−0.026%	$480K	$222K	20x	as long as short
Aster NVDAUSDT	+0.0067%	8h	226.19	+0.013%	$481K	$544K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.15	−0.003%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	225.99	−0.074%	$35K	—	20x	as long as short
Pacifica NVDAshort	+0.0100%	1h	226.04	−0.053%	$297K	$50K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	226.03	−0.056%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.16	+0.001%	$36K	$20K	20x	as long as short
Variational Omni NVDAlong	+0.0100%	8h	226.16	long leg	$3.2M	$2.5M	—
KuCoin NVDAUSDTM	+0.0101%	8h	226.20	+0.019%	$1.6M	$963K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.15	−0.002%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.00	−0.070%	$1.3M	$688K	10x	as long as short
Binance NVDAUSDT	+0.0152%	8h	226.19	+0.016%	$154.9M	$221.1M	50x	as long as short
edgeX NVDAUSDC	+0.0184%	4h	226.13	−0.012%	$171K	$1.9M	20x	as long as short
Phoenix NVDA	+0.0212%	1h	226.04	−0.052%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.54	+0.169%	$73K	$137	30x	as long as short
BloFin NVDA-USDT	+0.0272%	8h	226.23	+0.032%	$715K	$198K	20x	as long as short