Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.003%

Price spread now: Variational Omni against Aster+0.036%7-day average −0.016% · you sell dearer than you buy

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.003%$0 on $10k

Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.036%, 7d avg −0.016%

Together, before fees−0.131%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board−$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.052% dearer against Aster than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.016%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	227.46	0	get 0.0000% / 8h	1h 17m	$474K	$578K	20x
Short	Variational Omni NVDA	227.55	0	get 0.0000% / 8h	1h 17m	$3.5M	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now +0.036%Rate

Funding earned: $0
Price spread: +0.036% → −0.016%: $5.25
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$2.75
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 65 min ago; Variational Omni: RFQ quote, 1 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 Aster live order book, 65 min ago	0.44 bp	5.3 bp −$5	11.2 bp −$112	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.79 bp	doesn't fit	3.8 bp −$38	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
Hotstuff NVDA-PERP	−0.0112%	1h	227.32	−0.063%	$35K	—	20x	as long as short
Aster NVDAUSDTlong	0.0000%	8h	227.46	long leg	$474K	$578K	20x
Bybit NVDAUSDT	0.0000%	8h	227.40	−0.028%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.40	−0.028%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.38	−0.037%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDAshort	0.0000%	8h	227.55	+0.036%	$3.5M	$2.3M	—
GRVT NVDA_USDT_Perp	0.0000%	8h	227.55	+0.038%	$20K	$435K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.01	−0.200%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.59	+0.055%	$198K	$528K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.56	+0.042%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0016%	1h	227.55	+0.036%	$118K	$55K	10x	as long as short
Binance NVDAUSDT	+0.0020%	8h	227.45	−0.006%	$156.3M	$220.7M	50x	as long as short
Bitget NVDAUSDT	+0.0027%	8h	227.46	−0.002%	$15.6M	$17.7M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.17	−0.128%	$536K	$446K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.45	−0.006%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.54	+0.033%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.28	−0.081%	$147.3M	$49.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.35	−0.050%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.33	−0.059%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.35	−0.050%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	227.42	−0.019%	$94K	$112K	20x	as long as short
BloFin NVDA-USDT	+0.0076%	8h	227.49	+0.011%	$714K	$204K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.46	0.000%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0095%	1h	227.31	−0.067%	$484K	$227K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.200%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.33	−0.059%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.48	+0.007%	$1.6M	$751K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.38	−0.037%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.46	−0.002%	$36K	$22K	20x	as long as short
Lighter RH NVDA	+0.0160%	1h	227.57	+0.047%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0184%	1h	227.46	−0.003%	$2.1M	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0190%	1h	227.38	−0.037%	$49K	$1.4M	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.80	+0.148%	$73K	$139	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.31	−0.068%	$400K	$723K	20x	as long as short
edgeX NVDAUSDC	+0.0913%	4h	227.54	+0.033%	$170K	$1.9M	20x	as long as short