Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0134%/8h= −14.7% APRpaid last 24h −0.049%
Price spread now: Variational Omni against Injective−0.207%61s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Variational Omni is 0.207% cheaper against Injective than usual: you would sell low and buy high (−$21 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 61 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP226.540.0220pay 0.0028% / 1h24m 16s$73K$13730x
ShortVariational Omni NVDA226.070.0086get 0.0086% / 8h7h 24m$3.2M$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Injective. 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

Funding earned
−$28.22
Price spread: −0.207% → 0.000%
−$20.71
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$48.95
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell Variational Omni RFQ quote, 5 min ago2.81 bpdoesn't fit3.1 bp −$31doesn't fitdoesn't fit
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h226.16−0.168%$12.5M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.23−0.137%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.17−0.163%$7.2M$10.0M100xas long as short
Bitget NVDAUSDT0.0000%8h226.32−0.097%$15.8M$15.9M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.19−0.153%$21K$431K10xas long as short
SunX NVDA-USDT0.0000%8h225.95−0.260%$3K$3.5M20xas long as short
HTX NVDA-USDT0.0000%8h226.28−0.115%$198K$437K30xas long as short
Phemex NVDAUSDT0.0000%4h226.46−0.035%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0011%1h225.98−0.245%$117K$51K10xas long as short
Lighter NVDA+0.0032%1h226.12−0.188%$2.1M$3.2M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h226.03−0.225%$640K$874K10xas long as short
Hotstuff NVDA-PERP+0.0032%1h225.99−0.243%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h226.19−0.154%$391K$738K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.32−0.097%$74K25xas long as short
Lighter RH NVDA+0.0048%1h226.28−0.115%$5.1M$7.1M20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.05−0.216%$146.8M$43.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.02−0.230%$390K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.04−0.221%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.01−0.234%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0053%1h226.07−0.207%$480K$222K20xas long as short
Aster NVDAUSDT+0.0060%8h226.15−0.171%$483K$544K20xas long as short
QFEX NVDA-USD+0.0072%1h226.21−0.146%$1.3M$9.1M10xas long as short
Variational Omni NVDAshort+0.0086%8h226.07−0.207%$3.2M$2.5M
Pacifica NVDA+0.0100%1h226.02−0.230%$297K$50K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.17−0.163%$1.6M$994K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.10−0.194%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.15−0.172%$36K$20K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.19−0.153%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.00−0.238%$1.3M$683K10xas long as short
Binance NVDAUSDT+0.0145%8h226.25−0.127%$155.1M$222.0M50xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0148%1h226.15−0.172%$53K$1.9M10xas long as short
Phoenix NVDA+0.0212%1h226.03−0.225%$93K$83K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h226.54long leg$73K$13730x
BloFin NVDA-USDT+0.0265%8h226.13−0.181%$713K$199K20xas long as short
edgeX NVDAUSDC+0.0562%4h226.11−0.191%$171K$1.9M20xas long as short