Funding you earn now, next payment 08:00 UTC−0.0023%/8h= −2.5% APRnext payment −$0.23 per $10,000 · paid last 24h −0.011%
Price spread now: Variational Omni against Orderly−0.062%7-day average — · 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)—no history yet
+Price spread, last 7 days—no 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 −$1 a day on $10k at the current rate, and Variational Omni is 0.062% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NVDA_USDC | 226.45 | 0.0100 | pay 0.0100% / 8h | 12m 48s | $36K | $21K | 20x |
| Short | Variational Omni NVDA | 226.31 | 0.0077 | get 0.0077% / 8h | 12m 48s | $3.5M | $2.2M | — |
Orderly PERP_NVDA_USDC
Variational Omni NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against Orderly. 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
- −$4.84
- Price spread: −0.062% → 0.000%
- −$6.19
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$17.02
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Variational Omni RFQ quote, 1 min ago | 2.78 bp | doesn't fit | 3.5 bp −$35 | doesn't fit | doesn't fit |
Orderly: 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.41 | −0.018% | $12.4M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.40 | −0.022% | $14.1M | $20.4M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 226.16 | −0.128% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | −0.022% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.50 | +0.022% | $15.9M | $16.7M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.03 | −0.185% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.40 | −0.022% | $198K | $442K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.63 | +0.079% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.08 | −0.162% | $117K | $51K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0039% | 8h | 226.32 | −0.059% | $21K | $423K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Hotstuff NVDA-PERP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_PerpShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.27 | −0.079% | $392K | $738K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.45 | 0.000% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.26 | −0.084% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.11 | −0.150% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0053% | 8h | 226.37 | −0.035% | $482K | $530K | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.35 | −0.044% | $1.3M | $9.1M | 10x | as long as short |
| Variational Omni NVDAshort | +0.0077% | 8h | 226.31 | −0.062% | $3.5M | $2.2M | — | |
| Polymarket Perps NVDA-USD | +0.0082% | 1h | 226.34 | −0.049% | $391K | $247K | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0086% | 1h | 226.26 | −0.084% | $147.0M | $43.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.22 | −0.102% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.37 | −0.035% | $1.6M | $807K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.09 | −0.159% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDClong | +0.0100% | 8h | 226.45 | long leg | $36K | $21K | 20x | |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.46 | +0.007% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.159% | $1.3M | $697K | 10x | as long as short |
| Binance NVDAUSDT | +0.0139% | 8h | 226.42 | −0.013% | $155.3M | $219.9M | 50x | as long as short |
| Lighter NVDA | +0.0160% | 1h | 226.44 | −0.006% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0170% | 1h | 226.17 | −0.122% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.29 | −0.071% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.78 | +0.146% | $73K | $139 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.57 | +0.053% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0259% | 8h | 226.49 | +0.018% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 226.19 | −0.117% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.42 | −0.013% | $53K | $1.9M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0539% | 4h | 226.32 | −0.059% | $170K | $1.9M | 20x | as long as short |
Arcus NVDA-USD
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Aster NVDAUSDT
QFEX NVDA-USD
Polymarket Perps NVDA-USD
tradeXYZ xyz:NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Lighter NVDA
Nado NVDA-PERP
Phoenix NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC