Funding you earn now, next payment 06:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.012%
Price spread now: Polymarket Perps against Arcus−0.018%7-day average +0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$340.336% of the position
Funding, last 4 days (all we have)−0.034%−$3 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.018%, 7d avg +0.057%
=Funding pays, the price is against you. Polymarket Perps is 0.074% cheaper against Arcus than usual: you would sell low and buy high (spread −0.018% now, against its 7-day average of +0.057%). If the spread goes back, that is −$7 on $10k: about 25 days of funding at the current rate ($0 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus NVDA-USD | 226.56 | 0.0040 | pay 0.0005% / 1h | 16m 01s | $398K | $734K | 20x |
| Short | Polymarket Perps NVDA-USD | 226.52 | 0.0050 | get 0.0006% / 1h | 16m 01s | $398K | $278K | 10x |
Arcus NVDA-USD
Polymarket Perps NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Arcus. 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
- $2.04
- Price spread: −0.018% → +0.057%
- −$7.42
- Slippage, 4 orders
- −$21.05
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$38.94
- Costs to cover
- 0.336%
- Break-even
- 140.5 days
Slippage from Arcus: live order book, 33 min ago; Polymarket Perps: live order book, 31 min ago.
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 Arcus live order book, 33 min ago | 1.10 bp | 9.8 bp −$10 | 12.9 bp −$129 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 31 min ago | 2.42 bp | 6.4 bp −$6 | 7.0 bp −$70 | 9.2 bp −$918 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.61 | +0.022% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.53 | −0.013% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.55 | −0.004% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.54 | −0.009% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.64 | +0.035% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.68 | +0.053% | $21K | $417K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.26 | −0.132% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.47 | −0.040% | $198K | $458K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.72 | +0.071% | $2.2M | $42K | 10x | as long as short |
| Variational Omni NVDA | +0.0006% | 8h | 226.43 | −0.059% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.44 | −0.052% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USDlong | +0.0040% | 1h | 226.56 | long leg | $398K | $734K | 20x | |
| QFEX NVDA-USD | +0.0042% | 1h | 226.53 | −0.013% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.71 | +0.066% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.42 | −0.062% | $147.1M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USDshort | +0.0050% | 1h | 226.52 | −0.018% | $398K | $278K | 10x | |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.43 | −0.057% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.19 | −0.163% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.49 | −0.031% | $53K | $1.8M | 10x | as long as short |
| Lighter NVDA | +0.0064% | 1h | 226.56 | −0.002% | $2.1M | $3.4M | 20x | as long as short |
| Nado NVDA-PERP | +0.0081% | 1h | 226.49 | −0.030% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0082% | 8h | 226.57 | +0.004% | $154.4M | $218.6M | 50x | as long as short |
| Hotstuff NVDA-PERP | +0.0088% | 1h | 226.45 | −0.049% | $35K | — | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.46 | −0.044% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.54 | −0.009% | $1.6M | $741K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.51 | −0.022% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.56 | 0.000% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.67 | +0.049% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.57 | +0.003% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.57 | +0.004% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.119% | $1.3M | $789K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0202% | 8h | 226.62 | +0.026% | $714K | $193K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.88 | +0.141% | $73K | $139 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.36 | −0.088% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0461% | 4h | 226.45 | −0.050% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
Nado NVDA-PERP
Binance NVDAUSDT
Hotstuff NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC