Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.007%

Price spread now: Polymarket Perps against Aster−0.061%7-day average −0.039% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$240.239% of the position

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.045%−$5 on $10k

Price spread, last 4 days (all we have)+0.027%+$3 · spread now −0.061%, 7d avg −0.039%

Together, before fees−0.018%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. Polymarket Perps is 0.022% cheaper against Aster than usual: you would sell low and buy high (spread −0.061% now, against its 7-day average of −0.039%). If the spread goes back, that is −$2 on $10k: about 35 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NVDAUSDT	226.48	0	get 0.0000% / 8h	2h 22m	$482K	$571K	20x
Short	Polymarket Perps NVDA-USD	226.34	0.0050	get 0.0006% / 1h	22m 09s	$398K	$278K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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 Polymarket PerpsbpOrdersPrice spread, now −0.061%Rate

Funding earned: $10.5
Price spread: −0.061% → −0.039%: −$2.19
Slippage, 4 orders: −$7.9
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$15.59
Costs to cover: 0.239%
Break-even: 17.4 days

Slippage from Aster: live order book, 25 min ago; Polymarket Perps: live order book, 25 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 Aster live order book, 25 min ago	0.66 bp	5.1 bp −$5	8.0 bp −$80	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 25 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 NVDAUSDTlong	0.0000%	8h	226.48	long leg	$482K	$571K	20x
Bybit NVDAUSDT	0.0000%	8h	226.47	−0.003%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.52	+0.019%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	−0.052%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.46	−0.008%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.42	−0.023%	$22K	$410K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.11	−0.162%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.032%	$198K	$459K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.53	+0.023%	$2.2M	$43K	10x	as long as short
Variational Omni NVDA	+0.0004%	8h	226.34	−0.062%	$3.6M	$2.1M	—	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	+0.0012%	1h	226.34	−0.063%	$117K	$52K	10x	as long as short
Hotstuff NVDA-PERP	+0.0040%	1h	226.29	−0.083%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.34	−0.061%	$398K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.32	−0.069%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.46	−0.008%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	226.38	−0.043%	$2.1M	$3.4M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.25	−0.100%	$146.9M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.34	−0.061%	$398K	$278K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.28	−0.087%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.127%	$1.6M	$2.0M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0059%	1h	226.33	−0.065%	$53K	$1.8M	10x	as long as short
Nado NVDA-PERP	+0.0078%	1h	226.24	−0.104%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.48	+0.002%	$154.4M	$218.4M	50x	as long as short
Lighter RH NVDA	+0.0096%	1h	226.62	+0.063%	$5.1M	$7.1M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.26	−0.095%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.44	−0.016%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.127%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.35	−0.056%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.38	−0.045%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.091%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.083%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0200%	8h	226.44	−0.016%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.103%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0344%	1h	226.21	−0.118%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	−0.074%	$170K	$1.9M	20x	as long as short