NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0086%/8h= −9.4% APRnext payment −$0.11 per $10,000 · paid last 24h −0.021%

Price spread now: Polymarket Perps against Coinbase International−0.097%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$40as in the Funding arb table

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$300.303% of the position

Long on Coinbase International Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.097%−$10 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.097%, 7d avg +0.027%

Together, before fees+0.067%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Polymarket Perps is 0.124% cheaper against Coinbase International than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.027%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NVDA-PERP-INTX	226.29	0.0136	pay 0.0017% / 1h	53m 38s	$1.3M	$697K	10x
Short	Polymarket Perps NVDA-USD	226.07	0.0050	get 0.0006% / 1h	53m 38s	$391K	$245K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Coinbase International. 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 Coinbase InternationalbpFee Polymarket PerpsbpOrdersPrice spread, now −0.097%Rate

Funding earned: −$18.06
Price spread: −0.097% → +0.027%: −$12.43
Slippage, 4 orders: −$12.35
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$60.84
Costs to cover: 0.303%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 5 min ago; Polymarket Perps: live order book, 44 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 Coinbase International live order book, 5 min ago	2.87 bp	9.2 bp −$9	11.0 bp −$110	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 44 min ago	2.21 bp	6.2 bp −$6	7.0 bp −$70	9.3 bp −$926	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
Bybit NVDAUSDT	0.0000%	8h	226.28	−0.004%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.29	0.000%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.25	−0.018%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.38	+0.040%	$15.8M	$16.3M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.85	−0.194%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.16	−0.057%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.31	+0.009%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.43	+0.062%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.13	−0.070%	$117K	$51K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.24	−0.022%	$392K	$737K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NVDA-USD-PERP	+0.0046%	1h	226.36	+0.031%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	226.26	−0.014%	$2.1M	$3.2M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.20	−0.040%	$146.9M	$43.2M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.07	−0.097%	$391K	$245K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.11	−0.080%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.09	−0.088%	$1.6M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0064%	1h	226.44	+0.066%	$5.1M	$6.8M	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.31	+0.009%	$1.3M	$9.1M	10x	as long as short
Aster NVDAUSDT	+0.0080%	8h	226.28	−0.006%	$481K	$530K	20x	as long as short
Nado NVDA-PERP	+0.0082%	1h	226.12	−0.075%	$480K	$223K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.18	−0.048%	$297K	$48K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.14	−0.066%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.21	−0.035%	$36K	$20K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.12	−0.075%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0105%	8h	226.43	+0.061%	$3.5M	$2.3M	—	as long as short
KuCoin NVDAUSDTM	+0.0114%	8h	226.35	+0.027%	$1.6M	$874K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.22	−0.033%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0136%	1h	226.29	long leg	$1.3M	$697K	10x
Binance NVDAUSDT	+0.0164%	8h	226.30	+0.006%	$155.3M	$220.1M	50x	as long as short
Phoenix NVDA	+0.0177%	1h	226.34	+0.022%	$93K	$83K	20x	as long as short
Extended NVDA_24_5-USD	+0.0200%	1h	226.20	−0.040%	$644K	$879K	10x	as long as short
edgeX NVDAUSDC	+0.0214%	4h	226.36	+0.029%	$171K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.72	+0.190%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0285%	8h	226.28	−0.004%	$715K	$196K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0393%	8h	226.35	+0.027%	$22K	$424K	10x	as long as short