NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.034%

Price spread now: Polymarket Perps against Deribit+0.031%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$270.267% of the position

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.113%−$11 on $10k

Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.031%, 7d avg −0.008%

Together, before fees−0.074%−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.039% dearer against Deribit than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.008%. Mind the row above: over the last 5 days funding on this pair cost −0.113%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	226.40	0	get 0.0000% / 1h	20m 14s	$37K	$1.9M	10x
Short	Polymarket Perps NVDA-USD	226.47	0.0050	get 0.0006% / 1h	20m 14s	$391K	$240K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.031%Rate

Funding earned: $10.5
Price spread: +0.031% → −0.008%: $3.86
Slippage, 4 orders: −$11.65
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$12.3
Costs to cover: 0.267%
Break-even: 15.2 days

Slippage from Deribit: live order book, 2 min ago; Polymarket Perps: live order book, 30 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 Deribit live order book, 2 min ago	0.22 bp	8.9 bp −$9	11.2 bp −$112	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 30 min ago	2.21 bp	6.2 bp −$6	9.0 bp −$90	doesn't fit	doesn't fit

NVDA on 35 exchanges

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	226.56	+0.071%	$12.7M	$15.5M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.57	+0.075%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.47	+0.031%	$7.2M	$9.5M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.61	+0.093%	$15.6M	$15.9M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.08	−0.141%	$2K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.0000%	1h	226.40	long leg	$37K	$1.9M	10x
HTX NVDA-USDT	0.0000%	8h	226.63	+0.102%	$198K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.68	+0.124%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	226.49	+0.040%	$117K	$51K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.41	+0.004%	$619K	$924K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0040%	8h	226.64	+0.106%	$21K	$430K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.69	+0.128%	—	$74K	25x	as long as short
QFEX NVDA-USD	+0.0047%	1h	226.52	+0.053%	$1.3M	$9.0M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.45	+0.022%	$147.7M	$45.0M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.47	+0.031%	$391K	$240K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.43	+0.013%	$59K	$17K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.30	−0.044%	$1.6M	$1.9M	15x	as long as short
Hotstuff NVDA-PERP	+0.0056%	1h	226.43	+0.013%	$35K	—	20x	as long as short
Aster NVDAUSDT	+0.0078%	8h	226.58	+0.080%	$484K	$565K	20x	as long as short
Lighter NVDA	+0.0080%	1h	226.51	+0.050%	$2.1M	$3.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.37	−0.013%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.55	+0.066%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.56	+0.071%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	226.57	+0.075%	$93K	$83K	20x	as long as short
Nado NVDA-PERP	+0.0113%	1h	226.43	+0.013%	$478K	$209K	20x	as long as short
Variational Omni NVDA	+0.0114%	8h	226.54	+0.061%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.53	+0.057%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.45	+0.022%	$1.3M	$665K	10x	as long as short
KuCoin NVDAUSDTM	+0.0131%	8h	226.60	+0.088%	$1.6M	$1.2M	20x	as long as short
Binance NVDAUSDT	+0.0166%	8h	226.57	+0.075%	$155.3M	$223.4M	50x	as long as short
Lighter RH NVDA	+0.0176%	1h	226.69	+0.128%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.08	+0.300%	$73K	$138	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.51	+0.049%	$383K	$703K	20x	as long as short
edgeX NVDAUSDC	+0.0268%	4h	226.70	+0.134%	$170K	$1.9M	20x	as long as short
BloFin NVDA-USDT	+0.0287%	8h	226.60	+0.088%	$726K	$202K	20x	as long as short