Funding you earn now, next payment 10:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.026%
Price spread now: Arcus against Polymarket Perps−0.026%7-day average −0.045% · 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−$26as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 5 days (all we have)+0.059%+$6 on $10k
+Price spread, last 5 days (all we have)−0.165%−$17 · spread now −0.026%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: $0 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.059%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NVDA-USD | 229.12 | 0.0050 | pay 0.0006% / 1h | 7m 08s | $478K | $298K | 10x |
| Short | Arcus NVDA-USD | 229.06 | 0.0040 | get 0.0005% / 1h | 7m 08s | $363K | $233K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Polymarket Perps. 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: −0.026% → −0.045%
- $1.86
- Slippage, 4 orders
- −$15.19
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$27.87
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 53 min ago; Arcus: live order book, 54 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 Polymarket Perps live order book, 53 min ago | 2.18 bp | 7.0 bp −$7 | 7.4 bp −$74 | 8.9 bp −$891 | doesn't fit |
| Sell Arcus live order book, 54 min ago | 0.44 bp | 6.8 bp −$7 | 7.0 bp −$70 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX NVDAUSDC | −0.0541% | 4h | 229.29 | +0.076% | $144K | $1.6M | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 229.21 | +0.041% | $499K | $231K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 229.20 | +0.035% | $12.6M | $16.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 229.20 | +0.035% | $14.6M | $21.6M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 229.11 | −0.004% | $7.1M | $6.2M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 229.16 | +0.017% | $15.7M | $11.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 229.22 | +0.043% | $3.2M | $1.8M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 229.28 | +0.070% | $21K | $407K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 228.65 | −0.205% | $2K | $946K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 229.09 | −0.013% | $44K | $191K | 10x | as long as short |
Show all 35 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NVDA-USDT | 0.0000% | 8h | 229.12 | 0.000% | $197K | $30K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 229.25 | +0.057% | $2.2M | $46K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0023% | 1h | 229.12 | +0.001% | $119K | $46K | 10x | as long as short |
| QFEX NVDA-USD | +0.0036% | 1h | 229.19 | +0.031% | $1.4M | $7.6M | 10x | as long as short |
| Arcus NVDA-USDshort | +0.0040% | 1h | 229.06 | −0.026% | $363K | $233K | 20x | |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 229.14 | +0.009% | — | $71K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 229.10 | −0.009% | $144.6M | $33.1M | 20x | as long as short |
| Polymarket Perps NVDA-USDlong | +0.0050% | 1h | 229.12 | long leg | $478K | $298K | 10x | |
| SoDEX NVDA-USD | +0.0050% | 1h | 229.06 | −0.026% | $58K | $22K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 228.94 | −0.079% | $1.6M | $953K | 15x | as long as short |
| Binance NVDAUSDT | +0.0052% | 8h | 229.19 | +0.031% | $153.2M | $168.7M | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0064% | 1h | 229.07 | −0.022% | $1.3M | $694K | 10x | as long as short |
| Lighter RH NVDA | +0.0088% | 1h | 229.32 | +0.087% | $5.0M | $5.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0096% | 1h | 229.05 | −0.029% | $478K | $45K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0096% | 1h | 229.16 | +0.018% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 229.03 | −0.040% | $208K | $318K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 229.21 | +0.039% | $1.4M | $5.1M | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 229.09 | −0.013% | $16K | $56K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 229.13 | +0.004% | $36K | $7K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0112% | 1h | 229.07 | −0.022% | $35K | — | 20x | as long as short |
| Lighter NVDA | +0.0136% | 1h | 229.21 | +0.039% | $2.1M | $1.7M | 20x | as long as short |
| Phoenix NVDA | +0.0140% | 1h | 229.14 | +0.009% | $48K | $97K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0173% | 8h | 229.18 | +0.026% | $784K | $137K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0192% | 1h | 229.04 | −0.035% | $604K | $563K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 229.94 | +0.358% | $74K | $101K | 30x | as long as short |
Polymarket Perps NVDA-USD
edgeX NVDAUSDC
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Binance NVDAUSDT
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Lighter NVDA
Phoenix NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP