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: Coinbase International against Polymarket Perps+0.057%47s7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$300.304% of the position

Long on Polymarket Perps Short on Coinbase International

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)−0.124%−$12 · spread now +0.057%, 7d avg −0.027%

Together, before fees−0.027%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Coinbase International is 0.085% dearer against Polymarket Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.027%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	226.16	0.0050	pay 0.0006% / 1h	52m 29s	$391K	$245K	10x
Short	Coinbase International NVDA-PERP-INTX	226.29	0.0136	get 0.0017% / 1h	52m 29s	$1.3M	$696K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 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 Polymarket PerpsbpFee Coinbase InternationalbpOrdersPrice spread, now +0.057%Rate

Funding earned: $18.06
Price spread: +0.057% → −0.027%: $8.46
Slippage, 4 orders: −$12.44
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$3.92
Costs to cover: 0.304%
Break-even: 8.5 days

Slippage from Polymarket Perps: live order book, 45 min ago; Coinbase International: live order book, 1 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, 45 min ago	2.21 bp	7.1 bp −$7	7.3 bp −$73	8.5 bp −$854	doesn't fit
Sell Coinbase International live order book, 1 min ago	2.65 bp	8.4 bp −$8	10.6 bp −$106	doesn't fit	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	226.29	+0.057%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.36	+0.088%	$14.1M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.27	+0.049%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.38	+0.097%	$15.8M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.00	−0.071%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.29	+0.057%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.49	+0.146%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.55	+0.172%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.19	+0.012%	$117K	$51K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.25	+0.040%	$392K	$736K	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	226.44	+0.124%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	226.25	+0.038%	$2.1M	$3.2M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.18	+0.009%	$146.9M	$43.2M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	226.16	long leg	$391K	$245K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.21	+0.022%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.15	−0.004%	$1.6M	$1.9M	15x	as long as short
Lighter RH NVDA	+0.0056%	1h	226.45	+0.128%	$5.1M	$6.9M	20x	as long as short
Nado NVDA-PERP	+0.0065%	1h	226.17	+0.003%	$480K	$223K	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.33	+0.075%	$1.3M	$9.1M	10x	as long as short
Aster NVDAUSDT	+0.0079%	8h	226.33	+0.076%	$482K	$538K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.16	0.000%	$297K	$48K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.12	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.34	+0.080%	$36K	$20K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.12	−0.018%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0105%	8h	226.43	+0.118%	$3.5M	$2.3M	—	as long as short
KuCoin NVDAUSDTM	+0.0112%	8h	226.35	+0.084%	$1.6M	$882K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.36	+0.090%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0136%	1h	226.29	+0.057%	$1.3M	$696K	10x
Binance NVDAUSDT	+0.0165%	8h	226.35	+0.084%	$155.3M	$220.2M	50x	as long as short
Extended NVDA_24_5-USD	+0.0184%	1h	226.20	+0.018%	$644K	$879K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0206%	8h	226.28	+0.053%	$21K	$425K	10x	as long as short
Phoenix NVDA	+0.0212%	1h	226.25	+0.040%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.72	+0.248%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0284%	8h	226.34	+0.080%	$711K	$196K	20x	as long as short
edgeX NVDAUSDC	+0.0803%	4h	226.31	+0.066%	$171K	$1.9M	20x	as long as short