Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h +0.034%
Price spread now: Deribit against Polymarket Perps+0.022%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−$28as in the Price arb table
costs, in and out, $10k−$300.295% of the position
Funding, last 5 days (all we have)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now +0.022%, 7d avg +0.008%
=The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair paid +0.107%, 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 | 226.16 | 0.0050 | pay 0.0006% / 1h | 52m 08s | $391K | $245K | 10x |
| Short | Deribit NVDA_USDC-PERPETUAL | 226.21 | 0 | get 0.0000% / 1h | 52m 08s | $53K | $1.9M | 10x |
Polymarket Perps NVDA-USD
Deribit NVDA_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- −$10.5
- Price spread: +0.022% → +0.008%
- $1.45
- Slippage, 4 orders
- −$14.55
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$38.6
- Costs to cover
- 0.295%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 45 min ago; Deribit: live order book, 2 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 Deribit live order book, 2 min ago | 4.42 bp | 7.9 bp −$8 | 9.2 bp −$92 | 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 | 226.27 | +0.049% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.27 | +0.049% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.19 | +0.013% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.30 | +0.062% | $15.8M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.97 | −0.084% | $3K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUALshort | 0.0000% | 1h | 226.21 | +0.022% | $53K | $1.9M | 10x | |
| HTX NVDA-USDT | 0.0000% | 8h | 226.50 | +0.150% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.46 | +0.133% | $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 |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Arcus NVDA-USDShow 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 | 226.20 | +0.016% | $2.1M | $3.2M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.16 | 0.000% | $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 | 226.15 | −0.004% | $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 | 226.36 | +0.088% | $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 | 226.31 | +0.065% | $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 | 226.27 | +0.049% | $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 | 226.31 | +0.066% | $1.6M | $882K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.29 | +0.059% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | +0.057% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.33 | +0.074% | $155.3M | $220.2M | 50x | as long as short |
| Extended NVDA_24_5-USD | +0.0168% | 1h | 226.16 | +0.002% | $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 |
Vest NVDA-USD-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Lighter RH NVDA
Nado NVDA-PERP
QFEX NVDA-USD
Aster NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Hotstuff NVDA-PERP
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Extended NVDA_24_5-USD
GRVT NVDA_USDT_Perp
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC