Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.100%

Price spread now: edgeX against Polymarket Perps+0.051%64s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs+$55as 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−$280.282% of the position

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.836%+$84 on $10k

Price spread, last 7 days−0.041%−$4 · spread now +0.051%, 7d avg +0.034%

Together, before fees+0.794%+ Points / potential airdropedgeX: Active · farm board+$79 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 64 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	227.39	0.0050	pay 0.0006% / 1h	50m 35s	$401K	$276K	10x
Short	edgeX NVDAUSDC	227.50	0.0174	get 0.0087% / 4h	3h 50m	$171K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $26.09
Price spread: +0.051% → +0.034%: $1.69
Slippage, 4 orders: −$11.24
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$0.47
Costs to cover: 0.282%
Break-even: 7.1 days

Slippage from Polymarket Perps: live order book, 2 min ago; edgeX: live order book, 3 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, 2 min ago	0.44 bp	4.9 bp −$5	5.8 bp −$58	7.1 bp −$711	doesn't fit
Sell edgeX live order book, 3 min ago	3.30 bp	8.2 bp −$8	13.6 bp −$136	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.35	−0.018%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.40	+0.004%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.39	0.000%	$14.4M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.37	−0.009%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.45	+0.026%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.53	+0.062%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.09	−0.132%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.71	+0.141%	$198K	$465K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.56	+0.075%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.39	0.000%	$118K	$53K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0019%	8h	227.39	−0.001%	$483K	$590K	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.43	+0.018%	$399K	$741K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.38	−0.004%	$1.3M	$9.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.062%	—	$74K	25x	as long as short
Lighter NVDA	+0.0048%	1h	227.39	−0.001%	$2.2M	$3.3M	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.26	−0.057%	$147.7M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.39	long leg	$401K	$276K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.35	−0.018%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.21	−0.079%	$1.6M	$2.0M	15x	as long as short
Variational Omni NVDA	+0.0052%	8h	227.47	+0.033%	$3.6M	$2.2M	—	as long as short
Nado NVDA-PERP	+0.0057%	1h	227.30	−0.038%	$484K	$228K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.29	−0.042%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.41	+0.009%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.42	+0.013%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.42	+0.013%	$49K	$1.7M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.48	+0.039%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0105%	8h	227.43	+0.017%	$156.0M	$215.8M	50x	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	227.41	+0.009%	$1.6M	$724K	20x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.53	+0.062%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.062%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	+0.031%	$94K	$112K	20x	as long as short
edgeX NVDAUSDCshort	+0.0174%	4h	227.50	+0.051%	$171K	$1.9M	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.83	+0.194%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0226%	8h	227.52	+0.057%	$720K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0232%	1h	227.24	−0.068%	$675K	$776K	10x	as long as short