NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0262%/8h= +28.7% APRnext payment +$0.33 per $10,000 · paid last 24h −0.004%

Price spread now: Extended against Polymarket Perps−0.103%7-day average −0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$240.243% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.002%$0 on $10k

Price spread, last 4 days (all we have)+0.293%+$29 · spread now −0.103%, 7d avg −0.017%

Together, before fees+0.291%+ Points / potential airdropExtended: Active · farm board+$29 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.086% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.103% now, against its 7-day average of −0.017%). If the spread goes back, that is −$9 on $10k: about 26 hours of funding at the current rate (+$8 a day).

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.33 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	227.66	0.0050	pay 0.0006% / 1h	35m 49s	$402K	$277K	10x
Short	Extended NVDA_24_5-USD	227.43	0.0312	get 0.0039% / 1h	35m 49s	$689K	$716K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.103%Rate

Funding earned: $55.02
Price spread: −0.103% → −0.017%: −$8.62
Slippage, 4 orders: −$11.29
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $22.11
Costs to cover: 0.243%
Break-even: 4.2 days

Slippage from Polymarket Perps: live order book, 27 min ago; Extended: live order book, 27 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, 27 min ago	3.08 bp	7.1 bp −$7	7.1 bp −$71	8.0 bp −$803	doesn't fit
Sell Extended live order book, 27 min ago	0.44 bp	4.1 bp −$4	28.3 bp −$283	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	227.66	0.000%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.65	−0.004%	$14.4M	$20.2M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.59	−0.031%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.62	−0.018%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.76	+0.044%	$15.5M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.72	+0.026%	$20K	$384K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.25	−0.180%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.76	+0.044%	$198K	$479K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.81	+0.066%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0007%	8h	227.71	+0.023%	$484K	$590K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.53	−0.055%	$118K	$54K	10x	as long as short
Variational Omni NVDA	+0.0034%	8h	227.71	+0.022%	$3.5M	$2.1M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.72	+0.026%	$406K	$710K	20x	as long as short
QFEX NVDA-USD	+0.0044%	1h	227.72	+0.026%	$1.4M	$9.6M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.78	+0.053%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.54	−0.053%	$148.0M	$44.2M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.66	long leg	$402K	$277K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.57	−0.040%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.54	−0.053%	$1.6M	$2.0M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.088%	$1.3M	$776K	10x	as long as short
Binance NVDAUSDT	+0.0091%	8h	227.68	+0.009%	$156.2M	$215.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.54	−0.053%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.56	−0.044%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.66	0.000%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.70	+0.019%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.63	−0.013%	$94K	$112K	20x	as long as short
Nado NVDA-PERP	+0.0118%	1h	227.57	−0.041%	$484K	$228K	20x	as long as short
KuCoin NVDAUSDTM	+0.0132%	8h	227.72	+0.026%	$1.6M	$723K	20x	as long as short
Lighter NVDA	+0.0176%	1h	227.68	+0.009%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0208%	1h	227.80	+0.061%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0210%	8h	227.78	+0.053%	$722K	$202K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.99	+0.145%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USDshort	+0.0312%	1h	227.43	−0.103%	$689K	$716K	10x
Deribit NVDA_USDC-PERPETUAL	+0.0409%	1h	227.65	−0.004%	$49K	$1.6M	10x	as long as short
edgeX NVDAUSDC	+0.0993%	4h	227.68	+0.010%	$170K	$1.9M	20x	as long as short