Funding you earn now, next payment 08:00 UTC−0.0084%/8h= −9.2% APRnext payment −$0.11 per $10,000 · paid last 24h −0.040%
Price spread now: Hotstuff against Polymarket Perps−0.044%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Hotstuff is 0.044% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NVDA-USD | 226.37 | 0.0100 | pay 0.0013% / 1h | 41m 26s | $391K | $247K | 10x |
| Short | Hotstuff NVDA-PERP | 226.27 | 0.0016 | get 0.0002% / 1h | 41m 26s | $35K | — | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Hotstuff 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
- −$17.66
- Price spread: −0.044% → 0.000%
- −$4.42
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Net
- −$35.07
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 61 min ago; Hotstuff: no order-book sample. Net counts fees only.
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, 61 min ago | 2.65 bp | 6.7 bp −$7 | 7.3 bp −$73 | 8.5 bp −$848 | doesn't fit |
| Sell Hotstuff no order-book sample | — | — | — | — | — |
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 226.42 | +0.022% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.41 | +0.018% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.37 | 0.000% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.49 | +0.053% | $15.8M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.00 | −0.163% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.39 | +0.009% | $198K | $446K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.63 | +0.115% | $2.2M | $42K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0015% | 8h | 226.35 | −0.009% | $22K | $428K | 10x | as long as short |
| Hotstuff NVDA-PERPshort | +0.0016% | 1h | 226.27 | −0.044% | $35K | — | 20x | |
| Aftermath Perps NVDAUSD | +0.0019% | 1h | 226.14 | −0.102% | $117K | $51K | 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 | +0.0033% | 8h | 226.38 | +0.006% | $482K | $530K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.31 | −0.027% | $392K | $740K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.44 | +0.031% | — | $74K | 25x | as long as short |
| Variational Omni NVDA | +0.0049% | 8h | 226.37 | 0.000% | $3.5M | $2.3M | — | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.28 | −0.040% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.24 | −0.057% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.41 | +0.018% | $1.3M | $9.0M | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0099% | 1h | 226.28 | −0.040% | $147.0M | $43.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.25 | −0.053% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.35 | −0.009% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.10 | −0.119% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | +0.009% | $36K | $21K | 20x | as long as short |
| Polymarket Perps NVDA-USDlong | +0.0100% | 1h | 226.37 | long leg | $391K | $247K | 10x | |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.42 | +0.022% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0119% | 8h | 226.43 | +0.027% | $154.5M | $218.3M | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.124% | $1.3M | $699K | 10x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.33 | −0.018% | $93K | $83K | 20x | as long as short |
| Nado NVDA-PERP | +0.0183% | 1h | 226.20 | −0.075% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0184% | 1h | 226.36 | −0.006% | $2.1M | $3.2M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.00 | +0.278% | $73K | $137 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.49 | +0.053% | $5.1M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0236% | 8h | 226.43 | +0.027% | $713K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 226.18 | −0.086% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0457% | 1h | 226.34 | −0.013% | $53K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0547% | 4h | 226.38 | +0.002% | $170K | $1.9M | 20x | as long as short |
Polymarket Perps NVDA-USD
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
GRVT NVDA_USDT_Perp
Aftermath Perps NVDAUSD
Aster NVDAUSDT
Variational Omni NVDA
SoDEX NVDA-USD
tradeXYZ xyz:NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Binance NVDAUSDT
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Lighter NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC