Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: HTX against Polymarket Perps+0.044%46s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as 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−$330.333% of the position
Funding, last 7 days−0.109%−$11 on $10k
+Price spread, last 4 days (all we have)−0.024%−$2 · spread now +0.044%, 7d avg +0.021%
=The price spread pays, funding is against you. HTX is 0.024% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.044% now, against its 7-day average of +0.021%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 38 hours. The two prices were read 46 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 | 226.45 | 0.0050 | pay 0.0006% / 1h | 30m 32s | $399K | $277K | 10x |
| Short | HTX NVDA-USDT | 226.55 | 0 | get 0.0000% / 8h | 2h 30m | $198K | $460K | 30x |
Polymarket Perps NVDA-USD
HTX NVDA-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: +0.044% → +0.021%
- $2.36
- Slippage, 4 orders
- −$13.27
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$41.41
- Costs to cover
- 0.333%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 17 min ago; HTX: live order book, 18 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, 17 min ago | 2.42 bp | 7.3 bp −$7 | 7.6 bp −$76 | 8.7 bp −$873 | doesn't fit |
| Sell HTX live order book, 18 min ago | 0.66 bp | 11.3 bp −$11 | 11.9 bp −$119 | 37.2 bp −$3,723 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.55 | +0.046% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.49 | +0.018% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.47 | +0.009% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.46 | +0.004% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.52 | +0.031% | $15.3M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.50 | +0.022% | $21K | $410K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.13 | −0.141% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDTshort | 0.0000% | 8h | 226.55 | +0.044% | $198K | $460K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.68 | +0.102% | $2.2M | $43K | 10x | as long as short |
| Variational Omni NVDA | +0.0004% | 8h | 226.39 | −0.027% | $3.6M | $2.1M | — | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDAShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0008% | 1h | 226.30 | −0.066% | $35K | — | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0010% | 1h | 226.35 | −0.044% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.47 | +0.010% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.42 | −0.013% | $397K | $728K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.49 | +0.018% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.56 | +0.049% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.37 | −0.035% | $147.1M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USDlong | +0.0050% | 1h | 226.45 | long leg | $399K | $277K | 10x | |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.26 | −0.084% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.24 | −0.093% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0075% | 1h | 226.37 | −0.035% | $481K | $226K | 20x | as long as short |
| Binance NVDAUSDT | +0.0079% | 8h | 226.53 | +0.035% | $154.8M | $218.1M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.39 | −0.028% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.56 | +0.049% | $1.6M | $736K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.33 | −0.053% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.36 | −0.040% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDA | +0.0104% | 1h | 226.62 | +0.075% | $5.1M | $7.1M | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.40 | −0.020% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.40 | −0.022% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.38 | −0.031% | $1.3M | $781K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.34 | −0.049% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0198% | 8h | 226.45 | 0.000% | $719K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.11 | +0.291% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0304% | 1h | 226.27 | −0.077% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0809% | 4h | 226.45 | +0.002% | $170K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Aftermath Perps NVDAUSD
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Lighter RH NVDA
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC