Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0031%/8h= +3.4% APRnext payment +$0.04 per $10,000 · paid last 24h +0.029%
Price spread now: Nado against Polymarket Perps−0.037%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.013%−$1 on $10k
Price spread, last 4 days (all we have)−0.005%$0 · spread now −0.037%, 7d avg +0.022%
Together, before fees−0.017%+ Points / potential airdropNado: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.058% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.022%). If the spread goes back, that is −$6 on $10k: about 6.3 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NVDA-USD227.600.0050pay 0.0006% / 1h4m 48s$402K$277K10x
ShortNado NVDA-PERP227.520.0081get 0.0010% / 1h4m 48s$483K$229K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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

Funding earned
$6.53
Price spread: −0.037% → +0.022%
−$5.84
Slippage, 4 orders
−$21.17
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$35.48
Costs to cover
0.362%
Break-even
45.1 days
Slippage from Polymarket Perps: live order book, 63 min ago; Nado: live order book, 63 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 63 min ago2.19 bp6.6 bp −$77.7 bp −$778.8 bp −$880doesn't fit
Sell Nado live order book, 63 min ago1.32 bp12.3 bp −$1220.9 bp −$209doesn't fitdoesn't fit

NVDA on 34 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT0.0000%8h227.67+0.031%$483K$590K20xas long as short
Bybit NVDAUSDT0.0000%8h227.63+0.013%$12.7M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.65+0.022%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.57−0.013%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.69+0.040%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.73+0.057%$20K$389K10xas long as short
SunX NVDA-USDT0.0000%8h227.15−0.198%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.84+0.105%$198K$483K30xas long as short
Phemex NVDAUSDT0.0000%4h227.78+0.079%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.600.000%$118K$54K10xas long as short
Show all 34 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0021%8h227.73+0.055%$3.5M$2.1Mas long as short
Hotstuff NVDA-PERP+0.0024%1h227.59−0.004%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h227.71+0.048%$404K$708K20xas long as short
QFEX NVDA-USD+0.0045%1h227.67+0.031%$1.4M$9.8M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.78+0.079%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.53−0.031%$148.1M$44.3M20xas long as short
Polymarket Perps NVDA-USDlong+0.0050%1h227.60long leg$402K$277K10x
SoDEX NVDA-USD+0.0050%1h227.50−0.044%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.49−0.048%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.062%$1.3M$776K10xas long as short
Nado NVDA-PERPshort+0.0081%1h227.52−0.037%$483K$229K20x
Binance NVDAUSDT+0.0083%8h227.67+0.031%$156.3M$215.6M50xas long as short
Pacifica NVDA+0.0100%1h227.51−0.039%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.59−0.004%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.63+0.013%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.64+0.019%10xas long as short
Phoenix NVDA+0.0105%1h227.600.000%$94K$112K20xas long as short
Lighter NVDA+0.0120%1h227.64+0.018%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0127%8h227.69+0.040%$1.6M$732K20xas long as short
Lighter RH NVDA+0.0136%1h227.77+0.075%$5.1M$7.1M20xas long as short
Extended NVDA_24_5-USD+0.0160%1h227.50−0.042%$689K$714K10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0190%1h227.600.000%$49K$1.5M10xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.04+0.193%$73K$13930xas long as short
edgeX NVDAUSDC+0.0440%4h227.73+0.056%$170K$1.9M20xas long as short