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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.008%
Price spread now: Pacifica against Polymarket Perps−0.047%48s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$260.260% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 4 days (all we have)+0.058%+$6 · spread now −0.047%, 7d avg −0.016%
Together, before fees+0.128%+ Points / potential airdropPacifica: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. Pacifica is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of −0.016%). If the spread goes back, that is −$3 on $10k: about 2.1 days of funding at the current rate (+$2 a day). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps NVDA-USD227.090.0050pay 0.0006% / 1h31m 47s$390K$235K10x
ShortPacifica NVDA226.980.0100get 0.0013% / 1h31m 47s$298K$60K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
$10.5
Price spread: −0.047% → −0.016%
−$3.12
Slippage, 4 orders
−$10.03
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$18.65
Costs to cover
0.260%
Break-even
19.4 days
Slippage from Polymarket Perps: live order book, 55 min ago; Pacifica: live order book, 56 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, 55 min ago1.32 bp6.6 bp −$76.9 bp −$698.5 bp −$849doesn't fit
Sell Pacifica live order book, 56 min ago1.32 bp7.4 bp −$7doesn't fitdoesn't fitdoesn't fit

NVDA on 35 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%8h227.03−0.027%$473K$550K20xas long as short
Bybit NVDAUSDT0.0000%8h227.08−0.004%$12.7M$15.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.11+0.009%$14.3M$21.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.14+0.022%$7.2M$9.4M100xas long as short
Variational Omni NVDA0.0000%8h227.07−0.010%$3.4M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.08−0.003%$21K$470K10xas long as short
SunX NVDA-USDT0.0000%8h226.82−0.119%$2K$4.0M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.11+0.009%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.25+0.070%$202K$529K30xas long as short
Phemex NVDAUSDT0.0000%4h227.14+0.022%$2.2M$41K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NVDAUSDT+0.0005%8h227.13+0.017%$156.1M$220.3M50xas long as short
Aftermath Perps NVDAUSD+0.0014%1h226.96−0.057%$118K$54K10xas long as short
Hotstuff NVDA-PERP+0.0016%1h226.99−0.044%$35K20xas long as short
BloFin NVDA-USDT+0.0018%8h227.11+0.009%$713K$205K20xas long as short
QFEX NVDA-USD+0.0030%1h227.07−0.009%$1.6M$11.3M10xas long as short
Lighter RH NVDA+0.0032%1h227.23+0.062%$4.8M$7.0M20xas long as short
Extended NVDA_24_5-USD+0.0032%1h226.99−0.045%$523K$406K10xas long as short
Nado NVDA-PERP+0.0042%1h227.01−0.035%$487K$223K20xas long as short
edgeX NVDAUSDC+0.0045%4h227.08−0.006%$170K$1.9M20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.25+0.070%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.98−0.048%$147.1M$50.2M20xas long as short
Polymarket Perps NVDA-USDlong+0.0050%1h227.09long leg$390K$235K10x
SoDEX NVDA-USD+0.0050%1h227.00−0.040%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.89−0.088%$1.6M$2.1M15xas long as short
Bitget NVDAUSDT+0.0069%8h227.17+0.035%$15.5M$18.3M100xas long as short
Phoenix NVDA+0.0070%1h226.97−0.053%$93K$112K20xas long as short
Lighter NVDA+0.0080%1h227.14+0.022%$2.1M$3.3M20xas long as short
Aevo NVDA-PERP+0.0080%1h227.14+0.023%10xas long as short
Pacifica NVDAshort+0.0100%1h226.98−0.047%$298K$60K10x
KuCoin NVDAUSDTM+0.0100%8h227.10+0.004%$1.6M$750K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.96−0.057%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.12+0.013%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.95−0.062%$1.3M$909K10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.30+0.092%$73K$13530xas long as short
Arcus NVDA-USD+0.0419%1h227.090.000%$395K$683K20xas long as short