NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: QFEX against Polymarket Perps+0.013%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$27as in the Price arb table

costs, in and out, $10k−$250.250% of the position

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.032%−$3 on $10k

Price spread, last 7 days+0.008%+$1 · spread now +0.013%, 7d avg +0.029%

Together, before fees−0.024%−$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	226.86	0.0050	pay 0.0006% / 1h	52m 47s	$399K	$277K	10x
Short	QFEX NVDA-USD	226.89	0.0042	get 0.0005% / 1h	52m 47s	$1.3M	$9.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$1.76
Price spread: +0.013% → +0.029%: −$1.56
Slippage, 4 orders: −$7.01
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$28.34
Costs to cover: 0.250%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 59 min ago; QFEX: live order book, 6 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, 59 min ago	0.44 bp	4.9 bp −$5	5.8 bp −$58	7.1 bp −$711	doesn't fit
Sell QFEX live order book, 6 min ago	1.54 bp	6.5 bp −$7	6.5 bp −$65	11.5 bp −$1,152	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	226.90	+0.017%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.94	+0.035%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.96	+0.044%	$14.3M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.87	+0.004%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.96	+0.044%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.86	0.000%	$21K	$406K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.58	−0.123%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.85	−0.004%	$51K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.94	+0.035%	$198K	$463K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.89	+0.013%	$2.2M	$43K	10x	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	+0.0008%	1h	226.66	−0.086%	$117K	$53K	10x	as long as short
Variational Omni NVDA	+0.0013%	8h	226.84	−0.011%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.94	+0.034%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.75	−0.048%	$398K	$732K	20x	as long as short
QFEX NVDA-USDshort	+0.0042%	1h	226.89	+0.013%	$1.3M	$9.1M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	227.01	+0.066%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.83	−0.013%	$147.4M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	226.86	long leg	$399K	$277K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.75	−0.048%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.57	−0.128%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0059%	1h	226.80	−0.026%	$482K	$226K	20x	as long as short
Binance NVDAUSDT	+0.0082%	8h	226.97	+0.050%	$155.3M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.83	−0.013%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.85	−0.004%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.70	−0.071%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.90	+0.018%	$36K	$21K	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.74	−0.053%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.89	+0.014%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.74	−0.053%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0120%	1h	227.10	+0.106%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.101%	$1.3M	$782K	10x	as long as short
BloFin NVDA-USDT	+0.0203%	8h	226.96	+0.044%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.115%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0240%	1h	226.77	−0.037%	$668K	$767K	10x	as long as short
edgeX NVDAUSDC	+0.0853%	4h	226.81	−0.024%	$170K	$1.9M	20x	as long as short