NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against QFEX−0.013%7-day average −0.028% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$260.265% of the position

Long on QFEX Short on Polymarket Perps

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−0.024%−$2 · spread now −0.013%, 7d avg −0.028%

Together, before fees+0.007%+$1 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.028%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NVDA-USD	226.39	0.0064	pay 0.0008% / 1h	38m 02s	$1.3M	$9.0M	10x
Short	Polymarket Perps NVDA-USD	226.36	0.0099	get 0.0012% / 1h	38m 02s	$391K	$247K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.013%Rate

Funding earned: $7.26
Price spread: −0.013% → −0.028%: $1.51
Slippage, 4 orders: −$8.47
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$17.71
Costs to cover: 0.265%
Break-even: 24.1 days

Slippage from QFEX: live order book, 6 min ago; Polymarket Perps: live order book, 64 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 QFEX live order book, 6 min ago	1.55 bp	6.5 bp −$7	8.2 bp −$82	12.9 bp −$1,288	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	2.65 bp	6.7 bp −$7	7.7 bp −$77	9.2 bp −$921	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
Bybit NVDAUSDT	0.0000%	8h	226.35	−0.018%	$12.4M	$14.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.36	−0.013%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.32	−0.031%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.44	+0.022%	$15.8M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.00	−0.172%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.39	0.000%	$198K	$445K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.61	+0.097%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0018%	1h	226.15	−0.107%	$117K	$51K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0020%	8h	226.43	+0.016%	$22K	$428K	10x	as long as short
Aster NVDAUSDT	+0.0036%	8h	226.37	−0.010%	$482K	$530K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.31	−0.035%	$392K	$740K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.45	+0.027%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.26	−0.057%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.24	−0.066%	$1.6M	$1.9M	15x	as long as short
Variational Omni NVDA	+0.0057%	8h	226.39	0.000%	$3.5M	$2.3M	—	as long as short
QFEX NVDA-USDlong	+0.0064%	1h	226.39	long leg	$1.3M	$9.0M	10x
tradeXYZ xyz:NVDA	+0.0096%	1h	226.24	−0.066%	$147.0M	$43.1M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0099%	1h	226.36	−0.013%	$391K	$247K	10x
Pacifica NVDA	+0.0100%	1h	226.25	−0.062%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.38	−0.004%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.088%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.37	−0.009%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.40	+0.004%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.133%	$1.3M	$699K	10x	as long as short
Binance NVDAUSDT	+0.0121%	8h	226.35	−0.017%	$154.4M	$218.4M	50x	as long as short
Phoenix NVDA	+0.0177%	1h	226.33	−0.027%	$93K	$83K	20x	as long as short
Nado NVDA-PERP	+0.0180%	1h	226.25	−0.062%	$481K	$223K	20x	as long as short
Lighter NVDA	+0.0184%	1h	226.33	−0.025%	$2.1M	$3.2M	20x	as long as short
Hotstuff NVDA-PERP	+0.0200%	1h	226.30	−0.040%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.00	+0.269%	$73K	$137	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.30	−0.040%	$53K	$1.8M	10x	as long as short
Lighter RH NVDA	+0.0240%	1h	226.49	+0.044%	$5.1M	$6.9M	20x	as long as short
BloFin NVDA-USDT	+0.0241%	8h	226.39	0.000%	$710K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	226.18	−0.093%	$644K	$875K	10x	as long as short
edgeX NVDAUSDC	+0.0879%	4h	226.41	+0.008%	$170K	$1.9M	20x	as long as short