Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.003%
Price spread now: Polymarket Perps against tradeXYZ+0.058%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$330.325% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now +0.058%, 7d avg +0.011%
=Together, before fees−0.093%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.046% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.058% now, against its 7-day average of +0.011%): +$5 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 13 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NVDA | 226.06 | 0.0084 | pay 0.0010% / 1h | 55m 35s | $146.9M | $43.4M | 20x |
| Short | Polymarket Perps NVDA-USD | 226.19 | 0.0072 | get 0.0009% / 1h | 55m 35s | $391K | $247K | 10x |
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- −$2.54
- Price spread: +0.058% → +0.011%
- $4.62
- Slippage, 4 orders
- −$6.55
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$30.47
- Costs to cover
- 0.325%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 4 min ago; Polymarket Perps: live order book, 47 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 tradeXYZ live order book, 4 min ago | 0.44 bp | 9.7 bp −$10 | 11.0 bp −$110 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 47 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 | 226.19 | +0.058% | $12.4M | $14.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.17 | +0.049% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.17 | +0.049% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.27 | +0.093% | $15.8M | $16.6M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.28 | +0.096% | $21K | $423K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.84 | −0.097% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.42 | +0.159% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.39 | +0.146% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0019% | 1h | 226.15 | +0.039% | $117K | $51K | 10x | as long as short |
| Aster NVDAUSDT | +0.0020% | 8h | 226.19 | +0.059% | $481K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.25 | +0.084% | $399K | $732K | 20x | as long as short |
| Variational Omni NVDA | +0.0041% | 8h | 226.25 | +0.085% | $3.5M | $2.3M | — | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.27 | +0.093% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.08 | +0.009% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.13 | +0.031% | $1.6M | $1.9M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.18 | +0.053% | $35K | — | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.19 | +0.058% | $1.3M | $9.1M | 10x | as long as short |
| Polymarket Perps NVDA-USDshort | +0.0072% | 1h | 226.19 | +0.058% | $391K | $247K | 10x | |
| tradeXYZ xyz:NVDAlong | +0.0084% | 1h | 226.06 | long leg | $146.9M | $43.4M | 20x | |
| Pacifica NVDA | +0.0100% | 1h | 226.04 | −0.009% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.21 | +0.066% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | +0.066% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.20 | +0.062% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.24 | +0.078% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.30 | +0.106% | $93K | $83K | 20x | as long as short |
| Binance NVDAUSDT | +0.0106% | 8h | 226.22 | +0.071% | $154.2M | $218.2M | 50x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.29 | +0.102% | $1.3M | $697K | 10x | as long as short |
| Lighter NVDA | +0.0144% | 1h | 226.16 | +0.044% | $2.1M | $3.2M | 20x | as long as short |
| Nado NVDA-PERP | +0.0161% | 1h | 226.03 | −0.011% | $480K | $223K | 20x | as long as short |
| Lighter RH NVDA | +0.0216% | 1h | 226.29 | +0.102% | $5.1M | $6.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.58 | +0.230% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0224% | 8h | 226.42 | +0.159% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0352% | 1h | 225.94 | −0.053% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.16 | +0.044% | $53K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0454% | 4h | 226.25 | +0.082% | $170K | $1.9M | 20x | as long as short |
Arcus NVDA-USD
Variational Omni NVDA
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
QFEX NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Binance NVDAUSDT
Coinbase International NVDA-PERP-INTX
Lighter NVDA
Nado NVDA-PERP
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC