NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h −0.030%

Price spread now: Polymarket Perps against Deribit+0.009%7-day average −0.008% · 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−$26as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on Deribit Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)−0.099%−$10 on $10k

Price spread, last 4 days (all we have)+0.013%+$1 · spread now +0.009%, 7d avg −0.008%

Together, before fees−0.087%−$9 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 5 days funding on this pair cost −0.099%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Deribit NVDA_USDC-PERPETUAL	226.84	0	get 0.0000% / 1h	48m 17s	$52K	$1.7M	10x
Short	Polymarket Perps NVDA-USD	226.86	0.0050	get 0.0006% / 1h	48m 17s	$399K	$277K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Deribit. 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 DeribitbpFee Polymarket PerpsbpOrdersPrice spread, now +0.009%Rate

Funding earned: $10.5
Price spread: +0.009% → −0.008%: $1.68
Slippage, 4 orders: −$12.28
Fee Deribit: 3.5 bp × 2 orders: −$7
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$15.1
Costs to cover: 0.273%
Break-even: 17.1 days

Slippage from Deribit: 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 Deribit live order book, 6 min ago	3.97 bp	7.9 bp −$8	8.7 bp −$87	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	0.44 bp	7.1 bp −$7	8.6 bp −$86	9.5 bp −$951	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	226.87	+0.014%	$483K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.88	+0.018%	$12.5M	$14.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.90	+0.026%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.88	+0.018%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.94	+0.044%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.94	+0.043%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.61	−0.101%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUALlong	0.0000%	1h	226.84	long leg	$52K	$1.7M	10x
HTX NVDA-USDT	0.0000%	8h	227.01	+0.075%	$198K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.95	+0.048%	$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	+0.0007%	1h	226.72	−0.052%	$118K	$52K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.94	+0.042%	$3.6M	$2.1M	—	as long as short
Lighter NVDA	+0.0032%	1h	226.89	+0.021%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.84	0.000%	$398K	$729K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.89	+0.022%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.03	+0.084%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.77	−0.031%	$147.3M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.86	+0.009%	$399K	$277K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.80	−0.018%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.75	−0.040%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0052%	1h	226.81	−0.013%	$482K	$226K	20x	as long as short
edgeX NVDAUSDC	+0.0063%	4h	226.87	+0.014%	$170K	$1.9M	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.95	+0.048%	$155.2M	$217.2M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.79	−0.023%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.91	+0.031%	$1.6M	$734K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.81	−0.013%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.89	+0.022%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	227.05	+0.093%	$5.1M	$7.1M	20x	as long as short
Hotstuff NVDA-PERP	+0.0104%	1h	226.79	−0.022%	$35K	—	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.90	+0.028%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.86	+0.009%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.63	−0.093%	$1.3M	$781K	10x	as long as short
BloFin NVDA-USDT	+0.0201%	8h	227.00	+0.071%	$718K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.12	+0.123%	$73K	$136	30x	as long as short
Extended NVDA_24_5-USD	+0.0256%	1h	226.75	−0.042%	$668K	$767K	10x	as long as short