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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h −0.019%
Price spread now: Polymarket Perps against Extended+0.070%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.015%+$2 · spread now +0.070%, 7d avg +0.021%
Together, before fees−0.001%+ Points / potential airdropExtended: Active · farm board$0 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Polymarket Perps is 0.049% dearer against Extended than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.021%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NVDA_24_5-USD227.320.0032pay 0.0004% / 1h46m 58s$613K$939K10x
ShortPolymarket Perps NVDA-USD227.480.0050get 0.0006% / 1h46m 58s$392K$237K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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
$3.78
Price spread: +0.070% → +0.021%
$4.94
Slippage, 4 orders
−$9.58
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$13.86
Costs to cover
0.226%
Break-even
32.7 days
Slippage from Extended: live order book, 64 min ago; Polymarket Perps: live order book, 63 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 Extended live order book, 64 min ago0.22 bp3.8 bp −$424.4 bp −$244doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 63 min ago2.21 bp6.2 bp −$69.0 bp −$90doesn't fitdoesn't fit

NVDA on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP−0.1600%1h225.99−0.586%$35K20xas long as short
Bybit NVDAUSDT0.0000%8h227.54+0.096%$12.7M$16.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.57+0.110%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.50+0.079%$7.2M$9.2M100xas long as short
Bitget NVDAUSDT0.0000%8h227.63+0.136%$15.7M$16.1M100xas long as short
SunX NVDA-USDT0.0000%8h227.11−0.093%$2K$3.4M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.41+0.039%$16K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h227.51+0.083%$199K$400K30xas long as short
Phemex NVDAUSDT0.0000%4h227.53+0.092%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.47+0.067%$118K$52K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NVDA+0.0032%1h227.51+0.083%$2.1M$3.1M20xas long as short
Extended NVDA_24_5-USDlong+0.0032%1h227.32long leg$613K$939K10x
GRVT NVDA_USDT_Perp+0.0035%8h227.60+0.123%$20K$430K10xas long as short
Aster NVDAUSDT+0.0039%8h227.55+0.101%$484K$565K20xas long as short
QFEX NVDA-USD+0.0044%1h227.48+0.070%$1.3M$9.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.70+0.167%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.43+0.048%$149.0M$45.9M20xas long as short
Polymarket Perps NVDA-USDshort+0.0050%1h227.48+0.070%$392K$237K10x
SoDEX NVDA-USD+0.0050%1h227.45+0.057%$59K$16K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.28−0.018%$1.5M$2.0M15xas long as short
Nado NVDA-PERP+0.0092%1h227.40+0.035%$478K$210K20xas long as short
Lighter RH NVDA+0.0096%1h227.67+0.154%$5.1M$7.1M20xas long as short
Pacifica NVDA+0.0100%1h227.34+0.008%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.36+0.017%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.50+0.079%$36K$19K20xas long as short
Variational Omni NVDA+0.0116%8h227.53+0.091%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0120%1h227.51+0.082%10xas long as short
KuCoin NVDAUSDTM+0.0132%8h227.52+0.088%$1.6M$1.3M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.45−0.383%$1.3M$657K10xas long as short
Phoenix NVDA+0.0141%1h227.50+0.079%$94K$82K20xas long as short
Binance NVDAUSDT+0.0171%8h227.54+0.096%$156.1M$225.1M50xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.74+0.184%$73K$13630xas long as short
BloFin NVDA-USDT+0.0290%8h227.58+0.114%$729K$201K20xas long as short
Arcus NVDA-USD+0.0320%1h227.43+0.048%$384K$704K20xas long as short
edgeX NVDAUSDC+0.0913%4h227.49+0.073%$171K$1.9M20xas long as short