Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0028%/8h= +3.0% APRpaid last 24h +0.004%

Price spread now: Aster against Polymarket Perps+0.015%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$21as in the Funding arb table

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

costs, in and out, $10k−$240.242% of the position

Long on Polymarket Perps Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.035%+$3 on $10k

Price spread, last 4 days (all we have)+0.067%+$7 · spread now +0.015%, 7d avg +0.038%

Together, before fees+0.102%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.024% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.015% now, against its 7-day average of +0.038%). If the spread goes back, that is −$2 on $10k: about 2.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	226.76	0.0050	pay 0.0006% / 1h	41m 56s	$392K	$240K	10x
Short	Aster NVDAUSDT	226.79	0.0078	get 0.0078% / 8h	6h 41m	$484K	$543K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster 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 AsterbpOrdersPrice spread, now +0.015%Rate

Funding earned: $5.82
Price spread: +0.015% → +0.038%: −$2.37
Slippage, 4 orders: −$8.25
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$20.8
Costs to cover: 0.242%
Break-even: 32.0 days

Slippage from Polymarket Perps: live order book, 8 min ago; Aster: live order book, 8 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, 8 min ago	2.21 bp	7.8 bp −$8	9.0 bp −$90	doesn't fit	doesn't fit
Sell Aster live order book, 8 min ago	1.10 bp	5.1 bp −$5	9.8 bp −$98	225.1 bp −$22.5K	doesn't fit

NVDA on 35 exchanges

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	226.76	0.000%	$12.6M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.82	+0.026%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.65	−0.049%	$7.2M	$9.4M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.80	+0.018%	$15.6M	$16.0M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.44	−0.141%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.56	−0.088%	$40K	$2.0M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.72	−0.018%	$198K	$406K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.87	+0.049%	$2.2M	$41K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0011%	8h	226.64	−0.051%	$21K	$433K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.56	−0.087%	$117K	$51K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	226.59	−0.077%	$639K	$901K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.96	+0.088%	—	$74K	25x	as long as short
QFEX NVDA-USD	+0.0047%	1h	226.78	+0.009%	$1.3M	$9.1M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.65	−0.049%	$147.6M	$45.3M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	226.76	long leg	$392K	$240K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.64	−0.053%	$59K	$17K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.59	−0.075%	$1.6M	$1.9M	15x	as long as short
Lighter NVDA	+0.0064%	1h	226.72	−0.019%	$2.1M	$3.2M	20x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	226.73	−0.013%	$35K	—	20x	as long as short
Aster NVDAUSDTshort	+0.0078%	8h	226.79	+0.015%	$484K	$543K	20x
Pacifica NVDA	+0.0100%	1h	226.70	−0.027%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.47	−0.128%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.73	−0.013%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	226.63	−0.057%	$93K	$83K	20x	as long as short
Variational Omni NVDA	+0.0107%	8h	226.69	−0.032%	$3.3M	$2.5M	—	as long as short
Nado NVDA-PERP	+0.0110%	1h	226.74	−0.009%	$482K	$221K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.79	+0.011%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0124%	8h	226.80	+0.018%	$1.6M	$1.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.64	−0.053%	$1.3M	$673K	10x	as long as short
Binance NVDAUSDT	+0.0164%	8h	226.78	+0.009%	$155.5M	$223.8M	50x	as long as short
Lighter RH NVDA	+0.0168%	1h	226.89	+0.057%	$5.1M	$6.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.03	+0.119%	$73K	$136	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.79	+0.013%	$392K	$741K	20x	as long as short
BloFin NVDA-USDT	+0.0283%	8h	226.85	+0.040%	$724K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0391%	4h	226.70	−0.027%	$171K	$1.9M	20x	as long as short