NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0046%/8h= +5.0% APRnext payment +$0.06 per $10,000 · paid last 24h +0.024%

Price spread now: Coinbase International against Polymarket Perps−0.163%7-day average −0.020% · you buy dearer than you sell

Net, funding: paid 7d − costs−$20as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$300.301% of the position

Long on Polymarket Perps Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days+0.099%+$10 on $10k

Price spread, last 3 days (all we have)+0.100%+$10 · spread now −0.163%, 7d avg −0.020%

Together, before fees+0.199%+$20 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.142% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.020%). If the spread goes back, that is −$14 on $10k: about 10 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	227.38	0.0050	pay 0.0006% / 1h	38m 38s	$401K	$289K	10x
Short	Coinbase International NVDA-PERP-INTX	227.01	0.0096	get 0.0012% / 1h	38m 38s	$1.3M	$861K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.163%Rate

Funding earned: $9.66
Price spread: −0.163% → −0.020%: −$14.25
Slippage, 4 orders: −$12.07
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$34.65
Costs to cover: 0.301%
Break-even: 32.1 days

Slippage from Polymarket Perps: live order book, 39 min ago; Coinbase International: live order book, 5 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, 39 min ago	2.42 bp	6.4 bp −$6	8.0 bp −$80	9.3 bp −$931	doesn't fit
Sell Coinbase International live order book, 5 min ago	2.42 bp	8.2 bp −$8	10.6 bp −$106	doesn't fit	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	227.42	+0.018%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.48	+0.044%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	+0.031%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.39	+0.004%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.50	+0.051%	$3.6M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.53	+0.066%	$20K	$416K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.01	−0.163%	$3K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.044%	$198K	$523K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	+0.106%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0030%	1h	227.45	+0.031%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff NVDA-PERP	+0.0032%	1h	227.38	0.000%	$35K	—	20x	as long as short
Bitget NVDAUSDT	+0.0044%	8h	227.48	+0.044%	$15.5M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.58	+0.088%	—	$74K	25x	as long as short
Binance NVDAUSDT	+0.0046%	8h	227.50	+0.052%	$156.3M	$220.1M	50x	as long as short
Extended NVDA_24_5-USD	+0.0048%	1h	227.33	−0.023%	$536K	$446K	10x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.34	−0.018%	$147.4M	$48.3M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.38	long leg	$401K	$289K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.38	0.000%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.32	−0.026%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.51	+0.057%	$1.6M	$11.4M	10x	as long as short
Nado NVDA-PERP	+0.0081%	1h	227.36	−0.008%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.50	+0.055%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0096%	1h	227.01	−0.163%	$1.3M	$861K	10x
Pacifica NVDA	+0.0100%	1h	227.32	−0.026%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.51	+0.057%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.38	0.000%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	+0.053%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.38	0.000%	$93K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.33	−0.022%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0166%	8h	227.49	+0.048%	$716K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.72	+0.150%	$73K	$136	30x	as long as short
Lighter RH NVDA	+0.0240%	1h	227.62	+0.106%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0248%	1h	227.51	+0.058%	$2.1M	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0322%	1h	227.48	+0.044%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0349%	4h	227.49	+0.047%	$170K	$1.9M	20x	as long as short