NVDA

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: Extended against Polymarket Perps−0.043%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$240.238% of the position

Long on Polymarket Perps Short on Extended

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)−0.042%−$4 · spread now −0.043%, 7d avg −0.021%

Together, before fees−0.026%+ Points / potential airdropExtended: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	227.62	0.0050	pay 0.0006% / 1h	3m 56s	$392K	$212K	10x
Short	Extended NVDA_24_5-USD	227.52	0.0032	get 0.0004% / 1h	3m 56s	$610K	$930K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.043%Rate

Funding earned: −$3.78
Price spread: −0.043% → −0.021%: −$2.25
Slippage, 4 orders: −$10.85
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$29.88
Costs to cover: 0.238%
Break-even: never at this rate

Slippage from Polymarket Perps: live order book, 42 min ago; Extended: live order book, 42 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, 42 min ago	2.20 bp	6.6 bp −$7	7.9 bp −$79	19.9 bp −$1,995	doesn't fit
Sell Extended live order book, 42 min ago	0.44 bp	7.0 bp −$7	21.5 bp −$215	doesn't fit	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
Hotstuff NVDA-PERP	−0.1600%	1h	227.50	−0.053%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.68	+0.026%	$12.7M	$16.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.69	+0.031%	$14.5M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.65	+0.013%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.72	+0.044%	$15.7M	$15.8M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.25	−0.163%	$2K	$3.3M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.55	−0.031%	$16K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.51	−0.048%	$199K	$399K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.73	+0.048%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	227.47	−0.068%	$117K	$52K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	227.63	+0.007%	$2.1M	$3.2M	20x	as long as short
Extended NVDA_24_5-USDshort	+0.0032%	1h	227.52	−0.043%	$610K	$930K	10x
QFEX NVDA-USD	+0.0044%	1h	227.58	−0.018%	$1.4M	$9.0M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.84	+0.097%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.57	−0.022%	$149.4M	$45.9M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.62	long leg	$392K	$212K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.57	−0.022%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.49	−0.057%	$1.5M	$2.0M	15x	as long as short
Aster NVDAUSDT	+0.0054%	8h	227.62	0.000%	$484K	$565K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0079%	8h	227.64	+0.009%	$20K	$418K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.56	−0.027%	$479K	$208K	20x	as long as short
Lighter RH NVDA	+0.0088%	1h	227.81	+0.083%	$5.3M	$7.2M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.50	−0.053%	$299K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.53	−0.040%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.63	+0.004%	$36K	$19K	20x	as long as short
Aevo NVDA-PERP	+0.0128%	1h	227.64	+0.009%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	227.41	−0.092%	$1.3M	$672K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.59	−0.013%	$94K	$82K	20x	as long as short
Variational Omni NVDA	+0.0144%	8h	227.62	+0.002%	$3.3M	$2.4M	—	as long as short
KuCoin NVDAUSDTM	+0.0155%	8h	227.68	+0.026%	$1.6M	$1.5M	20x	as long as short
Binance NVDAUSDT	+0.0190%	8h	227.69	+0.029%	$155.8M	$224.9M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.74	+0.053%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0249%	4h	227.64	+0.007%	$171K	$1.9M	20x	as long as short
BloFin NVDA-USDT	+0.0312%	8h	227.69	+0.031%	$736K	$202K	20x	as long as short
Arcus NVDA-USD	+0.0320%	1h	227.61	−0.004%	$385K	$719K	20x	as long as short