Funding you earn now, next payment 08:00 UTC−0.0026%/8h= −2.8% APRnext payment −$0.03 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps−0.062%7-day average −0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.062%, 7d avg −0.038%
=Together, before fees+0.016%+ Points / potential airdropOndo Perps: Active · farm board+$2 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 Ondo Perps is 0.024% 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 −0.038%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps NVDA-USD | 226.32 | 0.0076 | pay 0.0010% / 1h | 2m 43s | $391K | $247K | 10x |
| Short | Ondo Perps NVDA-USD.P | 226.18 | 0.0050 | get 0.0006% / 1h | 2m 43s | $1.6M | $1.9M | 15x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$5.46
- Price spread: −0.062% → −0.038%
- −$2.4
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$20.86
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 35 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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, 35 min ago | 2.21 bp | 7.1 bp −$7 | 7.3 bp −$73 | 8.5 bp −$854 | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.42 | +0.044% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.41 | +0.040% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.39 | +0.031% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.49 | +0.075% | $15.9M | $16.6M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.093% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | +0.062% | $198K | $439K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.62 | +0.133% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 226.10 | −0.095% | $117K | $51K | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0016% | 1h | 226.29 | −0.013% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.33 | +0.004% | $392K | $738K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.42 | +0.044% | — | $74K | 25x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0047% | 8h | 226.30 | −0.010% | $21K | $421K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.29 | −0.013% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.Pshort | +0.0050% | 1h | 226.18 | −0.062% | $1.6M | $1.9M | 15x | |
| QFEX NVDA-USD | +0.0064% | 1h | 226.39 | +0.031% | $1.3M | $9.0M | 10x | as long as short |
| Aster NVDAUSDT | +0.0070% | 8h | 226.37 | +0.022% | $482K | $530K | 20x | as long as short |
| Polymarket Perps NVDA-USDlong | +0.0076% | 1h | 226.32 | long leg | $391K | $247K | 10x | |
| Variational Omni NVDA | +0.0089% | 8h | 226.34 | +0.011% | $3.5M | $2.3M | — | as long as short |
| tradeXYZ xyz:NVDA | +0.0095% | 1h | 226.28 | −0.018% | $146.9M | $43.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.25 | −0.031% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.02 | −0.133% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | +0.031% | $36K | $21K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0107% | 8h | 226.40 | +0.035% | $1.6M | $844K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.43 | +0.050% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.102% | $1.3M | $695K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0150% | 4h | 226.30 | −0.010% | $170K | $1.9M | 20x | as long as short |
| Binance NVDAUSDT | +0.0155% | 8h | 226.42 | +0.044% | $155.4M | $219.4M | 50x | as long as short |
| Nado NVDA-PERP | +0.0174% | 1h | 226.20 | −0.051% | $480K | $223K | 20x | as long as short |
| Lighter NVDA | +0.0176% | 1h | 226.37 | +0.022% | $2.1M | $3.3M | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.33 | +0.004% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.097% | $73K | $140 | 30x | as long as short |
| Lighter RH NVDA | +0.0232% | 1h | 226.51 | +0.084% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0272% | 8h | 226.44 | +0.053% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0368% | 1h | 226.20 | −0.053% | $646K | $878K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0413% | 1h | 226.35 | +0.013% | $53K | $1.9M | 10x | as long as short |
Polymarket Perps NVDA-USD
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
SoDEX NVDA-USD
Aster NVDAUSDT
Variational Omni NVDA
tradeXYZ xyz:NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
edgeX NVDAUSDC
Binance NVDAUSDT
Lighter NVDA
Phoenix NVDA
Injective NVDA/USDC PERP
Lighter RH NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL