Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.010%

Price spread now: Polymarket Perps against Bitget−0.018%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$260.259% of the position

Long on Bitget Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.060%−$6 on $10k

Price spread, last 7 days−0.077%−$8 · spread now −0.018%, 7d avg −0.091%

Together, before fees−0.137%−$14 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.073% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.091%. Mind the row above: over the last 7 days funding on this pair cost −0.060%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NVDAUSDT	227.08	0	get 0.0000% / 8h	3h 24m	$15.4M	$16.4M	100x
Short	Polymarket Perps NVDA-USD	227.04	0.0050	get 0.0006% / 1h	24m 15s	$400K	$276K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bitget. 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 BitgetbpFee Polymarket PerpsbpOrdersPrice spread, now −0.018%Rate

Funding earned: $10.5
Price spread: −0.018% → −0.091%: $7.3
Slippage, 4 orders: −$5.94
Fee Bitget: 6 bp × 2 orders: −$12
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$8.14
Costs to cover: 0.259%
Break-even: 12.4 days

Slippage from Bitget: live order book, 4 min ago; Polymarket Perps: live order book, 28 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 Bitget live order book, 4 min ago	0.22 bp	6.9 bp −$7	9.9 bp −$99	28.9 bp −$2,886	doesn't fit
Sell Polymarket Perps live order book, 28 min ago	0.44 bp	7.1 bp −$7	8.6 bp −$86	9.5 bp −$951	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
Bybit NVDAUSDT	0.0000%	8h	227.02	−0.026%	$12.6M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.03	−0.022%	$14.3M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.00	−0.035%	$7.3M	$9.7M	100x	as long as short
Bitget NVDAUSDTlong	0.0000%	8h	227.08	long leg	$15.4M	$16.4M	100x
GRVT NVDA_USDT_Perp	0.0000%	8h	227.27	+0.082%	$20K	$394K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.68	−0.176%	$2K	$3.7M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.95	−0.057%	$49K	$1.7M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.26	+0.079%	$197K	$462K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.27	+0.084%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0011%	8h	227.09	+0.004%	$482K	$569K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.07	−0.004%	$118K	$53K	10x	as long as short
Lighter NVDA	+0.0032%	1h	227.02	−0.028%	$2.1M	$3.3M	20x	as long as short
Variational Omni NVDA	+0.0037%	8h	227.11	+0.015%	$3.6M	$2.2M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.08	0.000%	$398K	$738K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.04	−0.018%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.20	+0.053%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.91	−0.075%	$147.5M	$43.3M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	227.04	−0.018%	$400K	$276K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.94	−0.062%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.03	−0.022%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0053%	1h	227.01	−0.029%	$483K	$227K	20x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.93	−0.066%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0097%	8h	227.06	−0.009%	$155.6M	$216.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.02	−0.024%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.10	+0.009%	$1.6M	$728K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.07	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.99	−0.040%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.04	−0.019%	—	—	10x	as long as short
Lighter RH NVDA	+0.0128%	1h	227.18	+0.044%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.11	+0.013%	$1.3M	$782K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.02	−0.026%	$93K	$112K	20x	as long as short
Extended NVDA_24_5-USD	+0.0176%	1h	226.89	−0.081%	$672K	$780K	10x	as long as short
BloFin NVDA-USDT	+0.0218%	8h	227.15	+0.031%	$718K	$201K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.52	+0.194%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0414%	4h	227.23	+0.066%	$170K	$1.9M	20x	as long as short