Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0688%/8h= +75.4% APRpaid last 24h +0.100%

Price spread now: edgeX against Polymarket Perps+0.051%64s7-day average +0.034% · you sell dearer than you buy

Net, funding: paid 7d − costs+$53as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

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

Long on Polymarket Perps Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.836%+$84 on $10k

Price spread, last 7 days−0.016%−$2 · spread now +0.051%, 7d avg +0.034%

Together, before fees+0.819%+ Points / potential airdropedgeX: Active · farm board+$82 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: +$21 a day on $10k at the current rate. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	226.61	0.0050	pay 0.0006% / 1h	3m 56s	$398K	$278K	10x
Short	edgeX NVDAUSDC	226.73	0.0738	get 0.0369% / 4h	2h 03m	$170K	$1.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.051%Rate

Funding earned: $144.53
Price spread: +0.051% → +0.034%: $1.69
Slippage, 4 orders: −$13.15
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: $116.08
Costs to cover: 0.301%
Break-even: 1.4 days

Slippage from Polymarket Perps: live order book, 43 min ago; edgeX: 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, 43 min ago	2.42 bp	7.3 bp −$7	7.6 bp −$76	8.7 bp −$873	doesn't fit
Sell edgeX live order book, 5 min ago	3.31 bp	8.2 bp −$8	13.3 bp −$133	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	226.59	−0.007%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.63	+0.009%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.66	+0.022%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.63	+0.009%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.67	+0.026%	$15.3M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.82	+0.093%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.48	−0.057%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.71	+0.044%	$198K	$456K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.77	+0.071%	$2.2M	$42K	10x	as long as short
Variational Omni NVDA	+0.0009%	8h	226.76	+0.064%	$3.6M	$2.1M	—	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	+0.0010%	1h	226.56	−0.022%	$117K	$52K	10x	as long as short
Hotstuff NVDA-PERP	+0.0032%	1h	226.58	−0.013%	$35K	—	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.66	+0.022%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.62	+0.004%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.81	+0.088%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.51	−0.044%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	226.61	long leg	$398K	$278K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.52	−0.040%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.56	−0.022%	$1.6M	$2.0M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0059%	1h	226.59	−0.009%	$53K	$1.8M	10x	as long as short
Lighter NVDA	+0.0072%	1h	226.60	−0.004%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.65	+0.020%	$154.5M	$219.1M	50x	as long as short
Nado NVDA-PERP	+0.0085%	1h	226.56	−0.020%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.53	−0.033%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.70	+0.040%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.63	+0.009%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.61	0.000%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.65	+0.016%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.65	+0.018%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0112%	1h	226.75	+0.062%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.141%	$1.3M	$789K	10x	as long as short
BloFin NVDA-USDT	+0.0202%	8h	226.73	+0.053%	$710K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.95	+0.150%	$73K	$140	30x	as long as short
Extended NVDA_24_5-USD	+0.0376%	1h	226.50	−0.051%	$668K	$766K	10x	as long as short
edgeX NVDAUSDCshort	+0.0738%	4h	226.73	+0.051%	$170K	$1.9M	20x