Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.029%

Price spread now: KuCoin against Polymarket Perps+0.057%7-day average +0.074% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$780.778% of the position

Long on Polymarket Perps Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.218%+$22 on $10k

Price spread, last 7 days+0.003%$0 · spread now +0.057%, 7d avg +0.074%

Together, before fees+0.221%+$22 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.074%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	227.73	0.0050	pay 0.0006% / 1h	22m 48s	$402K	$289K	10x
Short	KuCoin NVDAUSDTM	227.86	0.0130	get 0.0130% / 8h	7h 22m	$1.6M	$740K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now +0.057%Rate

Funding earned: $16.8
Price spread: +0.057% → +0.074%: −$1.66
Slippage, 4 orders: −$57.78
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$62.64
Costs to cover: 0.778%
Break-even: 33.1 days

Slippage from Polymarket Perps: live order book, 49 min ago; KuCoin: live order book, 3 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, 49 min ago	0.88 bp	6.6 bp −$7	6.6 bp −$66	8.4 bp −$839	doesn't fit
Sell KuCoin live order book, 3 min ago	1.75 bp	17.2 bp −$17	doesn't fit	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	227.67	−0.028%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.83	+0.044%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.83	+0.044%	$14.4M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.75	+0.009%	$7.2M	$9.7M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.86	+0.056%	$3.5M	$1.9M	—	as long as short
SunX NVDA-USDT	0.0000%	8h	227.37	−0.158%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.87	+0.061%	$198K	$510K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.86	+0.057%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.78	+0.021%	$118K	$55K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.68	−0.024%	$524K	$474K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	227.65	−0.035%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.73	0.000%	$1.6M	$11.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.86	+0.057%	—	$74K	25x	as long as short
Bitget NVDAUSDT	+0.0046%	8h	227.86	+0.057%	$15.5M	$16.9M	100x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.68	−0.022%	$147.9M	$46.0M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.73	long leg	$402K	$289K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.63	−0.044%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.63	−0.044%	$1.6M	$2.1M	15x	as long as short
Binance NVDAUSDT	+0.0057%	8h	227.85	+0.054%	$156.5M	$217.6M	50x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.119%	$1.3M	$800K	10x	as long as short
Nado NVDA-PERP	+0.0081%	1h	227.65	−0.035%	$484K	$229K	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0092%	8h	227.86	+0.057%	$20K	$387K	10x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.76	+0.013%	—	—	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.61	−0.051%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.73	0.000%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.78	+0.022%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.73	0.000%	$49K	$1.4M	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.81	+0.035%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTMshort	+0.0130%	8h	227.86	+0.057%	$1.6M	$740K	20x
Lighter NVDA	+0.0144%	1h	227.85	+0.054%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.98	+0.110%	$5.1M	$7.1M	20x	as long as short
BloFin NVDA-USDT	+0.0176%	8h	227.82	+0.040%	$718K	$205K	20x	as long as short
edgeX NVDAUSDC	+0.0181%	4h	227.87	+0.060%	$170K	$1.9M	20x	as long as short
Hotstuff NVDA-PERP	+0.0192%	1h	227.53	−0.088%	$35K	—	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.22	+0.215%	$73K	$138	30x	as long as short