NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0010%/8h= +1.1% APRnext payment +$0.01 per $10,000 · paid last 24h −0.004%

Price spread now: QFEX against Polymarket Perps+0.048%7-day average +0.029% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

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

Long on Polymarket Perps Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.032%−$3 on $10k

Price spread, last 7 days−0.037%−$4 · spread now +0.048%, 7d avg +0.029%

Together, before fees−0.068%−$7 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.029%, so right now this pair is about funding alone: $0 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	227.38	0.0050	pay 0.0006% / 1h	39m 53s	$401K	$289K	10x
Short	QFEX NVDA-USD	227.49	0.0060	get 0.0008% / 1h	39m 53s	$1.6M	$11.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now +0.048%Rate

Funding earned: $2.13
Price spread: +0.048% → +0.029%: $1.94
Slippage, 4 orders: −$7.91
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$21.83
Costs to cover: 0.259%
Break-even: 78.6 days

Slippage from Polymarket Perps: live order book, 37 min ago; QFEX: live order book, 4 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, 37 min ago	2.42 bp	6.4 bp −$6	8.0 bp −$80	9.3 bp −$931	doesn't fit
Sell QFEX live order book, 4 min ago	1.32 bp	6.3 bp −$6	7.2 bp −$72	10.4 bp −$1,042	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	227.42	+0.018%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.50	+0.053%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.47	+0.040%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.41	+0.013%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.50	+0.051%	$3.6M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.56	+0.079%	$20K	$416K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.99	−0.172%	$3K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	+0.044%	$198K	$523K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	+0.106%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0030%	1h	227.45	+0.032%	$118K	$55K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget NVDAUSDT	+0.0045%	8h	227.52	+0.062%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.56	+0.079%	—	$74K	25x	as long as short
Binance NVDAUSDT	+0.0046%	8h	227.52	+0.059%	$156.3M	$220.1M	50x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.38	0.000%	$147.5M	$48.6M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	227.38	long leg	$401K	$289K	10x
SoDEX NVDA-USD	+0.0050%	1h	227.38	0.000%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.40	+0.009%	$1.6M	$2.1M	15x	as long as short
Extended NVDA_24_5-USD	+0.0056%	1h	227.32	−0.024%	$536K	$446K	10x	as long as short
QFEX NVDA-USDshort	+0.0060%	1h	227.49	+0.048%	$1.6M	$11.4M	10x
Nado NVDA-PERP	+0.0083%	1h	227.36	−0.011%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0096%	1h	227.49	+0.050%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.163%	$1.3M	$861K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.36	−0.009%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.51	+0.057%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.38	0.000%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	+0.053%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.47	+0.040%	$94K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.35	−0.013%	$400K	$724K	20x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	227.37	−0.004%	$35K	—	20x	as long as short
BloFin NVDA-USDT	+0.0166%	8h	227.49	+0.048%	$713K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.72	+0.150%	$73K	$136	30x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0234%	1h	227.45	+0.031%	$49K	$1.4M	10x	as long as short
Lighter RH NVDA	+0.0240%	1h	227.67	+0.128%	$5.1M	$7.2M	20x	as long as short
Lighter NVDA	+0.0248%	1h	227.54	+0.070%	$2.1M	$3.3M	20x	as long as short
edgeX NVDAUSDC	+0.0643%	4h	227.53	+0.065%	$170K	$1.9M	20x	as long as short