NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against QFEX−0.009%7-day average −0.029% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$280.281% of the position

Long on QFEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.032%+$3 on $10k

Price spread, last 7 days−0.010%−$1 · spread now −0.009%, 7d avg −0.029%

Together, before fees+0.022%+$2 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX NVDA-USD	226.61	0.0042	pay 0.0005% / 1h	3m 24s	$1.3M	$9.1M	10x
Short	Polymarket Perps NVDA-USD	226.59	0.0050	get 0.0006% / 1h	3m 24s	$398K	$278K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against QFEX. 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 QFEXbpFee Polymarket PerpsbpOrdersPrice spread, now −0.009%Rate

Funding earned: $1.76
Price spread: −0.009% → −0.029%: $1.99
Slippage, 4 orders: −$10.12
Fee QFEX: 5 bp × 2 orders: −$10
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$24.36
Costs to cover: 0.281%
Break-even: 103.7 days

Slippage from QFEX: live order book, 6 min ago; Polymarket Perps: live order book, 44 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 QFEX live order book, 6 min ago	2.21 bp	7.2 bp −$7	7.2 bp −$72	12.4 bp −$1,244	doesn't fit
Sell Polymarket Perps live order book, 44 min ago	2.42 bp	6.4 bp −$6	7.0 bp −$70	9.2 bp −$918	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	−0.008%	$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	226.67	+0.026%	$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	226.69	+0.035%	$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	226.39	−0.097%	$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	226.64	+0.013%	$398K	$734K	20x	as long as short
QFEX NVDA-USDlong	+0.0042%	1h	226.61	long leg	$1.3M	$9.1M	10x
Vest NVDA-USD-PERP	+0.0046%	1h	226.75	+0.062%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.52	−0.040%	$147.2M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.59	−0.009%	$398K	$278K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.53	−0.035%	$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
Lighter NVDA	+0.0072%	1h	226.61	−0.002%	$2.1M	$3.4M	20x	as long as short
Binance NVDAUSDT	+0.0081%	8h	226.67	+0.027%	$154.5M	$219.1M	50x	as long as short
Nado NVDA-PERP	+0.0085%	1h	226.52	−0.042%	$482K	$226K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.47	−0.061%	$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	226.59	−0.009%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.63	+0.009%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.64	+0.014%	—	—	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
Deribit NVDA_USDC-PERPETUAL	+0.0236%	1h	226.58	−0.013%	$53K	$1.8M	10x	as long as short
Extended NVDA_24_5-USD	+0.0368%	1h	226.45	−0.071%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0414%	4h	226.75	+0.060%	$171K	$1.9M	20x	as long as short