Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Polymarket Perps against SoDEX+0.049%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.049% dearer against SoDEX than usual: you sell high and buy low, +$5 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX NVDA-USD	226.31	0.0050	pay 0.0006% / 1h	24m 03s	$59K	$19K	10x
Short	Polymarket Perps NVDA-USD	226.42	0.0050	get 0.0006% / 1h	24m 03s	$398K	$278K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against SoDEX. 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 SoDEXbpFee Polymarket PerpsbpOrdersPrice spread, now +0.049%Rate

Funding earned: $0
Price spread: +0.049% → 0.000%: $4.86
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$11.14
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Polymarket Perps: live order book, 23 min ago. Net counts fees only.

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 SoDEX no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 23 min ago	2.42 bp	6.4 bp −$6	7.0 bp −$70	9.2 bp −$918	doesn't fit

SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Hotstuff NVDA-PERP	−0.0064%	1h	226.32	+0.004%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.46	+0.065%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.46	+0.066%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.47	+0.071%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.43	+0.053%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.51	+0.088%	$15.2M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.46	+0.065%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.20	−0.049%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.106%	$198K	$459K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.56	+0.110%	$2.2M	$43K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0004%	8h	226.34	+0.012%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.34	+0.013%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0040%	1h	226.47	+0.070%	$2.1M	$3.4M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.32	+0.004%	$397K	$728K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.43	+0.053%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.52	+0.093%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.35	+0.018%	$147.0M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USDshort	+0.0050%	1h	226.42	+0.049%	$398K	$278K	10x
SoDEX NVDA-USDlong	+0.0050%	1h	226.31	long leg	$59K	$19K	10x
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.19	−0.053%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0078%	1h	226.32	+0.005%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0080%	8h	226.48	+0.075%	$154.4M	$218.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.32	+0.005%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.46	+0.066%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.44	+0.057%	$36K	$21K	20x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.62	+0.137%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.46	+0.068%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.018%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.009%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.39	+0.035%	$52K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.053%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.177%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0336%	1h	226.23	−0.035%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	0.000%	$170K	$1.9M	20x	as long as short