NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0149%/8h= +16.3% APRnext payment +$0.19 per $10,000 · paid last 24h +0.034%

Price spread now: Lighter against Aftermath Perps+0.088%7-day average +0.053% · 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−$28as in the Price arb table

costs, in and out, $10k−$320.317% of the position

Long on Aftermath Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.155%+$15 on $10k

Price spread, last 3 days (all we have)+0.002%$0 · spread now +0.088%, 7d avg +0.053%

Together, before fees+0.157%+ Points / potential airdropLighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.035% dearer against Aftermath Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.053%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	227.28	0.0011	pay 0.0001% / 1h	32m 07s	$118K	$55K	10x
Short	Lighter NVDA	227.49	0.0160	get 0.0020% / 1h	32m 07s	$2.1M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath 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 Aftermath PerpsbpFee LighterbpOrdersPrice spread, now +0.088%Rate

Funding earned: $31.31
Price spread: +0.088% → +0.053%: $3.53
Slippage, 4 orders: −$22.66
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: $3.18
Costs to cover: 0.317%
Break-even: 6.3 days

Slippage from Aftermath Perps: live order book, 52 min ago; Lighter: 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 Aftermath Perps live order book, 52 min ago	9.12 bp	15.6 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.02 bp	0.0 bp $0	0.6 bp −$6	6.6 bp −$658	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
Hotstuff NVDA-PERP	−0.0008%	1h	227.31	+0.011%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.49	+0.090%	$474K	$578K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.45	+0.073%	$12.7M	$15.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.47	+0.081%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.41	+0.055%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.43	+0.063%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.46	+0.079%	$20K	$441K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.05	−0.103%	$2K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.41	+0.055%	$202K	$522K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.51	+0.099%	$2.2M	$41K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance NVDAUSDT	+0.0004%	8h	227.49	+0.090%	$156.2M	$220.8M	50x	as long as short
Aftermath Perps NVDAUSDlong	+0.0011%	1h	227.28	long leg	$118K	$55K	10x
Bitget NVDAUSDT	+0.0020%	8h	227.52	+0.103%	$15.6M	$17.9M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.26	−0.009%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.45	+0.073%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.53	+0.108%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.31	+0.011%	$147.3M	$49.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.36	+0.033%	$401K	$290K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.32	+0.015%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	+0.007%	$1.6M	$2.1M	15x	as long as short
BloFin NVDA-USDT	+0.0058%	8h	227.48	+0.086%	$714K	$205K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.25	−0.015%	$93K	$112K	20x	as long as short
edgeX NVDAUSDC	+0.0074%	4h	227.49	+0.089%	$170K	$1.9M	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.48	+0.085%	—	—	10x	as long as short
Nado NVDA-PERP	+0.0080%	1h	227.31	+0.011%	$484K	$227K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.121%	$1.3M	$888K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.32	+0.015%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.45	+0.073%	$1.6M	$754K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.30	+0.007%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.45	+0.073%	$36K	$22K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.60	+0.139%	$4.9M	$7.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0146%	1h	227.41	+0.055%	$49K	$1.5M	10x	as long as short
Lighter NVDAshort	+0.0160%	1h	227.49	+0.088%	$2.1M	$3.2M	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.61	+0.143%	$73K	$136	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.36	+0.033%	$388K	$709K	20x	as long as short