Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0044%/8h= +4.8% APRnext payment +$0.06 per $10,000 · paid last 24h +0.012%
Price spread now: Lighter RH against ApeX Omni+0.101%48s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.101% dearer against ApeX Omni than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni NVDAUSDT227.520.0100pay 0.0013% / 1h16m 41s$16K$44K50x
ShortLighter RH NVDA227.750.0144get 0.0018% / 1h16m 41s$5.1M$7.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against ApeX Omni. 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

Funding earned
$9.24
Price spread: +0.101% → 0.000%
$10.11
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$9.35
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: ApeX Omni: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni no order-book sample
Sell Lighter RH live order book, 2 min ago1.32 bp1.3 bp −$14.1 bp −$4134.8 bp −$3,484doesn't fit
ApeX Omni: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h227.60+0.035%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.61+0.040%$14.4M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h227.57+0.022%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.67+0.066%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.32−0.088%$1K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.64+0.053%$198K$469K30xas long as short
Phemex NVDAUSDT0.0000%4h227.77+0.110%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h227.64+0.051%$118K$54K10xas long as short
GRVT NVDA_USDT_Perp+0.0027%8h227.68+0.072%$20K$390K10xas long as short
Aster NVDAUSDT+0.0033%8h227.66+0.061%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.59+0.031%$399K$741K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.76+0.105%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.48−0.018%$147.8M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.61+0.040%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.48−0.018%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.37−0.066%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0057%1h227.58+0.026%$1.3M$9.2M10xas long as short
Variational Omni NVDA+0.0063%8h227.74+0.098%$3.5M$2.1Mas long as short
Nado NVDA-PERP+0.0072%1h227.520.000%$484K$228K20xas long as short
Lighter NVDA+0.0080%1h227.61+0.040%$2.2M$3.3M20xas long as short
Pacifica NVDA+0.0100%1h227.50−0.009%$299K$51K10xas long as short
ApeX Omni NVDAUSDTlong+0.0100%1h227.52long leg$16K$44K50x
Orderly PERP_NVDA_USDC+0.0100%8h227.59+0.031%$36K$21K20xas long as short
Hotstuff NVDA-PERP+0.0104%1h227.48−0.018%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0104%1h227.53+0.004%$1.3M$775K10xas long as short
Aevo NVDA-PERP+0.0112%1h227.62+0.046%10xas long as short
Binance NVDAUSDT+0.0117%8h227.65+0.057%$156.2M$215.8M50xas long as short
KuCoin NVDAUSDTM+0.0132%8h227.68+0.070%$1.6M$723K20xas long as short
Phoenix NVDA+0.0141%1h227.68+0.070%$94K$112K20xas long as short
Lighter RH NVDAshort+0.0144%1h227.75+0.101%$5.1M$7.1M20x
Deribit NVDA_USDC-PERPETUAL+0.0146%1h227.54+0.009%$49K$1.6M10xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.91+0.171%$73K$13830xas long as short
BloFin NVDA-USDT+0.0238%8h227.68+0.070%$722K$201K20xas long as short
Extended NVDA_24_5-USD+0.0392%1h227.50−0.011%$679K$743K10xas long as short
edgeX NVDAUSDC+0.0972%4h227.66+0.061%$171K$1.9M20xas long as short