Funding you earn now, next payment 03:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.019%
Price spread now: Lighter RH against Aster+0.044%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$5as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$120.125% of the position
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.044%, 7d avg +0.049%
=Together, before fees+0.027%+ Points / potential airdropAster: Stage 5 · Lighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.049%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster NVDAUSDT | 227.65 | 0.0010 | pay 0.0010% / 8h | 5h 31m | $483K | $590K | 20x |
| Short | Lighter RH NVDA | 227.75 | 0.0208 | get 0.0026% / 1h | 31m 53s | $5.1M | $7.0M | 20x |
Aster NVDAUSDT
Lighter RH NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $41.67
- Price spread: +0.044% → +0.049%
- −$0.47
- Slippage, 4 orders
- −$4.47
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $28.73
- Costs to cover
- 0.125%
- Break-even
- 2.2 days
Slippage from Aster: live order book, 31 min ago; Lighter RH: live order book, 2 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 Aster live order book, 31 min ago | 0.66 bp | 5.5 bp −$6 | 8.7 bp −$87 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.10 bp | 1.1 bp −$1 | 3.4 bp −$34 | 29.8 bp −$2,978 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 227.61 | −0.017% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.60 | −0.022% | $14.4M | $20.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.52 | −0.057% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.63 | −0.009% | $15.5M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.67 | +0.011% | $20K | $384K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.10 | −0.241% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.049% | $198K | $479K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.64 | −0.004% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDTlong | +0.0010% | 8h | 227.65 | long leg | $483K | $590K | 20x | |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.49 | −0.070% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0034% | 8h | 227.71 | +0.027% | $3.5M | $2.1M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.69 | +0.018% | $405K | $726K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.61 | −0.017% | $1.4M | $9.6M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.69 | +0.018% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.45 | −0.088% | $147.9M | $44.2M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.56 | −0.039% | $401K | $277K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.46 | −0.083% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.41 | −0.105% | $1.6M | $2.0M | 15x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | −0.053% | $1.3M | $777K | 10x | as long as short |
| Binance NVDAUSDT | +0.0094% | 8h | 227.63 | −0.009% | $156.2M | $215.1M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.46 | −0.084% | $299K | $60K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.47 | −0.079% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.58 | −0.031% | $36K | $22K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.60 | −0.024% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.50 | −0.066% | $94K | $112K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0112% | 1h | 227.46 | −0.083% | $35K | — | 20x | as long as short |
| Nado NVDA-PERP | +0.0122% | 1h | 227.47 | −0.077% | $483K | $228K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0133% | 8h | 227.67 | +0.009% | $1.6M | $724K | 20x | as long as short |
| Lighter NVDA | +0.0168% | 1h | 227.60 | −0.020% | $2.2M | $3.2M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0190% | 1h | 227.53 | −0.053% | $49K | $1.6M | 10x | as long as short |
| Lighter RH NVDAshort | +0.0208% | 1h | 227.75 | +0.044% | $5.1M | $7.0M | 20x | |
| BloFin NVDA-USDT | +0.0214% | 8h | 227.66 | +0.005% | $723K | $202K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.99 | +0.150% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0336% | 1h | 227.42 | −0.101% | $689K | $718K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0532% | 4h | 227.64 | −0.004% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Hotstuff NVDA-PERP
Nado NVDA-PERP
KuCoin NVDAUSDTM
Lighter NVDA
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC