Funding arb · Price arb / RWA

NVDA

RWAAll NVDA markets →

LONGAvantis▾Reya −0.1861%tradeXYZ −0.1323%Extended −0.0712%Popdex −0.0384%Nado −0.0324%Ondo Perps −0.0236%TxFlow −0.0219%ApeX Omni −0.0181%Lighter RH −0.0072%BingX −0.0050%Avantis −0.0014%Aster 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Backpack 0.0000%Variational Omni 0.0000%GRVT 0.0000%Phoenix 0.0000%Bullet 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Phemex 0.0000%AZverse +0.0008%Kraken Futures +0.0019%Paradex +0.0034%Arcus +0.0038%Vest Markets +0.0046%Polymarket Perps +0.0050%SoDEX +0.0050%Aevo +0.0080%Orderly +0.0100%BloFin +0.0120%edgeX +0.0121%Pacifica +0.0160%Injective +0.0220%Aftermath Perps +0.0400%

⇄⇅

SHORTLighter▾Aftermath Perps +0.0400%Injective +0.0220%Lighter +0.0192%Pacifica +0.0160%edgeX +0.0121%BloFin +0.0120%Orderly +0.0100%Aevo +0.0080%Polymarket Perps +0.0050%SoDEX +0.0050%Vest Markets +0.0046%Arcus +0.0038%Paradex +0.0034%Kraken Futures +0.0019%AZverse +0.0008%Aster 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%RISEx 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Backpack 0.0000%Variational Omni 0.0000%GRVT 0.0000%Phoenix 0.0000%Bullet 0.0000%SunX 0.0000%Deribit 0.0000%HTX 0.0000%Phemex 0.0000%BingX −0.0050%Lighter RH −0.0072%ApeX Omni −0.0181%TxFlow −0.0219%Ondo Perps −0.0236%Nado −0.0324%Popdex −0.0384%Extended −0.0712%tradeXYZ −0.1323%Reya −0.1861%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	AvantisNVDA/USD	211.52	L −0.0014S +0.0015	get 0.0002% / 1h	58m 57s	$104K	—	25x	Long Avantis
SHORT	LighterNVDA	211.72	+0.0192	get 0.0024% / 1h	58m 57s	$2.9M	$9.1M	20x	Short Lighter7d free

Price gap+0.094%57s

Funding gap+0.0206% /8h

Funding pays +$6 a day on $10k, but the gap is 0.047% under its 7d average: −$5 if it goes back, about 18 hours of funding.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid −0.023% in total, about −0.0011%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

PRICE SPREAD · 7D

Now+0.094%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

AvantisLighter

NVDA on 45 exchanges

lowest funding first

Before you open

3 ok · 2 to watch

• i
  Note: Order book unknown—

  No order-book sample for Avantis: its slippage is not counted.
• i
  Note: Margin at max leverage$400 + $500

  Avantis 25x, Lighter 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Avantis · 1h+$0.41

  Short Lighter · 1h+$5.76

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: +$6.17Long Avantis: 24 payments, +$0.41; short Lighter: 24 payments, +$5.76.
• !
  Watch: Prices read 57 s apart+0.094% vs +0.141%

  Part of this gap may be the market moving.
• !
  Watch: Long leg is thinner$104K vs $2.9M OI

  Avantis sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legAvantis Season 3 · Lighter Season 3

  Volume here counts toward the points program.
• ✓
  OK: No KYC on either legAvantis No · Lighter No

  Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0011%/8h × 21 periods−$2.25

Price spreadprices read too far apart to compare—

Slippage, 4 ordersno data for Avantis—

Fee Avantis bp × 2 orders−$9.00

Fee Lighter bp × 2 orders$0.00

Net, fees only · 7 days · $10k−$11.25

price spread not counted: prices read too far apart

Costs to cover0.090%Break-evennever at this rate

Slippage: Avantis: no order-book sample; Lighter: live order book, 4 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGAvantis—————

SELL · SHORTLighter0.120.3 bp$01.2 bp−$1218.4 bp−$1,838doesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

FundingPrice spread

I'm in

NVDA news

posts that mention NVDA or Nvidia, from every exchangeSearch all news →

10-25 23:45	Kalshi	Other	JUST IN: Nvidia says AI infrastructure is a “durable” asset that retains value @Kalshi on X ↗
10-25 22:00	Kalshi	Other	JUST IN: Nvidia CEO says demand for GrokBot is “really skyrocketing” @Kalshi on X ↗
10-25 14:30	Kalshi	Other	BREAKING: Nvidia CEO says he "loves working with Elon Musk" @Kalshi on X ↗
10-25 12:00	KuCoin	Other	Agentic AI is moving beyond chatbots, with NVIDIA, Arista Networks, ServiceNow, and Salesforce emerging as key companies across AI infrastructure and enterprise automation. Salesforce reports over $1.5B in Agentforce annual recurring revenue, up more than 240% year over year, while NVIDIA's Data Center revenue surged 117%. Yet adoption costs, reliability, and competition remain key risks. Which companies could turn AI agents into lasting growth? Explore the opportunities and risks on the KuCoin Blog 👇 @kucoincom on X ↗
10-25 10:30	Kalshi	Other	BREAKING: Nvidia CEO says China scales AI researchers "better than anyone" @Kalshi on X ↗
10-25 07:00	MEXC	Other	Our Anthropic Pre-IPO Launchpad is coming. Complete missions first for a chance to win ANTHROPIC(PRE), an NVIDIA H200 GPU, and more! Win now. 👉 @MEXC on X ↗