NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0104%/8h= −11.4% APRnext payment −$0.13 per $10,000 · paid last 24h +0.006%

Price spread now: Lighter RH against Coinbase International−0.018%7-day average +0.118% · you buy dearer than you sell

Net, funding: paid 7d − costs−$18as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$200.205% of the position

Long on Coinbase International Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.021%+$2 on $10k

Price spread, last 4 days (all we have)+0.337%+$34 · spread now −0.018%, 7d avg +0.118%

Together, before fees+0.358%+ Points / potential airdropLighter RH: Points live · farm board+$36 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.136% cheaper against Coinbase International than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.118%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International NVDA-PERP-INTX	226.29	0.0136	pay 0.0017% / 1h	35m 57s	$1.3M	$687K	10x
Short	Lighter RH NVDA	226.25	0.0032	get 0.0004% / 1h	35m 57s	$5.1M	$7.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Coinbase International. 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 Coinbase InternationalbpFee Lighter RHbpOrdersPrice spread, now −0.018%Rate

Funding earned: −$21.84
Price spread: −0.018% → +0.118%: −$13.6
Slippage, 4 orders: −$10.47
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$55.92
Costs to cover: 0.205%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 3 min ago; Lighter RH: live order book, 3 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 Coinbase International live order book, 3 min ago	2.43 bp	8.9 bp −$9	9.9 bp −$99	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.55 bp	1.8 bp −$2	4.1 bp −$41	32.7 bp −$3,268	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	226.10	−0.084%	$12.5M	$14.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.15	−0.062%	$14.1M	$20.2M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.11	−0.080%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.20	−0.040%	$15.8M	$16.1M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.29	0.000%	$21K	$428K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.82	−0.208%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.09	−0.088%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.31	+0.009%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.42	+0.057%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.10	−0.085%	$117K	$52K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.09	−0.088%	$2.1M	$3.2M	20x	as long as short
Lighter RH NVDAshort	+0.0032%	1h	226.25	−0.018%	$5.1M	$7.0M	20x
Extended NVDA_24_5-USD	+0.0032%	1h	225.95	−0.150%	$644K	$872K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.08	−0.093%	$392K	$736K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.28	−0.004%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.01	−0.124%	$146.8M	$43.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	225.97	−0.141%	$390K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.02	−0.119%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.03	−0.115%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0057%	1h	226.03	−0.115%	$480K	$222K	20x	as long as short
Hotstuff NVDA-PERP	+0.0064%	1h	226.09	−0.088%	$35K	—	20x	as long as short
QFEX NVDA-USD	+0.0072%	1h	226.15	−0.062%	$1.3M	$9.0M	10x	as long as short
Aster NVDAUSDT	+0.0072%	8h	226.13	−0.071%	$481K	$544K	20x	as long as short
edgeX NVDAUSDC	+0.0081%	4h	226.27	−0.007%	$171K	$1.9M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.00	−0.127%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.17	−0.053%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.12	−0.075%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0103%	8h	226.23	−0.028%	$3.2M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0104%	8h	226.17	−0.053%	$1.6M	$943K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.13	−0.072%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTXlong	+0.0136%	1h	226.29	long leg	$1.3M	$687K	10x
Binance NVDAUSDT	+0.0157%	8h	226.16	−0.058%	$154.9M	$220.8M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.13	−0.071%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.97	+0.300%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0279%	8h	226.29	0.000%	$715K	$197K	20x	as long as short