Funding you earn now, next payment 09:00 UTC−0.0488%/8h= −53.4% APRpaid last 24h −0.035%
Price spread now: Lighter against edgeX−0.039%79s7-day average +0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.177% of the position
Funding, last 7 days−0.643%−$64 on $10k
+Price spread, last 7 days+0.057%+$6 · spread now −0.039%, 7d avg +0.010%
=Together, before fees−0.586%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board−$59 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Lighter is 0.049% cheaper against edgeX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.010%). Swap the legs. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX NVDAUSDC | 226.38 | 0.0520 | pay 0.0260% / 4h | 3h 45m | $171K | $1.9M | 20x |
| Short | Lighter NVDA | 226.29 | 0.0032 | get 0.0004% / 1h | 45m 45s | $2.1M | $3.2M | 20x |
edgeX NVDAUSDC
Lighter NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against edgeX. 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
- −$102.42
- Price spread: −0.039% → +0.010%
- −$4.91
- Slippage, 4 orders
- −$8.69
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$125.02
- Costs to cover
- 0.177%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 3 min ago; Lighter: live order book, 7 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 edgeX live order book, 3 min ago | 3.53 bp | 8.3 bp −$8 | 13.0 bp −$130 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.33 bp | 0.4 bp $0 | 1.5 bp −$15 | 13.7 bp −$1,374 | 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 | 226.28 | −0.046% | $12.5M | $14.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.31 | −0.033% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.28 | −0.046% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.39 | +0.003% | $15.8M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.99 | −0.174% | $2K | $3.5M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.25 | −0.059% | $53K | $1.9M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | +0.033% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.57 | +0.082% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.20 | −0.083% | $117K | $52K | 10x | as long as short |
| Lighter NVDAshort | +0.0032% | 1h | 226.29 | −0.039% | $2.1M | $3.2M | 20x |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH NVDA | +0.0040% | 1h | 226.47 | +0.038% | $5.1M | $6.9M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.26 | −0.055% | $392K | $736K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.47 | +0.038% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.19 | −0.086% | $146.9M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.14 | −0.108% | $391K | $242K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.21 | −0.077% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.11 | −0.121% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0054% | 1h | 226.19 | −0.085% | $480K | $223K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0055% | 8h | 226.45 | +0.029% | $21K | $428K | 10x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.30 | −0.037% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.34 | −0.019% | $482K | $538K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0096% | 1h | 226.19 | −0.084% | $644K | $879K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.16 | −0.101% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.29 | −0.042% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.30 | −0.037% | $36K | $20K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0104% | 1h | 226.30 | −0.037% | $35K | — | 20x | as long as short |
| Variational Omni NVDA | +0.0106% | 8h | 226.32 | −0.029% | $3.2M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0109% | 8h | 226.34 | −0.020% | $1.6M | $903K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.32 | −0.030% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | −0.042% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0166% | 8h | 226.34 | −0.020% | $155.1M | $221.0M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.19 | −0.086% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.97 | +0.259% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0286% | 8h | 226.36 | −0.011% | $711K | $197K | 20x | as long as short |
| edgeX NVDAUSDClong | +0.0520% | 4h | 226.38 | long leg | $171K | $1.9M | 20x |
Lighter RH NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
GRVT NVDA_USDT_Perp
QFEX NVDA-USD
Aster NVDAUSDT
Extended NVDA_24_5-USD
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Hotstuff NVDA-PERP
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT