Funding you earn now, next payment 22:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.045%
Price spread now: Lighter against Gate+0.027%7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs+$6as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days+0.351%+$35 on $10k
+Price spread, last 7 days−0.016%−$2 · spread now +0.027%, 7d avg −0.005%
=Together, before fees+0.335%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Lighter is 0.032% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NVDA_USDT | 227.12 | 0 | get 0.0000% / 8h | 2h 26m | $7.2M | $9.4M | 100x |
| Short | Lighter NVDA | 227.18 | 0.0072 | get 0.0009% / 1h | 26m 03s | $2.1M | $3.3M | 20x |
Gate NVDA_USDT
Lighter NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $15.12
- Price spread: +0.027% → −0.005%
- $3.23
- Slippage, 4 orders
- −$14.08
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$10.73
- Costs to cover
- 0.291%
- Break-even
- 12.0 days
Slippage from Gate: live order book, 2 min ago; Lighter: live order book, 6 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 Gate live order book, 2 min ago | 0.66 bp | 13.5 bp −$14 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 6 min ago | 0.26 bp | 0.9 bp −$1 | 1.8 bp −$18 | 19.2 bp −$1,917 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.10 | −0.009% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.14 | +0.009% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.15 | +0.013% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDTlong | 0.0000% | 8h | 227.12 | long leg | $7.2M | $9.4M | 100x | |
| Variational Omni NVDA | 0.0000% | 8h | 227.13 | +0.007% | $3.4M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.11 | −0.004% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.85 | −0.119% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.14 | +0.009% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.20 | +0.035% | $202K | $528K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.17 | +0.022% | $2.2M | $41K | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDT | +0.0003% | 8h | 227.17 | +0.024% | $156.2M | $220.6M | 50x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.05 | −0.033% | $118K | $54K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0014% | 8h | 227.18 | +0.026% | $714K | $205K | 20x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.14 | +0.009% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.31 | +0.084% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.05 | −0.031% | $522K | $407K | 10x | as long as short |
| Nado NVDA-PERP | +0.0044% | 1h | 227.08 | −0.018% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.33 | +0.092% | — | $73K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 227.07 | −0.022% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.04 | −0.035% | $147.1M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.11 | −0.004% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.07 | −0.022% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.96 | −0.070% | $1.6M | $2.1M | 15x | as long as short |
| Bitget NVDAUSDT | +0.0064% | 8h | 227.17 | +0.022% | $15.5M | $18.3M | 100x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.08 | −0.018% | $93K | $112K | 20x | as long as short |
| Lighter NVDAshort | +0.0072% | 1h | 227.18 | +0.027% | $2.1M | $3.3M | 20x | |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.17 | +0.020% | — | — | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.10 | −0.007% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.16 | +0.018% | $1.6M | $752K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.00 | −0.053% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.14 | +0.009% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.048% | $1.3M | $911K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.48 | +0.159% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.16 | +0.018% | $395K | $683K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0909% | 4h | 227.15 | +0.012% | $170K | $1.9M | 20x | as long as short |
Binance NVDAUSDT
Aftermath Perps NVDAUSD
BloFin NVDA-USDT
QFEX NVDA-USD
Lighter RH NVDA
Extended NVDA_24_5-USD
Nado NVDA-PERP
Vest NVDA-USD-PERP
Hotstuff NVDA-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Bitget NVDAUSDT
Phoenix NVDA
Aevo NVDA-PERP
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP
Arcus NVDA-USD
edgeX NVDAUSDC