Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0184%/8h= +20.1% APRnext payment +$0.23 per $10,000 · paid last 24h +0.047%
Price spread now: Lighter RH against Hotstuff+0.128%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.128% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHotstuff NVDA-PERP227.37−0.0024get 0.0003% / 1h20m 16s$35K20x
ShortLighter RH NVDA227.660.0160get 0.0020% / 1h20m 16s$5.1M$7.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Hotstuff. 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

Funding earned
$38.64
Price spread: +0.128% → 0.000%
$12.75
Slippage, 4 orders
no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$46.39
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Hotstuff no order-book sample
Sell Lighter RH live order book, 3 min ago0.44 bp1.0 bp −$13.0 bp −$3031.8 bp −$3,177doesn't fit
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERPlong−0.0024%1h227.37long leg$35K20x
Aster NVDAUSDT0.0000%8h227.49+0.053%$474K$578K20xas long as short
Bybit NVDAUSDT0.0000%8h227.54+0.075%$12.7M$15.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.52+0.066%$14.4M$21.1M50xas long as short
Gate NVDA_USDT0.0000%8h227.47+0.044%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.55+0.078%$3.5M$2.3Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.54+0.073%$20K$435K10xas long as short
SunX NVDA-USDT0.0000%8h227.06−0.136%$3K$4.0M20xas long as short
HTX NVDA-USDT0.0000%8h227.59+0.097%$198K$528K30xas long as short
Phemex NVDAUSDT0.0000%4h227.52+0.066%$2.2M$42K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0016%1h227.51+0.063%$118K$54K10xas long as short
Binance NVDAUSDT+0.0018%8h227.54+0.075%$156.3M$220.7M50xas long as short
edgeX NVDAUSDC+0.0025%4h227.47+0.046%$170K$1.9M20xas long as short
Bitget NVDAUSDT+0.0026%8h227.57+0.088%$15.6M$17.7M100xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.34−0.011%$536K$446K10xas long as short
QFEX NVDA-USD+0.0041%1h227.50+0.057%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.56+0.084%$73K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.36−0.004%$147.3M$49.0M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.41+0.018%$401K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.370.000%$58K$20K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.28−0.040%$1.6M$2.1M15xas long as short
BloFin NVDA-USDT+0.0064%8h227.49+0.053%$715K$204K20xas long as short
Phoenix NVDA+0.0070%1h227.42+0.022%$94K$112K20xas long as short
Aevo NVDA-PERP+0.0088%1h227.51+0.062%10xas long as short
Nado NVDA-PERP+0.0094%1h227.370.000%$484K$227K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0096%1h227.01−0.158%$1.3M$888K10xas long as short
Pacifica NVDA+0.0100%1h227.39+0.009%$298K$60K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h227.58+0.092%$1.6M$753K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.34−0.013%$16K$43K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.51+0.062%$36K$22K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0146%1h227.43+0.026%$49K$1.4M10xas long as short
Lighter RH NVDAshort+0.0160%1h227.66+0.128%$5.1M$7.2M20x
Lighter NVDA+0.0184%1h227.56+0.081%$2.1M$3.3M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h228.08+0.312%$73K$13730xas long as short
Arcus NVDA-USD+0.0305%1h227.35−0.009%$400K$723K20xas long as short