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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0108%/8h= −11.8% APRnext payment $0.14 per $10,000 · paid last 24h −0.026%
Price spread now: Lighter RH against Injective−0.140%67s7-day average · you buy dearer than you sell
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 7 days−0.175%−$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Lighter RH is 0.140% cheaper against Injective than usual: you would sell low and buy high (−$14 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective NVDA/USDC PERP228.150.0220pay 0.0028% / 1h48m 10s$73K$13430x
ShortLighter RH NVDA227.830.0112get 0.0014% / 1h48m 10s$5.1M$7.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against Injective. 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
−$22.68
Price spread: −0.140% → 0.000%
−$14.03
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$36.73
Costs to cover
0.000%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; Lighter RH: live order book, 5 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 Injective no order-book sample
Sell Lighter RH live order book, 5 min ago0.88 bp0.9 bp −$12.9 bp −$2931.4 bp −$3,142doesn't fit
Injective: 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
Aster NVDAUSDT0.0000%8h227.72−0.190%$484K$582K20xas long as short
Bybit NVDAUSDT0.0000%8h227.68−0.206%$12.7M$15.2M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.69−0.202%$14.4M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h227.64−0.224%$7.2M$9.5M100xas long as short
SunX NVDA-USDT0.0000%8h227.24−0.399%$2K$3.8M20xas long as short
HTX NVDA-USDT0.0000%8h227.77−0.167%$198K$502K30xas long as short
Phemex NVDAUSDT0.0000%4h227.87−0.123%$2.2M$43K10xas long as short
Bitget NVDAUSDT+0.0003%8h227.82−0.145%$15.4M$16.8M100xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.61−0.237%$118K$55K10xas long as short
Variational Omni NVDA+0.0016%8h227.75−0.175%$3.5M$1.9Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP+0.0016%1h227.58−0.250%$35K20xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.52−0.274%$693K$708K10xas long as short
Arcus NVDA-USD+0.0040%1h227.60−0.241%$400K$724K20xas long as short
QFEX NVDA-USD+0.0045%1h227.73−0.184%$1.5M$10.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.82−0.145%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.55−0.263%$148.0M$45.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.71−0.193%$402K$285K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.55−0.263%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.57−0.254%$1.5M$2.1M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.302%$1.3M$794K10xas long as short
Nado NVDA-PERP+0.0078%1h227.61−0.235%$484K$230K20xas long as short
Binance NVDAUSDT+0.0083%8h227.70−0.196%$156.3M$216.7M50xas long as short
GRVT NVDA_USDT_Perp+0.0093%8h227.80−0.153%$20K$390K10xas long as short
Pacifica NVDA+0.0100%1h227.59−0.245%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.64−0.224%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.67−0.210%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.69−0.200%10xas long as short
Phoenix NVDA+0.0105%1h227.69−0.202%$94K$112K20xas long as short
Lighter RH NVDAshort+0.0112%1h227.83−0.140%$5.1M$7.0M20x
Lighter NVDA+0.0120%1h227.69−0.201%$2.2M$3.2M20xas long as short
KuCoin NVDAUSDTM+0.0139%8h227.73−0.184%$1.6M$738K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0146%1h227.62−0.232%$49K$1.5M10xas long as short
BloFin NVDA-USDT+0.0203%8h227.78−0.162%$723K$204K20xas long as short
Injective NVDA/USDC PERPlong+0.0220%1h228.15long leg$73K$13430x
edgeX NVDAUSDC+0.0784%4h227.77−0.165%$170K$1.9M20xas long as short