Funding you earn now, next payment 09:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h −0.027%
Price spread now: Aftermath Perps against Lighter−0.035%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 4 days (all we have)−0.167%−$17 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now −0.035%, 7d avg −0.051%
=Together, before fees−0.106%+ Points / potential airdropLighter: Season 3 · farm board−$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 226.27 | 0.0120 | pay 0.0015% / 1h | 55m 25s | $2.1M | $3.2M | 20x |
| Short | Aftermath Perps NVDAUSD | 226.19 | 0.0015 | get 0.0002% / 1h | 55m 25s | $117K | $51K | 10x |
Lighter NVDA
Aftermath Perps NVDAUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aftermath Perps against Lighter. 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
- −$22.03
- Price spread: −0.035% → −0.051%
- $1.61
- Slippage, 4 orders
- −$19.14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Net
- −$48.56
- Costs to cover
- 0.281%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Aftermath Perps: live order book, 44 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 Lighter live order book, 7 min ago | 0.40 bp | 0.5 bp $0 | 1.5 bp −$15 | 7.1 bp −$711 | doesn't fit |
| Sell Aftermath Perps live order book, 44 min ago | 1.94 bp | 6.4 bp −$6 | 28.5 bp −$285 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.22 | −0.021% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.28 | +0.005% | $12.5M | $14.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.30 | +0.014% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.26 | −0.004% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.36 | +0.041% | $15.8M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.13 | −0.061% | $3K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.54 | +0.120% | $198K | $438K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.58 | +0.138% | $2.2M | $41K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.40 | +0.058% | $53K | $1.9M | 10x | as long as short |
| Aftermath Perps NVDAUSDshort | +0.0015% | 1h | 226.19 | −0.035% | $117K | $51K | 10x |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Deribit NVDA_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.28 | +0.005% | $392K | $737K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.46 | +0.085% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.17 | −0.043% | $146.9M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.16 | −0.048% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.33 | +0.027% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.09 | −0.079% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.35 | +0.036% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.30 | +0.012% | $482K | $530K | 20x | as long as short |
| Lighter RH NVDA | +0.0080% | 1h | 226.43 | +0.072% | $5.1M | $6.8M | 20x | as long as short |
| Nado NVDA-PERP | +0.0099% | 1h | 226.23 | −0.017% | $481K | $223K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.15 | −0.053% | $297K | $48K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.14 | −0.057% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.42 | +0.067% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0105% | 8h | 226.43 | +0.071% | $3.5M | $2.3M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0115% | 8h | 226.39 | +0.054% | $1.6M | $869K | 20x | as long as short |
| Lighter NVDAlong | +0.0120% | 1h | 226.27 | long leg | $2.1M | $3.2M | 20x | |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.44 | +0.077% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.31 | +0.019% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.32 | +0.023% | $155.3M | $219.9M | 50x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.34 | +0.032% | $93K | $83K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0214% | 4h | 226.36 | +0.039% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.200% | $73K | $135 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0248% | 1h | 226.18 | −0.037% | $644K | $879K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0282% | 8h | 226.47 | +0.089% | $716K | $196K | 20x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0393% | 8h | 226.35 | +0.036% | $22K | $424K | 10x | as long as short |
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Aster NVDAUSDT
Lighter RH NVDA
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
BloFin NVDA-USDT
GRVT NVDA_USDT_Perp