Funding you earn now, next payment 04:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.044%
Price spread now: Bybit against Lighter+0.017%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.143% of the position
Funding, last 7 days−0.247%−$25 on $10k
+Price spread, last 7 days−0.006%−$1 · spread now +0.017%, 7d avg +0.021%
=Together, before fees−0.252%+ Points / potential airdropLighter: Season 3 · farm board−$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$4 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 | 227.52 | 0.0128 | pay 0.0016% / 1h | 45m 29s | $2.2M | $3.3M | 20x |
| Short | Bybit NVDAUSDT | 227.56 | 0 | get 0.0000% / 8h | 4h 45m | $12.7M | $14.8M | 100x |
Lighter NVDA
Bybit NVDAUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$26.88
- Price spread: +0.017% → +0.021%
- −$0.36
- Slippage, 4 orders
- −$3.29
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$41.53
- Costs to cover
- 0.143%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Bybit: live order book, 3 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 | 0.55 bp | 0.7 bp −$1 | 2.5 bp −$25 | 15.8 bp −$1,577 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.22 bp | 6.3 bp −$6 | 9.3 bp −$93 | 57.5 bp −$5,750 | 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 NVDAUSDTshort | 0.0000% | 8h | 227.56 | +0.017% | $12.7M | $14.8M | 100x | |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.51 | −0.005% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.48 | −0.018% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.61 | +0.039% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.14 | −0.167% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.052% | $198K | $472K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.61 | +0.039% | $2.2M | $43K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.47 | −0.022% | $49K | $1.6M | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 227.42 | −0.043% | $118K | $54K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.57 | +0.022% | $406K | $744K | 20x | as long as short |
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Aftermath Perps NVDAUSD
Arcus NVDA-USDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0044% | 8h | 227.59 | +0.031% | $483K | $590K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.68 | +0.070% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.40 | −0.053% | $147.8M | $43.7M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.54 | +0.008% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.42 | −0.044% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | −0.097% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.55 | +0.013% | $1.4M | $9.4M | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0068% | 8h | 227.60 | +0.035% | $20K | $386K | 10x | as long as short |
| Variational Omni NVDA | +0.0075% | 8h | 227.53 | +0.005% | $3.5M | $2.1M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.45 | −0.032% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.45 | −0.031% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.53 | +0.004% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.004% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.55 | +0.012% | — | — | 10x | as long as short |
| Nado NVDA-PERP | +0.0123% | 1h | 227.47 | −0.023% | $484K | $228K | 20x | as long as short |
| Lighter NVDAlong | +0.0128% | 1h | 227.52 | long leg | $2.2M | $3.3M | 20x | |
| Binance NVDAUSDT | +0.0129% | 8h | 227.55 | +0.013% | $156.5M | $216.2M | 50x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.52 | 0.000% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0152% | 8h | 227.60 | +0.035% | $1.6M | $725K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0184% | 1h | 227.41 | −0.049% | $35K | — | 20x | as long as short |
| Lighter RH NVDA | +0.0208% | 1h | 227.68 | +0.070% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 228.03 | +0.224% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0250% | 8h | 227.60 | +0.035% | $722K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0496% | 1h | 227.42 | −0.044% | $685K | $733K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0666% | 4h | 227.55 | +0.011% | $170K | $1.9M | 20x | as long as short |
Aster NVDAUSDT
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
GRVT NVDA_USDT_Perp
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Aevo NVDA-PERP
Nado NVDA-PERP
Binance NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Hotstuff NVDA-PERP
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC