NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.005%

Price spread now: Coinbase International against Lighter−0.178%7-day average −0.064% · you buy dearer than you sell

Net, funding: paid 7d − costs−$28as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$200.198% of the position

Long on Lighter Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.178%, 7d avg −0.064%

Together, before fees−0.035%+ Points / potential airdropLighter: Season 3 · farm board−$3 on $10k · with fees, hour by hour

Funding pays, the price is against you. Coinbase International is 0.115% cheaper against Lighter than usual: you would sell low and buy high (spread −0.178% now, against its 7-day average of −0.064%). If the spread goes back, that is −$11 on $10k: about 6.0 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.086%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	226.69	0.0064	pay 0.0008% / 1h	13m 09s	$2.1M	$3.4M	20x
Short	Coinbase International NVDA-PERP-INTX	226.29	0.0128	get 0.0016% / 1h	13m 09s	$1.3M	$789K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Lighter. 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

Position, each leg$Hold fordaysFee LighterbpFee Coinbase InternationalbpOrdersPrice spread, now −0.178%Rate

Funding earned: $13.44
Price spread: −0.178% → −0.064%: −$11.47
Slippage, 4 orders: −$9.79
Fee Lighter: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$17.82
Costs to cover: 0.198%
Break-even: 16.3 days

Slippage from Lighter: live order book, 4 min ago; Coinbase International: live order book, just now.

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, 4 min ago	0.26 bp	0.8 bp −$1	1.9 bp −$19	19.5 bp −$1,948	doesn't fit
Sell Coinbase International live order book, just now	3.09 bp	9.2 bp −$9	11.0 bp −$110	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	−0.0016%	1h	226.52	−0.077%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.64	−0.025%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.73	+0.016%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.72	+0.011%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.69	−0.002%	$7.3M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.75	+0.025%	$15.3M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.59	−0.044%	$21K	$417K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.44	−0.112%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.47	−0.099%	$198K	$458K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.74	+0.020%	$2.2M	$42K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0006%	8h	226.54	−0.069%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	226.40	−0.128%	$117K	$52K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.57	−0.055%	$398K	$734K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.67	−0.011%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.76	+0.029%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.60	−0.041%	$147.2M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.63	−0.028%	$398K	$278K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.56	−0.059%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.38	−0.139%	$1.6M	$2.0M	15x	as long as short
Lighter NVDAlong	+0.0064%	1h	226.69	long leg	$2.1M	$3.4M	20x
Binance NVDAUSDT	+0.0080%	8h	226.77	+0.034%	$154.6M	$218.7M	50x	as long as short
Nado NVDA-PERP	+0.0081%	1h	226.57	−0.054%	$482K	$227K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.53	−0.071%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.60	−0.041%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.42	−0.121%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.67	−0.011%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0103%	1h	226.64	−0.024%	$53K	$1.8M	10x	as long as short
Lighter RH NVDA	+0.0104%	1h	226.81	+0.051%	$5.1M	$7.1M	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.70	+0.002%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.58	−0.050%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0128%	1h	226.29	−0.178%	$1.3M	$789K	10x
BloFin NVDA-USDT	+0.0200%	8h	226.74	+0.020%	$713K	$193K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.88	+0.082%	$73K	$139	30x	as long as short
Extended NVDA_24_5-USD	+0.0360%	1h	226.55	−0.064%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0830%	4h	226.55	−0.064%	$170K	$1.9M	20x	as long as short