Funding you earn now, next payment 05:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.24 per $10,000 · paid last 24h −0.026%
Price spread now: Extended against Lighter−0.053%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$130.133% of the position
Funding, last 7 days−0.180%−$18 on $10k
+Price spread, last 4 days (all we have)−0.019%−$2 · spread now −0.053%, 7d avg −0.052%
=Together, before fees−0.199%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$20 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.180%, 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 | 227.47 | 0.0040 | pay 0.0005% / 1h | 51m 22s | $2.2M | $3.3M | 20x |
| Short | Extended NVDA_24_5-USD | 227.34 | 0.0232 | get 0.0029% / 1h | 51m 22s | $675K | $777K | 10x |
Lighter NVDA
Extended NVDA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $40.32
- Price spread: −0.053% → −0.052%
- −$0.13
- Slippage, 4 orders
- −$8.28
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $26.9
- Costs to cover
- 0.133%
- Break-even
- 2.3 days
Slippage from Lighter: live order book, 6 min ago; Extended: live order book, 2 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, 6 min ago | 0.02 bp | 0.4 bp $0 | 1.5 bp −$15 | 7.7 bp −$767 | doesn't fit |
| Sell Extended live order book, 2 min ago | 0.66 bp | 6.7 bp −$7 | 26.1 bp −$261 | 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 | −0.0024% | 1h | 227.35 | −0.051% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.50 | +0.015% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.47 | +0.002% | $14.4M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.43 | −0.016% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.52 | +0.024% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.53 | +0.028% | $20K | $390K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.10 | −0.161% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.71 | +0.107% | $198K | $466K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.55 | +0.037% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.39 | −0.033% | $118K | $53K | 10x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0020% | 8h | 227.47 | +0.002% | $483K | $590K | 20x | as long as short |
| Lighter NVDAlong | +0.0040% | 1h | 227.47 | long leg | $2.2M | $3.3M | 20x | |
| Arcus NVDA-USD | +0.0040% | 1h | 227.45 | −0.007% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.46 | −0.003% | $1.3M | $9.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.62 | +0.068% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.36 | −0.047% | $147.8M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.49 | +0.011% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.36 | −0.047% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | −0.073% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0052% | 1h | 227.38 | −0.036% | $484K | $228K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0058% | 1h | 227.43 | −0.016% | $49K | $1.7M | 10x | as long as short |
| Variational Omni NVDA | +0.0058% | 8h | 227.54 | +0.030% | $3.6M | $2.2M | — | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.37 | −0.042% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.41 | −0.025% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.42 | −0.020% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.48 | +0.006% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0106% | 8h | 227.49 | +0.010% | $156.0M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0113% | 8h | 227.50 | +0.015% | $1.6M | $724K | 20x | as long as short |
| Lighter RH NVDA | +0.0120% | 1h | 227.62 | +0.068% | $5.1M | $7.1M | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.53 | +0.028% | $1.3M | $775K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.46 | −0.003% | $94K | $112K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0174% | 4h | 227.50 | +0.017% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.92 | +0.200% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0227% | 8h | 227.54 | +0.033% | $720K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USDshort | +0.0232% | 1h | 227.34 | −0.053% | $675K | $777K | 10x |
Aster NVDAUSDT
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Deribit NVDA_USDC-PERPETUAL
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Lighter RH NVDA
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
BloFin NVDA-USDT