Funding you earn now, next payment 09:00 UTC+0.0049%/8h= +5.4% APRpaid last 24h −0.039%
Price spread now: GRVT against Lighter−0.022%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$40as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$130.134% of the position
Funding, last 7 days−0.261%−$26 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.022%, 7d avg −0.001%
=Together, before fees−0.252%+ Points / potential airdropLighter: Season 3 · GRVT: Active · farm board−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.021% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of −0.001%). If the spread goes back, that is −$2 on $10k: about 34 hours of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.261%, 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 | 226.40 | 0.0032 | pay 0.0004% / 1h | 49m 01s | $2.1M | $3.2M | 20x |
| Short | GRVT NVDA_USDT_Perp | 226.35 | 0.0081 | get 0.0081% / 8h | 7h 49m | $21K | $426K | 10x |
Lighter NVDA
GRVT NVDA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- $10.29
- Price spread: −0.022% → −0.001%
- −$2.11
- Slippage, 4 orders
- −$4.44
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$5.26
- Costs to cover
- 0.134%
- Break-even
- 10.6 days
Slippage from Lighter: live order book, 3 min ago; GRVT: live order book, 49 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, 3 min ago | 0.33 bp | 0.5 bp −$1 | 1.1 bp −$11 | 18.4 bp −$1,839 | doesn't fit |
| Sell GRVT live order book, 49 min ago | 1.33 bp | 6.7 bp −$7 | 8.8 bp −$88 | 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 | −0.0112% | 1h | 226.22 | −0.079% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.40 | +0.001% | $12.5M | $14.5M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.41 | +0.005% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.39 | −0.004% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.51 | +0.049% | $15.8M | $16.3M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.11 | −0.127% | $3K | $3.5M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.58 | +0.080% | $198K | $437K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.59 | +0.085% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0014% | 1h | 226.18 | −0.096% | $117K | $51K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0015% | 1h | 226.37 | −0.012% | $53K | $1.9M | 10x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Deribit NVDA_USDC-PERPETUALShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX NVDAUSDC | +0.0020% | 4h | 226.30 | −0.045% | $171K | $1.9M | 20x | as long as short |
| Lighter NVDAlong | +0.0032% | 1h | 226.40 | long leg | $2.1M | $3.2M | 20x | |
| Lighter RH NVDA | +0.0040% | 1h | 226.58 | +0.080% | $5.1M | $6.9M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.34 | −0.026% | $392K | $737K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.56 | +0.072% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.32 | −0.034% | $147.0M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.25 | −0.065% | $391K | $245K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.28 | −0.052% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.20 | −0.087% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0056% | 1h | 226.25 | −0.065% | $481K | $223K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.42 | +0.010% | $1.3M | $9.1M | 10x | as long as short |
| Aster NVDAUSDT | +0.0080% | 8h | 226.40 | +0.001% | $482K | $538K | 20x | as long as short |
| GRVT NVDA_USDT_Perpshort | +0.0081% | 8h | 226.35 | −0.022% | $21K | $426K | 10x | |
| Pacifica NVDA | +0.0100% | 1h | 226.20 | −0.087% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | −0.083% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.42 | +0.010% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0104% | 8h | 226.46 | +0.026% | $3.3M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0111% | 8h | 226.37 | −0.012% | $1.6M | $894K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.44 | +0.020% | — | — | 10x | as long as short |
| Extended NVDA_24_5-USD | +0.0128% | 1h | 226.24 | −0.070% | $644K | $879K | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | −0.048% | $1.3M | $696K | 10x | as long as short |
| Binance NVDAUSDT | +0.0165% | 8h | 226.43 | +0.014% | $155.1M | $220.8M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.19 | −0.092% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.72 | +0.142% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0285% | 8h | 226.49 | +0.041% | $711K | $197K | 20x | as long as short |
edgeX NVDAUSDC
Lighter RH NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
QFEX NVDA-USD
Aster NVDAUSDT
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Variational Omni NVDA
KuCoin NVDAUSDTM
Aevo NVDA-PERP
Extended NVDA_24_5-USD
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT