Funding you earn now, next payment 07:00 UTC+0.0017%/8h= +1.9% APRnext payment +$0.02 per $10,000 · paid last 24h −0.007%
Price spread now: Nado against Lighter−0.062%7-day average −0.018% · 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−$31as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.062%, 7d avg −0.018%
=Together, before fees+0.004%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board$0 on $10k · with fees, hour by hour
Funding pays, the price is against you. Nado is 0.044% cheaper against Lighter than usual: you would sell low and buy high (spread −0.062% now, against its 7-day average of −0.018%). If the spread goes back, that is −$4 on $10k: about 8.7 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 226.41 | 0.0120 | pay 0.0015% / 1h | 3m 17s | $2.1M | $3.3M | 20x |
| Short | Nado NVDA-PERP | 226.27 | 0.0137 | get 0.0017% / 1h | 3m 17s | $481K | $223K | 20x |
Lighter NVDA
Nado NVDA-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- $3.56
- Price spread: −0.062% → −0.018%
- −$4.43
- Slippage, 4 orders
- −$19.3
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$27.16
- Costs to cover
- 0.263%
- Break-even
- 60.5 days
Slippage from Lighter: live order book, 4 min ago; Nado: live order book, 40 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, 4 min ago | 0.02 bp | 0.9 bp −$1 | 2.3 bp −$23 | 21.5 bp −$2,151 | doesn't fit |
| Sell Nado live order book, 40 min ago | 0.66 bp | 14.9 bp −$15 | 23.8 bp −$238 | 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 | −0.0008% | 1h | 226.30 | −0.051% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.44 | +0.011% | $12.4M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.46 | +0.020% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.42 | +0.002% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.52 | +0.046% | $15.8M | $16.5M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.52 | +0.046% | $21K | $420K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.00 | −0.183% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.80 | +0.170% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.59 | +0.077% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0013% | 8h | 226.41 | −0.003% | $482K | $530K | 20x | 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
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 226.35 | −0.031% | $117K | $51K | 10x | as long as short |
| Variational Omni NVDA | +0.0031% | 8h | 226.57 | +0.066% | $3.5M | $2.3M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.48 | +0.029% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.50 | +0.038% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.30 | −0.051% | $147.0M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.40 | −0.007% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.30 | −0.051% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.14 | −0.121% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.45 | +0.015% | $1.3M | $9.1M | 10x | as long as short |
| Binance NVDAUSDT | +0.0100% | 8h | 226.47 | +0.026% | $154.4M | $218.4M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.28 | −0.060% | $297K | $46K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.50 | +0.038% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.25 | −0.073% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.43 | +0.007% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.45 | +0.015% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.44 | +0.011% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.055% | $1.3M | $722K | 10x | as long as short |
| Lighter NVDAlong | +0.0120% | 1h | 226.41 | long leg | $2.1M | $3.3M | 20x | |
| Nado NVDA-PERPshort | +0.0137% | 1h | 226.27 | −0.062% | $481K | $223K | 20x | |
| Lighter RH NVDA | +0.0152% | 1h | 226.54 | +0.055% | $5.1M | $7.0M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0220% | 8h | 226.51 | +0.042% | $712K | $195K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.94 | +0.232% | $73K | $140 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0384% | 1h | 226.22 | −0.088% | $647K | $872K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0413% | 1h | 226.37 | −0.020% | $53K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0771% | 4h | 226.51 | +0.043% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Variational Omni NVDA
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
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC