Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0038%/8h= −4.1% APRnext payment $0.05 per $10,000 · paid last 24h −0.029%
Price spread now: Ondo Perps against Lighter+0.027%7-day average −0.084% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.191%−$19 on $10k
Price spread, last 7 days−0.103%−$10 · spread now +0.027%, 7d avg −0.084%
Together, before fees−0.294%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.111% dearer against Lighter than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.084%): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.9 days. At the pace of the last 7 days (−0.191% in total) that is about 4.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NVDA226.420.0088pay 0.0011% / 1h55m 56s$2.1M$3.3M20x
ShortOndo Perps NVDA-USD.P226.480.0050get 0.0006% / 1h55m 56s$1.6M$2.0M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
−$7.9
Price spread: +0.027% → −0.084%
$11.14
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$1.76
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Lighter: live order book, 6 min ago; Ondo Perps: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter live order book, 6 min ago0.02 bp1.1 bp −$11.9 bp −$1922.6 bp −$2,260doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT0.0000%8h226.45+0.014%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.42+0.001%$12.4M$15.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.44+0.010%$14.2M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.40−0.008%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h226.47+0.023%$15.2M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.72+0.132%$21K$416K10xas long as short
SunX NVDA-USDT0.0000%8h226.18−0.105%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h226.72+0.133%$198K$455K30xas long as short
Phemex NVDAUSDT0.0000%4h226.66+0.107%$2.2M$42K10xas long as short
Variational Omni NVDA+0.0008%8h226.69+0.121%$3.6M$2.1Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0012%1h226.43+0.006%$117K$52K10xas long as short
Arcus NVDA-USD+0.0040%1h226.55+0.058%$398K$734K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.55+0.058%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.30−0.052%$147.0M$43.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.37−0.021%$398K$279K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.33−0.039%$59K$19K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h226.48+0.027%$1.6M$2.0M15x
QFEX NVDA-USD+0.0056%1h226.43+0.005%$1.3M$9.1M10xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.50+0.036%$35K20xas long as short
Binance NVDAUSDT+0.0083%8h226.43+0.006%$154.3M$219.1M50xas long as short
Lighter NVDAlong+0.0088%1h226.42long leg$2.1M$3.3M20x
Pacifica NVDA+0.0100%1h226.36−0.025%$297K$48K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.44+0.010%$1.6M$745K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.52+0.045%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.44+0.010%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.47+0.022%10xas long as short
Phoenix NVDA+0.0106%1h226.58+0.072%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.057%$1.3M$789K10xas long as short
Nado NVDA-PERP+0.0149%1h226.35−0.029%$481K$226K20xas long as short
Lighter RH NVDA+0.0184%1h226.55+0.058%$5.0M$6.9M20xas long as short
BloFin NVDA-USDT+0.0203%8h226.61+0.085%$715K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.95+0.235%$73K$13530xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0236%1h226.37−0.021%$52K$1.8M10xas long as short
edgeX NVDAUSDC+0.0318%4h226.63+0.093%$170K$1.9M20xas long as short
Extended NVDA_24_5-USD+0.0408%1h226.22−0.087%$668K$767K10xas long as short