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
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 226.42 | 0.0088 | pay 0.0011% / 1h | 55m 56s | $2.1M | $3.3M | 20x |
| Short | Ondo Perps NVDA-USD.P | 226.48 | 0.0050 | get 0.0006% / 1h | 55m 56s | $1.6M | $2.0M | 15x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter live order book, 6 min ago | 0.02 bp | 1.1 bp −$1 | 1.9 bp −$19 | 22.6 bp −$2,260 | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.45 | +0.014% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.42 | +0.001% | $12.4M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.44 | +0.010% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.40 | −0.008% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.47 | +0.023% | $15.2M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.72 | +0.132% | $21K | $416K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.18 | −0.105% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.72 | +0.133% | $198K | $455K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.66 | +0.107% | $2.2M | $42K | 10x | as long as short |
| Variational Omni NVDA | +0.0008% | 8h | 226.69 | +0.121% | $3.6M | $2.1M | — | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.43 | +0.006% | $117K | $52K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.55 | +0.058% | $398K | $734K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.55 | +0.058% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.30 | −0.052% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.37 | −0.021% | $398K | $279K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.33 | −0.039% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.Pshort | +0.0050% | 1h | 226.48 | +0.027% | $1.6M | $2.0M | 15x | |
| QFEX NVDA-USD | +0.0056% | 1h | 226.43 | +0.005% | $1.3M | $9.1M | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.50 | +0.036% | $35K | — | 20x | as long as short |
| Binance NVDAUSDT | +0.0083% | 8h | 226.43 | +0.006% | $154.3M | $219.1M | 50x | as long as short |
| Lighter NVDAlong | +0.0088% | 1h | 226.42 | long leg | $2.1M | $3.3M | 20x | |
| Pacifica NVDA | +0.0100% | 1h | 226.36 | −0.025% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.44 | +0.010% | $1.6M | $745K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.52 | +0.045% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.44 | +0.010% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.47 | +0.022% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.58 | +0.072% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.057% | $1.3M | $789K | 10x | as long as short |
| Nado NVDA-PERP | +0.0149% | 1h | 226.35 | −0.029% | $481K | $226K | 20x | as long as short |
| Lighter RH NVDA | +0.0184% | 1h | 226.55 | +0.058% | $5.0M | $6.9M | 20x | as long as short |
| BloFin NVDA-USDT | +0.0203% | 8h | 226.61 | +0.085% | $715K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.95 | +0.235% | $73K | $135 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0236% | 1h | 226.37 | −0.021% | $52K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0318% | 4h | 226.63 | +0.093% | $170K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0408% | 1h | 226.22 | −0.087% | $668K | $767K | 10x | as long as short |
Lighter NVDA
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Variational Omni NVDA
Aftermath Perps NVDAUSD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC
Extended NVDA_24_5-USD