Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.02 per $10,000 · paid last 24h −0.015%
Price spread now: Pacifica against Lighter−0.060%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$140.140% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.060%, 7d avg −0.050%
=Together, before fees−0.088%+ Points / potential airdropLighter: Season 3 · Pacifica: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.050%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.128%, 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 | 227.22 | 0.0080 | pay 0.0010% / 1h | 27m 20s | $2.1M | $3.3M | 20x |
| Short | Pacifica NVDA | 227.09 | 0.0100 | get 0.0013% / 1h | 27m 20s | $298K | $60K | 10x |
Lighter NVDA
Pacifica NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Pacifica 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
- $4.2
- Price spread: −0.060% → −0.050%
- −$0.96
- Slippage, 4 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Net
- −$10.76
- Costs to cover
- 0.140%
- Break-even
- 24.9 days
Slippage from Lighter: live order book, 5 min ago; Pacifica: live order book, 61 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, 5 min ago | 0.26 bp | 0.3 bp $0 | 1.3 bp −$13 | 17.5 bp −$1,751 | doesn't fit |
| Sell Pacifica live order book, 61 min ago | 1.32 bp | 7.4 bp −$7 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.11 | −0.048% | $473K | $550K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.17 | −0.024% | $12.7M | $15.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.17 | −0.024% | $14.4M | $21.2M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.15 | −0.033% | $7.2M | $9.4M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.13 | −0.039% | $3.4M | $2.3M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.11 | −0.050% | $21K | $468K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.84 | −0.169% | $2K | $4.0M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.14 | −0.037% | $49K | $1.5M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.20 | −0.011% | $202K | $529K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.16 | −0.028% | $2.2M | $41K | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NVDAUSDT | +0.0004% | 8h | 227.20 | −0.011% | $156.2M | $220.6M | 50x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.02 | −0.090% | $118K | $54K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0018% | 8h | 227.18 | −0.019% | $714K | $205K | 20x | as long as short |
| QFEX NVDA-USD | +0.0030% | 1h | 227.14 | −0.037% | $1.6M | $11.3M | 10x | as long as short |
| Lighter RH NVDA | +0.0032% | 1h | 227.33 | +0.047% | $4.8M | $7.0M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0032% | 1h | 227.07 | −0.069% | $522K | $407K | 10x | as long as short |
| Nado NVDA-PERP | +0.0043% | 1h | 227.10 | −0.054% | $487K | $223K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.35 | +0.055% | — | $73K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 227.07 | −0.068% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.07 | −0.068% | $147.1M | $50.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.15 | −0.033% | $390K | $235K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.08 | −0.063% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.00 | −0.099% | $1.6M | $2.1M | 15x | as long as short |
| Bitget NVDAUSDT | +0.0065% | 8h | 227.17 | −0.024% | $15.5M | $18.3M | 100x | as long as short |
| Phoenix NVDA | +0.0070% | 1h | 227.08 | −0.063% | $93K | $112K | 20x | as long as short |
| Lighter NVDAlong | +0.0080% | 1h | 227.22 | long leg | $2.1M | $3.3M | 20x | |
| Aevo NVDA-PERP | +0.0080% | 1h | 227.18 | −0.021% | — | — | 10x | as long as short |
| Pacifica NVDAshort | +0.0100% | 1h | 227.09 | −0.060% | $298K | $60K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.15 | −0.033% | $1.6M | $751K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.00 | −0.099% | $16K | $43K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.15 | −0.033% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 227.01 | −0.094% | $1.3M | $911K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.48 | +0.113% | $73K | $136 | 30x | as long as short |
| Arcus NVDA-USD | +0.0419% | 1h | 227.17 | −0.024% | $395K | $683K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0909% | 4h | 227.15 | −0.034% | $170K | $1.9M | 20x | as long as short |
Binance NVDAUSDT
Aftermath Perps NVDAUSD
BloFin NVDA-USDT
QFEX NVDA-USD
Lighter RH NVDA
Extended NVDA_24_5-USD
Nado NVDA-PERP
Vest NVDA-USD-PERP
Hotstuff NVDA-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Bitget NVDAUSDT
Phoenix NVDA
Aevo NVDA-PERP
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Coinbase International NVDA-PERP-INTX
Injective NVDA/USDC PERP
Arcus NVDA-USD
edgeX NVDAUSDC