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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0078%/8h= −8.6% APRnext payment $0.10 per $10,000 · paid last 24h −0.025%
Price spread now: Aftermath Perps against Lighter RH−0.163%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$300.297% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.173%−$17 on $10k
Price spread, last 4 days (all we have)+0.021%+$2 · spread now −0.163%, 7d avg −0.107%
Together, before fees−0.152%+ Points / potential airdropLighter RH: Points live · farm board−$15 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aftermath Perps is 0.057% cheaper against Lighter RH than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA227.500.0096pay 0.0012% / 1h28m 38s$5.3M$7.2M20x
ShortAftermath Perps NVDAUSD227.130.0018get 0.0002% / 1h28m 38s$117K$52K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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
−$16.43
Price spread: −0.163% → −0.107%
−$5.67
Slippage, 4 orders
−$20.67
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$51.78
Costs to cover
0.297%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Aftermath Perps: live order book, 18 min ago.

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 RH live order book, 3 min ago1.32 bp1.5 bp −$13.0 bp −$3041.8 bp −$4,181doesn't fit
Sell Aftermath Perps live order book, 18 min ago5.72 bp14.0 bp −$1421.0 bp −$210doesn't fitdoesn't fit

NVDA on 35 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP−0.1600%1h225.28−0.976%$35K20xas long as short
Bybit NVDAUSDT0.0000%8h227.36−0.062%$12.6M$16.0M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.36−0.062%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.31−0.084%$7.2M$9.2M100xas long as short
Bitget NVDAUSDT0.0000%8h227.41−0.040%$15.6M$15.9M100xas long as short
SunX NVDA-USDT0.0000%8h227.00−0.220%$2K$3.3M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.31−0.084%$16K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h227.49−0.004%$199K$399K30xas long as short
Phemex NVDAUSDT0.0000%4h227.37−0.057%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSDshort+0.0018%1h227.13−0.163%$117K$52K10x
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.18−0.139%$613K$926K10xas long as short
Aster NVDAUSDT+0.0040%8h227.35−0.065%$484K$565K20xas long as short
QFEX NVDA-USD+0.0044%1h227.38−0.053%$1.3M$9.0M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.52+0.009%$74K25xas long as short
Lighter NVDA+0.0048%1h227.36−0.062%$2.1M$3.1M20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.27−0.101%$149.1M$45.9M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.35−0.066%$392K$237K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.27−0.101%$59K$16K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.12−0.167%$1.5M$1.9M15xas long as short
GRVT NVDA_USDT_Perp+0.0051%8h227.25−0.110%$20K$427K10xas long as short
Lighter RH NVDAlong+0.0096%1h227.50long leg$5.3M$7.2M20x
Nado NVDA-PERP+0.0099%1h227.31−0.083%$478K$208K20xas long as short
Pacifica NVDA+0.0100%1h227.22−0.121%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.06−0.193%$16K$45K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.37−0.057%$36K$19K20xas long as short
Variational Omni NVDA+0.0122%8h227.19−0.136%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0128%1h227.39−0.047%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h227.12−0.167%$1.3M$666K10xas long as short
KuCoin NVDAUSDTM+0.0137%8h227.35−0.066%$1.6M$1.4M20xas long as short
Phoenix NVDA+0.0141%1h227.10−0.176%$93K$82K20xas long as short
Binance NVDAUSDT+0.0177%8h227.35−0.066%$155.9M$224.6M50xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.63+0.057%$73K$13730xas long as short
edgeX NVDAUSDC+0.0253%4h227.17−0.145%$171K$1.9M20xas long as short
BloFin NVDA-USDT+0.0294%8h227.41−0.040%$738K$201K20xas long as short
Arcus NVDA-USD+0.0320%1h227.27−0.101%$384K$706K20xas long as short