Funding you earn now, next payment 08:00 UTC+0.0031%/8h= +3.4% APRpaid last 24h +0.012%
Price spread now: BloFin against Lighter RH−0.018%91s7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$8as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$160.159% of the position
Funding, last 7 days+0.082%+$8 on $10k
+Price spread, last 4 days (all we have)−0.089%−$9 · spread now −0.018%, 7d avg −0.048%
=Together, before fees−0.008%+ Points / potential airdropLighter RH: Points live · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.030% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 91 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.40 | 0.0224 | pay 0.0028% / 1h | 15m 31s | $5.1M | $7.0M | 20x |
| Short | BloFin NVDA-USDT | 226.36 | 0.0255 | get 0.0255% / 8h | 15m 31s | $712K | $195K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $6.45
- Price spread: −0.018% → −0.048%
- $3.02
- Slippage, 4 orders
- −$3.87
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$6.4
- Costs to cover
- 0.159%
- Break-even
- 13.9 days
Slippage from Lighter RH: live order book, 3 min ago; BloFin: live order book, 66 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 RH live order book, 3 min ago | 0.88 bp | 1.7 bp −$2 | 4.0 bp −$40 | 34.1 bp −$3,405 | doesn't fit |
| Sell BloFin live order book, 66 min ago | 0.66 bp | 6.7 bp −$7 | 7.0 bp −$70 | 13.2 bp −$1,324 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.30 | −0.044% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.37 | −0.013% | $14.1M | $20.4M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 226.16 | −0.106% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.29 | −0.049% | $7.2M | $10.0M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.41 | +0.004% | $15.9M | $16.7M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.95 | −0.199% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.40 | 0.000% | $198K | $443K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.62 | +0.097% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 226.08 | −0.142% | $117K | $50K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0035% | 8h | 226.32 | −0.034% | $21K | $423K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.26 | −0.062% | $392K | $738K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.36 | −0.018% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.20 | −0.088% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.07 | −0.146% | $1.6M | $1.9M | 15x | as long as short |
| Aster NVDAUSDT | +0.0052% | 8h | 226.31 | −0.040% | $482K | $530K | 20x | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.30 | −0.044% | $1.3M | $9.1M | 10x | as long as short |
| Variational Omni NVDA | +0.0077% | 8h | 226.31 | −0.040% | $3.5M | $2.2M | — | as long as short |
| Polymarket Perps NVDA-USD | +0.0077% | 1h | 226.29 | −0.049% | $391K | $247K | 10x | as long as short |
| tradeXYZ xyz:NVDA | +0.0082% | 1h | 226.16 | −0.106% | $146.9M | $43.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.16 | −0.106% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.34 | −0.027% | $1.6M | $796K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.14 | −0.115% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.30 | −0.044% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.34 | −0.026% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.137% | $1.3M | $697K | 10x | as long as short |
| Binance NVDAUSDT | +0.0137% | 8h | 226.33 | −0.029% | $155.3M | $219.8M | 50x | as long as short |
| Lighter NVDA | +0.0152% | 1h | 226.26 | −0.063% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0168% | 1h | 226.19 | −0.093% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.19 | −0.093% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.78 | +0.168% | $73K | $139 | 30x | as long as short |
| Lighter RH NVDAlong | +0.0224% | 1h | 226.40 | long leg | $5.1M | $7.0M | 20x | |
| BloFin NVDA-USDTshort | +0.0255% | 8h | 226.36 | −0.018% | $712K | $195K | 20x | |
| Extended NVDA_24_5-USD | +0.0328% | 1h | 226.04 | −0.157% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.28 | −0.053% | $53K | $1.9M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0800% | 4h | 226.35 | −0.021% | $170K | $1.9M | 20x | as long as short |
Lighter RH NVDA
BloFin NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
SoDEX NVDA-USD
Aster NVDAUSDT
Variational Omni NVDA
Polymarket Perps NVDA-USD
tradeXYZ xyz:NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Lighter NVDA
Phoenix NVDA
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC