NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0080%/8h= +8.8% APRnext payment +$0.10 per $10,000 · paid last 24h +0.002%

Price spread now: Coinbase International against Lighter RH−0.097%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.017%−$2 on $10k

Price spread, last 3 days (all we have)−0.110%−$11 · spread now −0.097%, 7d avg −0.112%

Together, before fees−0.127%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	227.23	0.0032	pay 0.0004% / 1h	3m 31s	$4.9M	$7.0M	20x
Short	Coinbase International NVDA-PERP-INTX	227.01	0.0112	get 0.0014% / 1h	3m 31s	$1.3M	$911K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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

Position, each leg$Hold fordaysFee Lighter RHbpFee Coinbase InternationalbpOrdersPrice spread, now −0.097%Rate

Funding earned: $16.8
Price spread: −0.097% → −0.112%: $1.47
Slippage, 4 orders: −$9.34
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$1.07
Costs to cover: 0.193%
Break-even: 7.4 days

Slippage from Lighter RH: live order book, 5 min ago; Coinbase International: live order book, 5 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, 5 min ago	1.32 bp	1.5 bp −$1	3.7 bp −$37	33.0 bp −$3,303	doesn't fit
Sell Coinbase International live order book, 5 min ago	1.98 bp	8.1 bp −$8	11.0 bp −$110	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	227.00	−0.101%	$473K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.14	−0.040%	$156.1M	$220.9M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.09	−0.062%	$12.6M	$15.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.10	−0.057%	$14.4M	$21.2M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	226.95	−0.123%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.06	−0.075%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.07	−0.068%	$3.5M	$2.4M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.10	−0.057%	$21K	$468K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.79	−0.194%	$2K	$4.0M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.05	−0.079%	$49K	$1.5M	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NVDA-USDT	0.0000%	8h	227.13	−0.044%	$202K	$526K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.11	−0.053%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0014%	1h	226.97	−0.112%	$118K	$55K	10x	as long as short
QFEX NVDA-USD	+0.0030%	1h	227.09	−0.062%	$1.6M	$11.3M	10x	as long as short
Lighter RH NVDAlong	+0.0032%	1h	227.23	long leg	$4.9M	$7.0M	20x
Extended NVDA_24_5-USD	+0.0032%	1h	226.94	−0.128%	$522K	$409K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.08	−0.066%	$15.6M	$18.3M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.20	−0.013%	—	$73K	25x	as long as short
Nado NVDA-PERP	+0.0049%	1h	226.97	−0.115%	$487K	$226K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.96	−0.119%	$147.0M	$50.3M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.06	−0.075%	$400K	$261K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.95	−0.123%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.93	−0.132%	$1.6M	$2.1M	15x	as long as short
Phoenix NVDA	+0.0070%	1h	226.99	−0.106%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.10	−0.057%	—	—	10x	as long as short
Lighter NVDA	+0.0096%	1h	227.14	−0.041%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.96	−0.120%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.10	−0.057%	$1.6M	$754K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.97	−0.114%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.09	−0.062%	$36K	$22K	20x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0112%	1h	227.01	−0.097%	$1.3M	$911K	10x
BloFin NVDA-USDT	+0.0120%	8h	227.07	−0.070%	$714K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.40	+0.075%	$73K	$138	30x	as long as short
Arcus NVDA-USD	+0.0419%	1h	227.09	−0.062%	$384K	$695K	20x	as long as short
edgeX NVDAUSDC	+0.0517%	4h	227.07	−0.068%	$170K	$1.9M	20x	as long as short