Funding you earn now, next payment 07:00 UTC+0.0232%/8h= +25.4% APRnext payment +$0.29 per $10,000 · paid last 24h −0.015%
Price spread now: Extended against Lighter RH−0.139%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$19as in the Price arb table
costs, in and out, $10k−$150.155% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)0.000%$0 · spread now −0.139%, 7d avg −0.107%
=Together, before fees−0.105%+ Points / potential airdropLighter RH: Points live · Extended: Active · farm board−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.032% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.139% now, against its 7-day average of −0.107%). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.105% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.29 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.56 | 0.0152 | pay 0.0019% / 1h | 2m 25s | $5.1M | $7.0M | 20x |
| Short | Extended NVDA_24_5-USD | 226.25 | 0.0384 | get 0.0048% / 1h | 2m 25s | $647K | $872K | 10x |
Lighter RH NVDA
Extended NVDA_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $48.72
- Price spread: −0.139% → −0.107%
- −$3.24
- Slippage, 4 orders
- −$10.49
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $29.99
- Costs to cover
- 0.155%
- Break-even
- 2.7 days
Slippage from Lighter RH: live order book, 6 min ago; Extended: live order book, 41 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, 6 min ago | 0.88 bp | 0.9 bp −$1 | 3.8 bp −$38 | 36.0 bp −$3,595 | doesn't fit |
| Sell Extended live order book, 41 min ago | 0.22 bp | 4.4 bp −$4 | 43.8 bp −$438 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 226.49 | −0.031% | $12.4M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.47 | −0.040% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.45 | −0.049% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.57 | +0.004% | $15.8M | $16.5M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.52 | −0.018% | $21K | $420K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.00 | −0.247% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.80 | +0.106% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.59 | +0.013% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0015% | 8h | 226.41 | −0.068% | $482K | $530K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 226.35 | −0.095% | $117K | $51K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0031% | 8h | 226.57 | +0.002% | $3.5M | $2.3M | — | as long as short |
| Hotstuff NVDA-PERP | +0.0032% | 1h | 226.31 | −0.110% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.45 | −0.049% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.55 | −0.004% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.36 | −0.088% | $147.0M | $43.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.45 | −0.049% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.30 | −0.115% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.14 | −0.185% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.50 | −0.026% | $1.3M | $9.1M | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.28 | −0.124% | $297K | $46K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.53 | −0.013% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.25 | −0.137% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.43 | −0.057% | $36K | $21K | 20x | as long as short |
| Binance NVDAUSDT | +0.0101% | 8h | 226.52 | −0.019% | $154.4M | $218.4M | 50x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.45 | −0.049% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.44 | −0.053% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | −0.119% | $1.3M | $722K | 10x | as long as short |
| Lighter NVDA | +0.0120% | 1h | 226.41 | −0.064% | $2.1M | $3.3M | 20x | as long as short |
| Nado NVDA-PERP | +0.0137% | 1h | 226.28 | −0.122% | $481K | $223K | 20x | as long as short |
| Lighter RH NVDAlong | +0.0152% | 1h | 226.56 | long leg | $5.1M | $7.0M | 20x | |
| BloFin NVDA-USDT | +0.0220% | 8h | 226.51 | −0.022% | $712K | $195K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.94 | +0.168% | $73K | $140 | 30x | as long as short |
| Extended NVDA_24_5-USDshort | +0.0384% | 1h | 226.25 | −0.139% | $647K | $872K | 10x | |
| Deribit NVDA_USDC-PERPETUAL | +0.0413% | 1h | 226.37 | −0.084% | $53K | $1.8M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0771% | 4h | 226.51 | −0.021% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Hotstuff NVDA-PERP
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Binance NVDAUSDT
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter NVDA
Nado NVDA-PERP
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC