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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0064%/8h= +7.0% APRnext payment +$0.08 per $10,000 · paid last 24h −0.067%
Price spread now: Hotstuff against Lighter RH−0.075%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · Hotstuff: Active · farm boardneeds both histories
Funding pays, the price is against you. Hotstuff is 0.075% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.075% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 3.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.470.0040pay 0.0005% / 1h46m 03s$5.1M$6.9M20x
ShortHotstuff NVDA-PERP226.300.0104get 0.0013% / 1h46m 03s$35K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Hotstuff 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
$13.44
Price spread: −0.075% → 0.000%
−$7.51
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Hotstuff: 2.5 bp × 2 orders
−$5
Net
$0.93
Costs to cover
0.050%
Break-even
6.5 days
Slippage unknown: Lighter RH: live order book, 3 min ago; Hotstuff: no order-book sample. Net counts fees only.

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 bp1.7 bp −$23.0 bp −$3033.4 bp −$3,337doesn't fit
Sell Hotstuff no order-book sample
Hotstuff: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h226.31−0.071%$12.5M$14.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.31−0.071%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.27−0.088%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.38−0.040%$15.8M$16.3M100xas long as short
SunX NVDA-USDT0.0000%8h225.99−0.212%$2K$3.5M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.25−0.097%$53K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.46−0.004%$198K$437K30xas long as short
Phemex NVDAUSDT0.0000%4h226.57+0.044%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h226.20−0.121%$117K$52K10xas long as short
Lighter NVDA+0.0032%1h226.29−0.077%$2.1M$3.2M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH NVDAlong+0.0040%1h226.47long leg$5.1M$6.9M20x
Arcus NVDA-USD+0.0040%1h226.26−0.093%$392K$736K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.470.000%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.19−0.124%$146.9M$43.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.14−0.146%$391K$242K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.21−0.115%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.11−0.159%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0054%1h226.19−0.122%$480K$223K20xas long as short
GRVT NVDA_USDT_Perp+0.0055%8h226.45−0.009%$21K$428K10xas long as short
QFEX NVDA-USD+0.0072%1h226.30−0.075%$1.3M$9.1M10xas long as short
Aster NVDAUSDT+0.0080%8h226.37−0.045%$482K$538K20xas long as short
Extended NVDA_24_5-USD+0.0096%1h226.19−0.121%$644K$879K10xas long as short
Pacifica NVDA+0.0100%1h226.16−0.138%$297K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.29−0.079%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.30−0.075%$36K$20K20xas long as short
Variational Omni NVDA+0.0104%8h226.46−0.005%$3.3M$2.5Mas long as short
Hotstuff NVDA-PERPshort+0.0104%1h226.30−0.075%$35K20x
KuCoin NVDAUSDTM+0.0109%8h226.32−0.066%$1.6M$903K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.32−0.068%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.29−0.079%$1.3M$696K10xas long as short
Binance NVDAUSDT+0.0166%8h226.36−0.047%$155.1M$220.9M50xas long as short
Phoenix NVDA+0.0212%1h226.19−0.124%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.97+0.221%$73K$13630xas long as short
BloFin NVDA-USDT+0.0286%8h226.36−0.049%$711K$197K20xas long as short
edgeX NVDAUSDC+0.0520%4h226.38−0.038%$171K$1.9M20xas long as short