Funding you earn now, next payment 05:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter against Lighter RH−0.067%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$6as in the Price arb table
costs, in and out, $10k−$40.039% of the position
Funding, last 7 days+0.068%+$7 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now −0.067%, 7d avg −0.051%
=Together, before fees+0.091%+ Points / potential airdropLighter RH: Points live · Lighter: Season 3 · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.068%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 227.53 | 0.0136 | pay 0.0017% / 1h | 48m 19s | $5.1M | $7.1M | 20x |
| Short | Lighter NVDA | 227.38 | 0.0040 | get 0.0005% / 1h | 48m 19s | $2.2M | $3.3M | 20x |
Lighter RH NVDA
Lighter NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter 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
- −$20.16
- Price spread: −0.067% → −0.051%
- −$1.65
- Slippage, 4 orders
- −$3.88
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$25.69
- Costs to cover
- 0.039%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 5 min ago; Lighter: live order book, 4 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 | 1.10 bp | 1.7 bp −$2 | 3.2 bp −$32 | 33.4 bp −$3,337 | doesn't fit |
| Sell Lighter live order book, 4 min ago | 0.40 bp | 0.5 bp $0 | 0.9 bp −$9 | 6.5 bp −$650 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0008% | 1h | 227.25 | −0.123% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.45 | −0.035% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.46 | −0.031% | $14.4M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.40 | −0.057% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.50 | −0.013% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.53 | 0.000% | $20K | $390K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.01 | −0.229% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.60 | +0.031% | $198K | $465K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.51 | −0.009% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.32 | −0.093% | $118K | $53K | 10x | as long as short |
Hotstuff NVDA-PERP
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0019% | 8h | 227.45 | −0.035% | $483K | $590K | 20x | as long as short |
| Lighter NVDAshort | +0.0040% | 1h | 227.38 | −0.067% | $2.2M | $3.3M | 20x | |
| Arcus NVDA-USD | +0.0040% | 1h | 227.38 | −0.066% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.43 | −0.044% | $1.3M | $9.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.54 | +0.004% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.30 | −0.101% | $147.7M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.42 | −0.048% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.25 | −0.123% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.21 | −0.141% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0052% | 8h | 227.47 | −0.028% | $3.6M | $2.2M | — | as long as short |
| Nado NVDA-PERP | +0.0057% | 1h | 227.34 | −0.082% | $484K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.29 | −0.106% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.41 | −0.053% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.43 | −0.044% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.40 | −0.057% | $49K | $1.7M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.44 | −0.038% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0104% | 8h | 227.47 | −0.025% | $156.0M | $215.9M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0111% | 8h | 227.46 | −0.031% | $1.6M | $724K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.53 | 0.000% | $1.3M | $775K | 10x | as long as short |
| Lighter RH NVDAlong | +0.0136% | 1h | 227.53 | long leg | $5.1M | $7.1M | 20x | |
| Phoenix NVDA | +0.0141% | 1h | 227.30 | −0.101% | $93K | $112K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0174% | 4h | 227.50 | −0.011% | $171K | $1.9M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.83 | +0.132% | $73K | $136 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0224% | 1h | 227.32 | −0.092% | $675K | $776K | 10x | as long as short |
| BloFin NVDA-USDT | +0.0225% | 8h | 227.51 | −0.009% | $719K | $201K | 20x | as long as short |
Aster NVDAUSDT
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
edgeX NVDAUSDC
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
BloFin NVDA-USDT