NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.03 per $10,000 · paid last 24h −0.012%

Price spread now: Pacifica against Lighter RH−0.102%7-day average −0.105% · 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−$21as in the Price arb table

costs, in and out, $10k−$210.214% of the position

Long on Lighter RH Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days−0.048%−$5 on $10k

Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.102%, 7d avg −0.105%

Together, before fees−0.018%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.105%, so right now this pair is about funding alone: −$1 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	227.63	0.0120	pay 0.0015% / 1h	51m 55s	$5.1M	$7.1M	20x
Short	Pacifica NVDA	227.40	0.0100	get 0.0013% / 1h	51m 55s	$298K	$51K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica 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 PacificabpOrdersPrice spread, now −0.102%Rate

Funding earned: −$4.2
Price spread: −0.102% → −0.105%: $0.29
Slippage, 4 orders: −$13.42
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Pacifica: 4 bp × 2 orders: −$8
Net: −$25.34
Costs to cover: 0.214%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 7 min ago; Pacifica: live order book, 1 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, 7 min ago	0.22 bp	1.9 bp −$2	2.6 bp −$26	37.2 bp −$3,721	doesn't fit
Sell Pacifica live order book, 1 min ago	1.98 bp	8.5 bp −$8	doesn't fit	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	227.52	−0.048%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.47	−0.070%	$14.4M	$20.5M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.37	−0.114%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.44	−0.083%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.52	−0.048%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.64	+0.006%	$20K	$390K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.10	−0.233%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.71	+0.035%	$198K	$466K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.55	−0.035%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.40	−0.099%	$118K	$53K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0021%	8h	227.49	−0.062%	$483K	$590K	20x	as long as short
Lighter NVDA	+0.0040%	1h	227.47	−0.072%	$2.2M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.46	−0.075%	$399K	$741K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.49	−0.062%	$1.3M	$9.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.63	0.000%	—	$74K	25x	as long as short
Nado NVDA-PERP	+0.0049%	1h	227.40	−0.100%	$484K	$228K	20x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.36	−0.119%	$147.8M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.50	−0.057%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.36	−0.119%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.30	−0.145%	$1.6M	$2.0M	15x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.43	−0.088%	$49K	$1.7M	10x	as long as short
Variational Omni NVDA	+0.0058%	8h	227.54	−0.042%	$3.6M	$2.2M	—	as long as short
Pacifica NVDAshort	+0.0100%	1h	227.40	−0.102%	$298K	$51K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.42	−0.092%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.44	−0.083%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.49	−0.059%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0106%	8h	227.51	−0.053%	$156.0M	$215.9M	50x	as long as short
KuCoin NVDAUSDTM	+0.0113%	8h	227.51	−0.053%	$1.6M	$724K	20x	as long as short
Lighter RH NVDAlong	+0.0120%	1h	227.63	long leg	$5.1M	$7.1M	20x
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	−0.044%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.46	−0.075%	$94K	$112K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.92	+0.127%	$73K	$135	30x	as long as short
BloFin NVDA-USDT	+0.0227%	8h	227.54	−0.040%	$720K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0240%	1h	227.36	−0.119%	$675K	$777K	10x	as long as short
edgeX NVDAUSDC	+0.0658%	4h	227.50	−0.059%	$171K	$1.9M	20x	as long as short