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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.7% APRnext payment $0.18 per $10,000 · paid last 24h −0.026%
Price spread now: Polymarket Perps against Lighter RH−0.079%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.161% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.118%−$12 on $10k
Price spread, last 7 days−0.025%−$2 · spread now −0.079%, 7d avg −0.095%
Together, before fees−0.143%+ Points / potential airdropLighter RH: Points live · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.440.0224pay 0.0028% / 1h19m 19s$5.1M$6.9M20x
ShortPolymarket Perps NVDA-USD226.260.0080get 0.0010% / 1h19m 19s$391K$247K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$30.17
Price spread: −0.079% → −0.095%
$1.55
Slippage, 4 orders
−$8.1
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$44.72
Costs to cover
0.161%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 4 min ago; Polymarket Perps: live order book, 18 min ago.

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, 4 min ago1.33 bp1.5 bp −$22.9 bp −$2937.2 bp −$3,723doesn't fit
Sell Polymarket Perps live order book, 18 min ago2.21 bp6.2 bp −$67.0 bp −$709.3 bp −$926doesn't fit

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%8h226.29−0.066%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.29−0.066%$14.1M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h226.28−0.071%$7.2M$10.0M100xas long as short
Bitget NVDAUSDT0.0000%8h226.39−0.022%$15.9M$16.7M100xas long as short
SunX NVDA-USDT0.0000%8h225.90−0.238%$3K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.40−0.018%$198K$443K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.075%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h226.08−0.158%$117K$50K10xas long as short
GRVT NVDA_USDT_Perp+0.0035%8h226.34−0.044%$21K$423K10xas long as short
Arcus NVDA-USD+0.0040%1h226.21−0.102%$392K$740K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NVDA-USD-PERP+0.0046%1h226.37−0.031%$74K25xas long as short
Aster NVDAUSDT+0.0048%8h226.35−0.038%$482K$530K20xas long as short
SoDEX NVDA-USD+0.0050%1h226.19−0.110%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.08−0.159%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0064%1h226.30−0.062%$1.3M$9.1M10xas long as short
Variational Omni NVDA+0.0073%8h226.31−0.059%$3.5M$2.2Mas long as short
tradeXYZ xyz:NVDA+0.0080%1h226.17−0.119%$146.9M$43.2M20xas long as short
Polymarket Perps NVDA-USDshort+0.0080%1h226.26−0.079%$391K$247K10x
Hotstuff NVDA-PERP+0.0096%1h226.18−0.115%$35K20xas long as short
Pacifica NVDA+0.0100%1h226.13−0.137%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.30−0.062%$1.6M$783K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.03−0.181%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.30−0.062%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0112%1h226.32−0.053%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.155%$1.3M$697K10xas long as short
Binance NVDAUSDT+0.0134%8h226.34−0.044%$155.3M$219.8M50xas long as short
Lighter NVDA+0.0152%1h226.30−0.064%$2.1M$3.3M20xas long as short
Nado NVDA-PERP+0.0167%1h226.12−0.141%$480K$223K20xas long as short
Phoenix NVDA+0.0177%1h226.13−0.137%$93K$83K20xas long as short
edgeX NVDAUSDC+0.0215%4h226.19−0.111%$170K$1.9M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.78+0.150%$73K$13930xas long as short
Lighter RH NVDAlong+0.0224%1h226.44long leg$5.1M$6.9M20x
BloFin NVDA-USDT+0.0254%8h226.32−0.053%$713K$195K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0281%1h226.25−0.084%$53K$1.9M10xas long as short
Extended NVDA_24_5-USD+0.0320%1h226.09−0.152%$644K$875K10xas long as short