NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0094%/8h= −10.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.024%

Price spread now: tradeXYZ against Lighter RH−0.079%7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$30as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$220.223% of the position

Long on Lighter RH Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.081%−$8 on $10k

Price spread, last 7 days−0.005%$0 · spread now −0.079%, 7d avg −0.107%

Together, before fees−0.086%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.028% dearer against Lighter RH than usual: you sell high and buy low (spread −0.079% now, against its 7-day average of −0.107%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.081% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	227.06	0.0144	pay 0.0018% / 1h	57m 07s	$5.1M	$6.9M	20x
Short	tradeXYZ xyz:NVDA	226.88	0.0050	get 0.0006% / 1h	57m 07s	$147.8M	$44.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.079%Rate

Funding earned: −$19.74
Price spread: −0.079% → −0.107%: $2.79
Slippage, 4 orders: −$4.26
Fee Lighter RH: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$39.21
Costs to cover: 0.223%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 1 min ago; tradeXYZ: live order book, 3 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, 1 min ago	1.32 bp	1.4 bp −$1	2.4 bp −$24	35.5 bp −$3,554	doesn't fit
Sell tradeXYZ live order book, 3 min ago	0.22 bp	9.4 bp −$9	10.7 bp −$107	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	226.99	−0.031%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.05	−0.004%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.97	−0.040%	$7.2M	$9.3M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.06	0.000%	$15.7M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.56	−0.220%	$2K	$3.5M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.00	−0.026%	$198K	$436K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.02	−0.018%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	226.86	−0.090%	$117K	$51K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	226.72	−0.149%	$641K	$885K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.04	−0.009%	—	$74K	25x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX NVDA-USD	+0.0047%	1h	226.87	−0.084%	$1.3M	$9.1M	10x	as long as short
Hotstuff NVDA-PERP	+0.0048%	1h	226.74	−0.141%	$35K	—	20x	as long as short
tradeXYZ xyz:NVDAshort	+0.0050%	1h	226.88	−0.079%	$147.8M	$44.9M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	226.80	−0.115%	$392K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.80	−0.115%	$59K	$18K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.70	−0.159%	$1.6M	$1.9M	15x	as long as short
GRVT NVDA_USDT_Perp	+0.0053%	8h	226.94	−0.052%	$21K	$433K	10x	as long as short
Lighter NVDA	+0.0056%	1h	226.91	−0.066%	$2.1M	$3.1M	20x	as long as short
Aster NVDAUSDT	+0.0083%	8h	226.96	−0.044%	$485K	$543K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.72	−0.152%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.76	−0.132%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.89	−0.075%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0111%	8h	226.94	−0.052%	$3.3M	$2.5M	—	as long as short
Nado NVDA-PERP	+0.0114%	1h	226.80	−0.116%	$482K	$221K	20x	as long as short
KuCoin NVDAUSDTM	+0.0120%	8h	226.95	−0.048%	$1.6M	$1.1M	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.92	−0.062%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.48	−0.255%	$1.3M	$681K	10x	as long as short
Lighter RH NVDAlong	+0.0144%	1h	227.06	long leg	$5.1M	$6.9M	20x
Deribit NVDA_USDC-PERPETUAL	+0.0147%	1h	226.85	−0.092%	$53K	$1.9M	10x	as long as short
Binance NVDAUSDT	+0.0168%	8h	226.97	−0.041%	$155.6M	$223.3M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.87	−0.084%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.48	+0.185%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	226.85	−0.092%	$392K	$739K	20x	as long as short
BloFin NVDA-USDT	+0.0288%	8h	226.95	−0.048%	$717K	$202K	20x	as long as short
edgeX NVDAUSDC	+0.0289%	4h	226.94	−0.051%	$171K	$1.9M	20x	as long as short