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+0.0072%/8h= +7.9% APRpaid last 24h −0.026%
Price spread now: Variational Omni against Lighter RH−0.001%7-day average −0.036% · 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)−0.053%−$5 on $10k
Price spread, last 7 days−0.033%−$3 · spread now −0.001%, 7d avg −0.036%
Together, before fees−0.085%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Variational Omni is 0.035% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.036%. Mind the row above: over the last 4 days funding on this pair cost −0.053%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.460.0032pay 0.0004% / 1h47m 20s$5.1M$6.9M20x
ShortVariational Omni NVDA226.460.0104get 0.0104% / 8h7h 47m$3.3M$2.5M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$15.07
Price spread: −0.001% → −0.036%
$3.48
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$18.55
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 1 min ago; Variational Omni: RFQ quote, 2 min ago. 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, 1 min ago1.32 bp1.7 bp −$23.0 bp −$3033.4 bp −$3,337doesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.78 bpdoesn't fit3.2 bp −$32doesn't fitdoesn'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%8h226.33−0.057%$12.5M$14.5M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.39−0.031%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.31−0.066%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.39−0.031%$15.8M$16.3M100xas long as short
SunX NVDA-USDT0.0000%8h226.07−0.172%$2K$3.5M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.28−0.079%$53K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h226.45−0.004%$198K$437K30xas long as short
Phemex NVDAUSDT0.0000%4h226.59+0.057%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0014%1h226.21−0.111%$117K$51K10xas long as short
Lighter NVDA+0.0032%1h226.29−0.073%$2.1M$3.2M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH NVDAlong+0.0032%1h226.46long leg$5.1M$6.9M20x
Arcus NVDA-USD+0.0040%1h226.35−0.049%$392K$737K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.51+0.022%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.22−0.106%$146.9M$43.3M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.25−0.093%$391K$242K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.23−0.102%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.22−0.106%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0053%1h226.33−0.056%$481K$223K20xas long as short
GRVT NVDA_USDT_Perp+0.0055%8h226.45−0.004%$21K$428K10xas long as short
QFEX NVDA-USD+0.0072%1h226.36−0.044%$1.3M$9.1M10xas long as short
Aster NVDAUSDT+0.0080%8h226.39−0.031%$482K$538K20xas long as short
Pacifica NVDA+0.0100%1h226.25−0.092%$297K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.29−0.075%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.37−0.040%$36K$20K20xas long as short
Variational Omni NVDAshort+0.0104%8h226.46−0.001%$3.3M$2.5M
Hotstuff NVDA-PERP+0.0104%1h226.30−0.071%$35K20xas long as short
KuCoin NVDAUSDTM+0.0110%8h226.39−0.031%$1.6M$898K20xas long as short
Extended NVDA_24_5-USD+0.0112%1h226.20−0.115%$644K$879K10xas long as short
Aevo NVDA-PERP+0.0120%1h226.35−0.049%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.29−0.075%$1.3M$696K10xas long as short
Binance NVDAUSDT+0.0166%8h226.38−0.035%$155.1M$220.8M50xas long as short
Phoenix NVDA+0.0212%1h226.19−0.119%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.97+0.225%$73K$13630xas long as short
BloFin NVDA-USDT+0.0286%8h226.36−0.044%$711K$197K20xas long as short
edgeX NVDAUSDC+0.0520%4h226.38−0.033%$171K$1.9M20xas long as short