NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0048%/8h= −5.2% APRnext payment −$0.06 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter against Nado+0.059%7-day average +0.019% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$220.219% of the position

Long on Nado Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.028%+$3 on $10k

Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.059%, 7d avg +0.019%

Together, before fees−0.002%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board$0 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Lighter is 0.040% dearer against Nado than usual: you sell high and buy low (spread +0.059% now, against its 7-day average of +0.019%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado NVDA-PERP	227.12	0.0096	pay 0.0012% / 1h	1m 12s	$478K	$210K	20x
Short	Lighter NVDA	227.26	0.0048	get 0.0006% / 1h	1m 12s	$2.1M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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 NadobpFee LighterbpOrdersPrice spread, now +0.059%Rate

Funding earned: −$10.05
Price spread: +0.059% → +0.019%: $4
Slippage, 4 orders: −$14.88
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Lighter: 0 bp × 2 orders: $0
Net: −$27.92
Costs to cover: 0.219%
Break-even: never at this rate

Slippage from Nado: live order book, 49 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 Nado live order book, 49 min ago	1.10 bp	8.6 bp −$9	19.3 bp −$193	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.31 bp	0.4 bp $0	0.7 bp −$7	7.2 bp −$716	doesn't fit

NVDA on 35 exchanges

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	−0.1600%	1h	226.47	−0.288%	$35K	—	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.31	+0.082%	$12.8M	$15.9M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.32	+0.086%	$14.3M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.25	+0.056%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.27	+0.064%	$15.6M	$16.1M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.86	−0.116%	$2K	$3.4M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	227.16	+0.016%	$17K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.32	+0.086%	$198K	$400K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.26	+0.060%	$2.2M	$41K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0011%	8h	227.30	+0.076%	$20K	$433K	10x	as long as short

Show all 35 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSD	+0.0011%	1h	227.05	−0.034%	$117K	$52K	10x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.10	−0.010%	$617K	$930K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.39	+0.117%	—	$74K	25x	as long as short
Aster NVDAUSDT	+0.0046%	8h	227.25	+0.056%	$484K	$566K	20x	as long as short
QFEX NVDA-USD	+0.0047%	1h	227.21	+0.038%	$1.3M	$9.0M	10x	as long as short
Lighter NVDAshort	+0.0048%	1h	227.26	+0.059%	$2.1M	$3.2M	20x
tradeXYZ xyz:NVDA	+0.0050%	1h	227.17	+0.020%	$148.4M	$45.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.13	+0.003%	$393K	$241K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.16	+0.016%	$59K	$16K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.04	−0.037%	$1.5M	$1.9M	15x	as long as short
edgeX NVDAUSDC	+0.0054%	4h	227.19	+0.030%	$170K	$1.9M	20x	as long as short
Nado NVDA-PERPlong	+0.0096%	1h	227.12	long leg	$478K	$210K	20x
Pacifica NVDA	+0.0100%	1h	227.07	−0.022%	$298K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.05	−0.032%	$16K	$45K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.27	+0.064%	$36K	$19K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.11	−0.006%	$93K	$83K	20x	as long as short
Variational Omni NVDA	+0.0111%	8h	227.17	+0.021%	$3.3M	$2.4M	—	as long as short
Aevo NVDA-PERP	+0.0120%	1h	227.44	+0.138%	—	—	10x	as long as short
KuCoin NVDAUSDTM	+0.0127%	8h	227.18	+0.025%	$1.6M	$1.3M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.45	−0.297%	$1.3M	$659K	10x	as long as short
Lighter RH NVDA	+0.0144%	1h	227.38	+0.113%	$5.1M	$7.3M	20x	as long as short
Binance NVDAUSDT	+0.0160%	8h	227.31	+0.083%	$155.9M	$225.3M	50x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.53	+0.179%	$73K	$141	30x	as long as short
Arcus NVDA-USD	+0.0225%	1h	227.22	+0.042%	$384K	$704K	20x	as long as short
BloFin NVDA-USDT	+0.0280%	8h	227.31	+0.082%	$726K	$203K	20x	as long as short