Funding you earn now, next payment 03:00 UTC+0.0079%/8h= +8.7% APRnext payment +$0.10 per $10,000 · paid last 24h −0.002%
Price spread now: Lighter RH against Nado+0.124%7-day average +0.070% · 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−$19as in the Price arb table
costs, in and out, $10k−$250.246% of the position
Funding, last 3 days (all we have)+0.027%+$3 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.124%, 7d avg +0.070%
=Together, before fees−0.026%+ Points / potential airdropNado: Active · Lighter RH: Points live · farm board−$3 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 Lighter RH is 0.054% dearer against Nado than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.070%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 227.55 | 0.0129 | pay 0.0016% / 1h | 4m 33s | $484K | $228K | 20x |
| Short | Lighter RH NVDA | 227.83 | 0.0208 | get 0.0026% / 1h | 4m 33s | $5.1M | $7.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Nado. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $16.65
- Price spread: +0.124% → +0.070%
- $5.38
- Slippage, 4 orders
- −$17.63
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$2.6
- Costs to cover
- 0.246%
- Break-even
- 8.1 days
Slippage from Nado: live order book, 58 min ago; Lighter RH: 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, 58 min ago | 1.10 bp | 8.9 bp −$9 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 4 min ago | 0.88 bp | 0.9 bp −$1 | 3.6 bp −$36 | 32.8 bp −$3,285 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0072% | 1h | 227.54 | −0.004% | $35K | — | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.68 | +0.058% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.73 | +0.080% | $14.4M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.65 | +0.045% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.74 | +0.084% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.18 | −0.162% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.76 | +0.093% | $198K | $475K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.72 | +0.076% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.55 | 0.000% | $118K | $54K | 10x | as long as short |
| Aster NVDAUSDT | +0.0025% | 8h | 227.68 | +0.059% | $483K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NVDA_USDT_Perp | +0.0031% | 8h | 227.69 | +0.062% | $21K | $386K | 10x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.57 | +0.010% | $406K | $745K | 20x | as long as short |
| QFEX NVDA-USD | +0.0044% | 1h | 227.67 | +0.054% | $1.4M | $9.5M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.76 | +0.093% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.54 | −0.004% | $147.9M | $43.7M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.65 | +0.045% | $402K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.49 | −0.025% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.51 | −0.017% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0052% | 8h | 227.61 | +0.028% | $3.5M | $2.1M | — | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0072% | 1h | 227.53 | −0.008% | $1.3M | $775K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.58 | +0.014% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.52 | −0.012% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.61 | +0.027% | $36K | $22K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.57 | +0.010% | $49K | $1.6M | 10x | as long as short |
| Phoenix NVDA | +0.0105% | 1h | 227.49 | −0.025% | $94K | $112K | 20x | as long as short |
| Binance NVDAUSDT | +0.0109% | 8h | 227.73 | +0.078% | $156.3M | $215.8M | 50x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.62 | +0.031% | — | — | 10x | as long as short |
| Nado NVDA-PERPlong | +0.0129% | 1h | 227.55 | long leg | $484K | $228K | 20x | |
| KuCoin NVDAUSDTM | +0.0143% | 8h | 227.71 | +0.071% | $1.6M | $726K | 20x | as long as short |
| Lighter NVDA | +0.0160% | 1h | 227.68 | +0.059% | $2.2M | $3.3M | 20x | as long as short |
| Lighter RH NVDAshort | +0.0208% | 1h | 227.83 | +0.124% | $5.1M | $7.1M | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.98 | +0.190% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0229% | 8h | 227.62 | +0.032% | $722K | $201K | 20x | as long as short |
| edgeX NVDAUSDC | +0.0279% | 4h | 227.65 | +0.047% | $170K | $1.9M | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0416% | 1h | 227.49 | −0.028% | $686K | $733K | 10x | as long as short |
Lighter RH NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDT
GRVT NVDA_USDT_Perp
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Variational Omni NVDA
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
ApeX Omni NVDAUSDT
Deribit NVDA_USDC-PERPETUAL
Phoenix NVDA
Binance NVDAUSDT
KuCoin NVDAUSDTM
Lighter NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
edgeX NVDAUSDC
Extended NVDA_24_5-USD