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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0038%/8h= +4.1% APRnext payment +$0.05 per $10,000 · paid last 24h +0.019%
Price spread now: Lighter against Ondo Perps+0.124%7-day average +0.085% · you sell dearer than you buy
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 7 days+0.201%+$20 on $10k
Price spread, last 7 days−0.009%−$1 · spread now +0.124%, 7d avg +0.085%
Together, before fees+0.192%+ Points / potential airdropOndo Perps: Active · Lighter: Season 3 · farm board+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.039% dearer against Ondo Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.085%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps NVDA-USD.P227.320.0050pay 0.0006% / 1h54m 56s$1.6M$2.0M15x
ShortLighter NVDA227.600.0088get 0.0011% / 1h54m 56s$2.2M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Ondo Perps. 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
$7.9
Price spread: +0.124% → +0.085%
$3.87
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Lighter: 0 bp × 2 orders
$0
Net
$6.76
Costs to cover
0.050%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 12 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 Ondo Perps no order-book sample
Sell Lighter live order book, 12 min ago0.42 bp0.7 bp −$11.9 bp −$198.5 bp −$849doesn't fit
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Aster NVDAUSDT0.0000%8h227.56+0.104%$483K$586K20xas long as short
Bybit NVDAUSDT0.0000%8h227.60+0.123%$12.7M$15.4M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.55+0.101%$14.4M$20.8M50xas long as short
Gate NVDA_USDT0.0000%8h227.50+0.079%$7.2M$9.6M100xas long as short
Variational Omni NVDA0.0000%8h227.56+0.107%$3.6M$1.9Mas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.64+0.142%$20K$406K10xas long as short
SunX NVDA-USDT0.0000%8h227.15−0.075%$2K$3.9M20xas long as short
HTX NVDA-USDT0.0000%8h227.48+0.070%$197K$523K30xas long as short
Phemex NVDAUSDT0.0000%4h227.66+0.150%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0015%1h227.44+0.053%$118K$56K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NVDAUSDT+0.0024%8h227.62+0.132%$15.5M$17.2M100xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.29−0.014%$535K$447K10xas long as short
Binance NVDAUSDT+0.0035%8h227.61+0.128%$156.4M$219.1M50xas long as short
Arcus NVDA-USD+0.0040%1h227.46+0.062%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.59+0.119%$1.6M$11.4M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.70+0.167%$74K25xas long as short
SoDEX NVDA-USD+0.0050%1h227.44+0.053%$58K$20K10xas long as short
Ondo Perps NVDA-USD.Plong+0.0050%1h227.32long leg$1.6M$2.0M15x
Nado NVDA-PERP+0.0054%1h227.50+0.080%$483K$229K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.53+0.092%$49K$1.4M10xas long as short
Hotstuff NVDA-PERP+0.0072%1h227.43+0.048%$35K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0080%1h227.47+0.066%$1.3M$826K10xas long as short
Aevo NVDA-PERP+0.0088%1h227.50+0.080%10xas long as short
Lighter NVDAshort+0.0088%1h227.60+0.124%$2.2M$3.2M20x
Pacifica NVDA+0.0100%1h227.44+0.053%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.44+0.053%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.57+0.110%$36K$22K20xas long as short
Polymarket Perps NVDA-USD+0.0103%1h227.51+0.084%$402K$289K10xas long as short
Phoenix NVDA+0.0106%1h227.48+0.070%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0117%8h227.60+0.123%$1.6M$742K20xas long as short
BloFin NVDA-USDT+0.0139%8h227.63+0.136%$714K$205K20xas long as short
Lighter RH NVDA+0.0144%1h227.72+0.176%$5.1M$7.1M20xas long as short
tradeXYZ xyz:NVDA+0.0152%1h227.44+0.053%$148.0M$49.0M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.89+0.251%$73K$13530xas long as short
edgeX NVDAUSDC+0.0387%4h227.61+0.129%$170K$1.9M20xas long as short