Funding you earn now, next payment 05:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: Lighter RH against Pacifica+0.103%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$220.219% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.103%, 7d avg +0.105%
=Together, before fees+0.018%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 227.40 | 0.0100 | pay 0.0013% / 1h | 52m 36s | $298K | $51K | 10x |
| Short | Lighter RH NVDA | 227.63 | 0.0128 | get 0.0016% / 1h | 52m 36s | $5.1M | $7.1M | 20x |
Pacifica NVDA
Lighter RH NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Pacifica. 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
- $5.88
- Price spread: +0.103% → +0.105%
- −$0.28
- Slippage, 4 orders
- −$13.88
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- −$16.28
- Costs to cover
- 0.219%
- Break-even
- 26.4 days
Slippage from Pacifica: live order book, 66 min ago; Lighter RH: live order book, 6 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 Pacifica live order book, 66 min ago | 1.98 bp | 9.7 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter RH live order book, 6 min ago | 0.22 bp | 0.2 bp $0 | 2.7 bp −$27 | 35.8 bp −$3,582 | 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 | 227.52 | +0.054% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.49 | +0.041% | $14.4M | $20.5M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 227.37 | −0.012% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.46 | +0.028% | $7.2M | $9.6M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.53 | +0.059% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.64 | +0.108% | $20K | $390K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.14 | −0.113% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.71 | +0.138% | $198K | $466K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.63 | +0.103% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0013% | 1h | 227.42 | +0.009% | $118K | $53K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Hotstuff NVDA-PERP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NVDA_USDC-PERPETUAL | +0.0014% | 1h | 227.44 | +0.019% | $49K | $1.7M | 10x | as long as short |
| Aster NVDAUSDT | +0.0021% | 8h | 227.54 | +0.065% | $483K | $590K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.46 | +0.028% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.49 | +0.041% | $1.3M | $9.2M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.64 | +0.107% | — | $74K | 25x | as long as short |
| Nado NVDA-PERP | +0.0047% | 1h | 227.42 | +0.012% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0048% | 1h | 227.49 | +0.041% | $2.2M | $3.3M | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.37 | −0.012% | $147.8M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.49 | +0.041% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.37 | −0.012% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.30 | −0.043% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0058% | 8h | 227.54 | +0.061% | $3.6M | $2.2M | — | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 227.40 | long leg | $298K | $51K | 10x | |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.42 | +0.010% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.45 | +0.023% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.52 | +0.053% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0106% | 8h | 227.53 | +0.059% | $156.0M | $215.9M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0114% | 8h | 227.54 | +0.063% | $1.6M | $724K | 20x | as long as short |
| Lighter RH NVDAshort | +0.0128% | 1h | 227.63 | +0.103% | $5.1M | $7.1M | 20x | |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.53 | +0.059% | $1.3M | $775K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.46 | +0.028% | $94K | $112K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.92 | +0.230% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0227% | 8h | 227.54 | +0.063% | $720K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0240% | 1h | 227.40 | −0.001% | $675K | $777K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0658% | 4h | 227.50 | +0.043% | $171K | $1.9M | 20x | as long as short |
Deribit NVDA_USDC-PERPETUAL
Aster NVDAUSDT
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
Nado NVDA-PERP
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC