NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0144%/8h= +15.7% APRnext payment +$0.18 per $10,000 · paid last 24h +0.026%

Price spread now: Lighter RH against Polymarket Perps+0.080%7-day average +0.095% · you sell dearer than you buy

Net, funding: paid 7d − costs−$4as in the Funding arb table

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

costs, in and out, $10k−$160.161% of the position

Long on Polymarket Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 7 days+0.025%+$2 · spread now +0.080%, 7d avg +0.095%

Together, before fees+0.143%+ Points / potential airdropLighter RH: Points live · farm board+$14 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.095%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps NVDA-USD	226.26	0.0080	pay 0.0010% / 1h	19m 21s	$391K	$247K	10x
Short	Lighter RH NVDA	226.44	0.0224	get 0.0028% / 1h	19m 21s	$5.1M	$6.9M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket 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

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.080%Rate

Funding earned: $30.17
Price spread: +0.080% → +0.095%: −$1.54
Slippage, 4 orders: −$8.1
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: $12.54
Costs to cover: 0.161%
Break-even: 4.1 days

Slippage from Polymarket Perps: live order book, 18 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 Polymarket Perps live order book, 18 min ago	2.21 bp	7.1 bp −$7	7.3 bp −$73	8.5 bp −$854	doesn't fit
Sell Lighter RH live order book, 4 min ago	1.33 bp	1.3 bp −$1	2.5 bp −$25	29.2 bp −$2,920	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	226.29	+0.013%	$12.4M	$14.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.29	+0.013%	$14.1M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.28	+0.009%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.39	+0.057%	$15.9M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.90	−0.159%	$3K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.40	+0.062%	$198K	$443K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.61	+0.155%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	226.08	−0.079%	$117K	$50K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0035%	8h	226.34	+0.035%	$21K	$423K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.21	−0.022%	$392K	$740K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest NVDA-USD-PERP	+0.0046%	1h	226.37	+0.049%	—	$74K	25x	as long as short
Aster NVDAUSDT	+0.0048%	8h	226.35	+0.041%	$482K	$530K	20x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.19	−0.031%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.08	−0.080%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.30	+0.018%	$1.3M	$9.1M	10x	as long as short
Variational Omni NVDA	+0.0073%	8h	226.31	+0.020%	$3.5M	$2.2M	—	as long as short
tradeXYZ xyz:NVDA	+0.0080%	1h	226.17	−0.040%	$146.9M	$43.2M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0080%	1h	226.26	long leg	$391K	$247K	10x
Hotstuff NVDA-PERP	+0.0096%	1h	226.18	−0.035%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.13	−0.057%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.30	+0.018%	$1.6M	$783K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.03	−0.102%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.30	+0.018%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.32	+0.026%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.075%	$1.3M	$697K	10x	as long as short
Binance NVDAUSDT	+0.0134%	8h	226.34	+0.035%	$155.3M	$219.8M	50x	as long as short
Lighter NVDA	+0.0152%	1h	226.30	+0.016%	$2.1M	$3.3M	20x	as long as short
Nado NVDA-PERP	+0.0167%	1h	226.12	−0.062%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.13	−0.057%	$93K	$83K	20x	as long as short
edgeX NVDAUSDC	+0.0215%	4h	226.19	−0.031%	$170K	$1.9M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.78	+0.230%	$73K	$139	30x	as long as short
Lighter RH NVDAshort	+0.0224%	1h	226.44	+0.080%	$5.1M	$6.9M	20x
BloFin NVDA-USDT	+0.0254%	8h	226.32	+0.027%	$713K	$195K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0281%	1h	226.25	−0.004%	$53K	$1.9M	10x	as long as short
Extended NVDA_24_5-USD	+0.0320%	1h	226.09	−0.073%	$644K	$875K	10x	as long as short