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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0006%/8h= +0.7% APRnext payment +$0.01 per $10,000 · paid last 24h +0.031%
Price spread now: Lighter against SoDEX+0.044%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.044% dearer against SoDEX than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NVDA-USD227.320.0050pay 0.0006% / 1h46m 58s$58K$19K10x
ShortLighter NVDA227.420.0056get 0.0007% / 1h46m 58s$2.2M$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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
$1.26
Price spread: +0.044% → 0.000%
$4.4
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.34
Costs to cover
0.080%
Break-even
20.0 days
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 5 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 SoDEX no order-book sample
Sell Lighter live order book, 5 min ago0.40 bp0.5 bp $00.9 bp −$96.5 bp −$650doesn't fit
SoDEX: 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
Bybit NVDAUSDT0.0000%8h227.46+0.062%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.50+0.079%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.40+0.035%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.53+0.092%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.38+0.027%$20K$392K10xas long as short
SunX NVDA-USDT0.0000%8h227.09−0.101%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.60+0.123%$198K$465K30xas long as short
Phemex NVDAUSDT0.0000%4h227.53+0.092%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.27−0.024%$118K$53K10xas long as short
Aster NVDAUSDT+0.0018%8h227.45+0.057%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP+0.0040%1h227.33+0.004%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h227.40+0.035%$399K$741K20xas long as short
QFEX NVDA-USD+0.0041%1h227.44+0.053%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.55+0.101%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.31−0.004%$147.7M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.43+0.048%$401K$276K10xas long as short
SoDEX NVDA-USDlong+0.0050%1h227.32long leg$58K$19K10x
Ondo Perps NVDA-USD.P+0.0050%1h227.21−0.048%$1.6M$2.0M15xas long as short
Variational Omni NVDA+0.0052%8h227.47+0.064%$3.6M$2.2Mas long as short
Lighter NVDAshort+0.0056%1h227.42+0.044%$2.2M$3.3M20x
Nado NVDA-PERP+0.0060%1h227.34+0.008%$484K$227K20xas long as short
Pacifica NVDA+0.0100%1h227.32+0.002%$298K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.22−0.044%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.43+0.048%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.45+0.059%10xas long as short
Binance NVDAUSDT+0.0104%8h227.50+0.079%$156.0M$215.9M50xas long as short
KuCoin NVDAUSDTM+0.0111%8h227.48+0.070%$1.6M$724K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.53+0.092%$1.3M$775K10xas long as short
Phoenix NVDA+0.0141%1h227.30−0.009%$93K$112K20xas long as short
Lighter RH NVDA+0.0152%1h227.57+0.110%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.83+0.224%$73K$13630xas long as short
Extended NVDA_24_5-USD+0.0224%1h227.26−0.024%$674K$778K10xas long as short
BloFin NVDA-USDT+0.0224%8h227.50+0.079%$719K$201K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0278%1h227.40+0.035%$49K$1.7M10xas long as short
edgeX NVDAUSDC+0.0889%4h227.35+0.012%$170K$1.9M20xas long as short