NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h +0.067%

Price spread now: Lighter RH against Hotstuff+0.106%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Hotstuff Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories

The price spread pays, funding is against you. Lighter RH is 0.106% dearer against Hotstuff than usual: you sell high and buy low (spread +0.106% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Hotstuff NVDA-PERP	226.09	0.0064	pay 0.0008% / 1h	36m 50s	$35K	—	20x
Short	Lighter RH NVDA	226.33	0.0032	get 0.0004% / 1h	36m 50s	$5.1M	$7.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Hotstuff. 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 HotstuffbpFee Lighter RHbpOrdersPrice spread, now +0.106%Rate

Funding earned: −$6.72
Price spread: +0.106% → 0.000%: $10.62
Slippage, 4 orders: no order book: not counted
Fee Hotstuff: 2.5 bp × 2 orders: −$5
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$1.1
Costs to cover: 0.050%
Break-even: from the start

Slippage unknown: Hotstuff: no order-book sample; Lighter RH: live order book, 2 min ago. Net counts fees only.

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 Hotstuff no order-book sample	—	—	—	—	—
Sell Lighter RH live order book, 2 min ago	1.55 bp	1.8 bp −$2	4.1 bp −$41	32.7 bp −$3,268	doesn't fit

Hotstuff: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit NVDAUSDT	0.0000%	8h	226.15	+0.027%	$12.5M	$14.6M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.15	+0.027%	$14.1M	$20.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.15	+0.027%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.22	+0.057%	$15.8M	$16.1M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.29	+0.088%	$21K	$428K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.93	−0.071%	$2K	$3.5M	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	0.0000%	1h	226.16	+0.031%	$53K	$1.9M	10x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.31	+0.097%	$198K	$437K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.48	+0.172%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.09	−0.001%	$117K	$52K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter NVDA	+0.0032%	1h	226.17	+0.034%	$2.1M	$3.2M	20x	as long as short
Lighter RH NVDAshort	+0.0032%	1h	226.33	+0.106%	$5.1M	$7.0M	20x
Extended NVDA_24_5-USD	+0.0032%	1h	226.10	+0.004%	$644K	$872K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.20	+0.049%	$392K	$736K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.37	+0.124%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.07	−0.009%	$146.8M	$43.0M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.09	0.000%	$391K	$240K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.08	−0.004%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.03	−0.027%	$1.6M	$1.9M	15x	as long as short
Nado NVDA-PERP	+0.0057%	1h	226.12	+0.013%	$480K	$222K	20x	as long as short
Hotstuff NVDA-PERPlong	+0.0064%	1h	226.09	long leg	$35K	—	20x
QFEX NVDA-USD	+0.0072%	1h	226.26	+0.075%	$1.3M	$9.0M	10x	as long as short
Aster NVDAUSDT	+0.0074%	8h	226.19	+0.043%	$481K	$538K	20x	as long as short
edgeX NVDAUSDC	+0.0081%	4h	226.27	+0.082%	$171K	$1.9M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.06	−0.013%	$297K	$50K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.17	+0.035%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.19	+0.044%	$36K	$20K	20x	as long as short
Variational Omni NVDA	+0.0103%	8h	226.23	+0.061%	$3.2M	$2.5M	—	as long as short
KuCoin NVDAUSDTM	+0.0105%	8h	226.25	+0.071%	$1.6M	$939K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.23	+0.061%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0136%	1h	226.29	+0.088%	$1.3M	$687K	10x	as long as short
Binance NVDAUSDT	+0.0159%	8h	226.19	+0.043%	$154.9M	$220.9M	50x	as long as short
Phoenix NVDA	+0.0212%	1h	226.13	+0.018%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.97	+0.389%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0279%	8h	226.29	+0.088%	$715K	$197K	20x	as long as short