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+0.0152%/8h= +16.6% APRpaid last 24h +0.042%
Price spread now: Lighter RH against HTX0.000%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$230.226% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.228%+$23 on $10k
Price spread, last 4 days (all we have)+0.118%+$12 · spread now 0.000%, 7d avg +0.072%
Together, before fees+0.346%+ Points / potential airdropLighter RH: Points live · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.072% cheaper against HTX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.072%). If the spread goes back, that is −$7 on $10k: about 38 hours of funding at the current rate (+$5 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX NVDA-USDT227.520get 0.0000% / 8h3h 44m$198K$465K30x
ShortLighter RH NVDA227.520.0152get 0.0019% / 1h44m 00s$5.1M$7.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against HTX. 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
$31.92
Price spread: 0.000% → +0.072%
−$7.17
Slippage, 4 orders
−$10.55
Fee HTX: 6 bp × 2 orders
−$12
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$2.2
Costs to cover
0.226%
Break-even
6.5 days
Slippage from HTX: live order book, 9 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy HTX live order book, 9 min ago0.22 bp8.2 bp −$89.7 bp −$9718.1 bp −$1,815doesn't fit
Sell Lighter RH live order book, 5 min ago0.66 bp1.1 bp −$13.3 bp −$3335.0 bp −$3,497doesn't fit

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%8h227.39−0.057%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.37−0.066%$14.3M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.34−0.079%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.43−0.040%$15.4M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.38−0.061%$20K$392K10xas long as short
SunX NVDA-USDT0.0000%8h226.99−0.233%$2K$3.7M20xas long as short
HTX NVDA-USDTlong0.0000%8h227.52long leg$198K$465K30x
Phemex NVDAUSDT0.0000%4h227.47−0.022%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0012%1h227.28−0.104%$118K$53K10xas long as short
Aster NVDAUSDT+0.0020%8h227.43−0.039%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.38−0.062%$399K$741K20xas long as short
QFEX NVDA-USD+0.0041%1h227.38−0.062%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.520.000%$74K25xas long as short
Hotstuff NVDA-PERP+0.0048%1h227.27−0.110%$35K20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.24−0.123%$147.7M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.35−0.075%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.24−0.123%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.23−0.127%$1.6M$2.0M15xas long as short
Variational Omni NVDA+0.0051%8h227.48−0.020%$3.6M$2.2Mas long as short
Lighter NVDA+0.0056%1h227.36−0.070%$2.1M$3.3M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0058%1h227.29−0.101%$49K$1.7M10xas long as short
Nado NVDA-PERP+0.0065%1h227.27−0.109%$483K$227K20xas long as short
Pacifica NVDA+0.0100%1h227.26−0.116%$298K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.29−0.101%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.34−0.079%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.35−0.073%10xas long as short
Binance NVDAUSDT+0.0105%8h227.40−0.054%$156.0M$215.9M50xas long as short
KuCoin NVDAUSDTM+0.0109%8h227.41−0.048%$1.6M$726K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h227.53+0.004%$1.3M$775K10xas long as short
Phoenix NVDA+0.0141%1h227.30−0.097%$93K$112K20xas long as short
Lighter RH NVDAshort+0.0152%1h227.520.000%$5.1M$7.1M20x
Injective NVDA/USDC PERP+0.0220%1h227.83+0.136%$73K$13630xas long as short
BloFin NVDA-USDT+0.0226%8h227.43−0.040%$719K$201K20xas long as short
Extended NVDA_24_5-USD+0.0232%1h227.16−0.160%$673K$779K10xas long as short
edgeX NVDAUSDC+0.0310%4h227.48−0.017%$171K$1.9M20xas long as short