Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRnext payment +$0.09 per $10,000 · paid last 24h —

Price spread now: Aevo against Lighter−0.022%7-day average — · you buy dearer than you sell

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

Long on Lighter Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

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

Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Aevo is 0.022% cheaper against Lighter than usual: you would sell low and buy high (spread −0.022% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 25 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	226.98	0.0032	pay 0.0004% / 1h	17m 26s	$2.1M	$3.3M	20x
Short	Aevo NVDA-PERP	226.93	0.0104	get 0.0013% / 1h	17m 26s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter. 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 LighterbpFee AevobpOrdersPrice spread, now −0.022%Rate

Funding earned: $15.12
Price spread: −0.022% → 0.000%: −$2.23
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$3.11
Costs to cover: 0.160%
Break-even: 8.4 days

Slippage unknown: Lighter: live order book, 5 min ago; Aevo: no order-book sample. 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 Lighter live order book, 5 min ago	0.53 bp	0.7 bp −$1	1.8 bp −$18	7.6 bp −$762	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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	227.03	+0.021%	$12.6M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.02	+0.016%	$14.3M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.97	−0.006%	$7.2M	$9.7M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.05	+0.030%	$15.4M	$16.4M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.08	+0.044%	$20K	$396K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.55	−0.191%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.26	+0.122%	$197K	$461K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.23	+0.109%	$2.2M	$43K	10x	as long as short
Hotstuff NVDA-PERP	+0.0008%	1h	226.88	−0.045%	$35K	—	20x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	226.89	−0.043%	$118K	$52K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NVDA_USDC-PERPETUAL	+0.0015%	1h	226.86	−0.054%	$49K	$1.7M	10x	as long as short
Aster NVDAUSDT	+0.0017%	8h	227.06	+0.034%	$482K	$569K	20x	as long as short
Variational Omni NVDA	+0.0029%	8h	227.08	+0.041%	$3.6M	$2.2M	—	as long as short
Lighter NVDAlong	+0.0032%	1h	226.98	long leg	$2.1M	$3.3M	20x
Arcus NVDA-USD	+0.0040%	1h	226.94	−0.019%	$398K	$739K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.00	+0.007%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.07	+0.038%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.87	−0.050%	$147.4M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.00	+0.007%	$400K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.79	−0.085%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.67	−0.138%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0058%	1h	226.90	−0.036%	$482K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0092%	8h	227.07	+0.037%	$155.6M	$216.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.91	−0.031%	$298K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.05	+0.030%	$1.6M	$729K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.80	−0.081%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.01	+0.012%	$36K	$21K	20x	as long as short
Aevo NVDA-PERPshort	+0.0104%	1h	226.93	−0.022%	—	—	10x
Lighter RH NVDA	+0.0128%	1h	227.14	+0.069%	$5.1M	$7.1M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.11	+0.056%	$1.3M	$782K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	226.87	−0.050%	$93K	$112K	20x	as long as short
Extended NVDA_24_5-USD	+0.0200%	1h	226.86	−0.054%	$672K	$765K	10x	as long as short
BloFin NVDA-USDT	+0.0212%	8h	227.14	+0.069%	$718K	$201K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.52	+0.237%	$73K	$138	30x	as long as short
edgeX NVDAUSDC	+0.0497%	4h	227.06	+0.035%	$170K	$1.9M	20x	as long as short