NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0219%/8h= −23.9% APRnext payment −$0.27 per $10,000 · paid last 24h −0.028%

Price spread now: Aftermath Perps against Lighter−0.046%7-day average −0.052% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$290.287% of the position

Long on Lighter Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.157%−$16 on $10k

Price spread, last 3 days (all we have)−0.032%−$3 · spread now −0.046%, 7d avg −0.052%

Together, before fees−0.189%+ Points / potential airdropLighter: Season 3 · farm board−$19 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.052%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	227.50	0.0248	pay 0.0031% / 1h	41m 36s	$2.1M	$3.3M	20x
Short	Aftermath Perps NVDAUSD	227.40	0.0029	get 0.0004% / 1h	41m 36s	$118K	$55K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps 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 Aftermath PerpsbpOrdersPrice spread, now −0.046%Rate

Funding earned: −$45.91
Price spread: −0.046% → −0.052%: $0.63
Slippage, 4 orders: −$19.71
Fee Lighter: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$73.99
Costs to cover: 0.287%
Break-even: never at this rate

Slippage from Lighter: live order book, 6 min ago; Aftermath Perps: live order book, 37 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 Lighter live order book, 6 min ago	0.42 bp	0.6 bp −$1	1.7 bp −$17	6.9 bp −$685	doesn't fit
Sell Aftermath Perps live order book, 37 min ago	3.37 bp	17.4 bp −$17	27.2 bp −$272	doesn't fit	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
Aster NVDAUSDT	0.0000%	8h	227.42	−0.037%	$482K	$587K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.48	−0.011%	$12.7M	$15.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.45	−0.024%	$14.4M	$21.0M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.42	−0.037%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.45	−0.025%	$3.6M	$2.1M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.56	+0.025%	$20K	$416K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.03	−0.208%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	−0.011%	$198K	$524K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.62	+0.051%	$2.2M	$42K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.36	−0.063%	$35K	—	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aftermath Perps NVDAUSDshort	+0.0029%	1h	227.40	−0.046%	$118K	$55K	10x
Bitget NVDAUSDT	+0.0045%	8h	227.50	−0.002%	$15.6M	$17.7M	100x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.62	+0.051%	—	$74K	25x	as long as short
Binance NVDAUSDT	+0.0046%	8h	227.50	0.000%	$156.3M	$220.2M	50x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.34	−0.072%	$147.4M	$48.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.46	−0.019%	$401K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.41	−0.041%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.40	−0.046%	$1.6M	$2.1M	15x	as long as short
QFEX NVDA-USD	+0.0060%	1h	227.51	+0.003%	$1.6M	$11.4M	10x	as long as short
Extended NVDA_24_5-USD	+0.0064%	1h	227.32	−0.079%	$536K	$446K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.34	−0.072%	$484K	$229K	20x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.54	+0.016%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.217%	$1.3M	$861K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.31	−0.085%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.51	+0.003%	$1.6M	$744K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.38	−0.055%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.50	−0.002%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.47	−0.015%	$94K	$112K	20x	as long as short
Arcus NVDA-USD	+0.0127%	1h	227.33	−0.076%	$399K	$724K	20x	as long as short
BloFin NVDA-USDT	+0.0164%	8h	227.49	−0.006%	$713K	$204K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.72	+0.095%	$73K	$136	30x	as long as short
Lighter RH NVDA	+0.0240%	1h	227.63	+0.055%	$5.1M	$7.2M	20x	as long as short
Lighter NVDAlong	+0.0248%	1h	227.50	long leg	$2.1M	$3.3M	20x
Deribit NVDA_USDC-PERPETUAL	+0.0278%	1h	227.50	−0.002%	$49K	$1.4M	10x	as long as short
edgeX NVDAUSDC	+0.0643%	4h	227.53	+0.010%	$170K	$1.9M	20x	as long as short