Funding you earn now, next payment 05:00 UTC+0.0088%/8h= +9.6% APRnext payment +$0.11 per $10,000 · paid last 24h −0.004%
Price spread now: Lighter RH against Lighter+0.069%7-day average +0.051% · you sell dearer than you buy
Net, funding: paid 7d − costs−$10as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$40.037% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 7 days−0.025%−$2 · spread now +0.069%, 7d avg +0.051%
=Together, before fees−0.093%+ Points / potential airdropLighter: Season 3 · Lighter RH: Points live · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.051%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NVDA | 227.29 | 0.0064 | pay 0.0008% / 1h | 41m 26s | $2.1M | $3.3M | 20x |
| Short | Lighter RH NVDA | 227.45 | 0.0152 | get 0.0019% / 1h | 41m 26s | $5.1M | $7.1M | 20x |
Lighter NVDA
Lighter RH NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Lighter. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $18.48
- Price spread: +0.069% → +0.051%
- $1.79
- Slippage, 4 orders
- −$3.68
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $16.59
- Costs to cover
- 0.037%
- Break-even
- 0.7 days
Slippage from Lighter: live order book, 6 min ago; Lighter RH: live order book, 2 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 | 0.35 bp | 0.7 bp −$1 | 1.5 bp −$15 | 9.0 bp −$904 | doesn't fit |
| Sell Lighter RH live order book, 2 min ago | 1.32 bp | 1.3 bp −$1 | 3.3 bp −$33 | 33.3 bp −$3,331 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NVDAUSDT | 0.0000% | 8h | 227.27 | −0.011% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.28 | −0.006% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.24 | −0.024% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.34 | +0.020% | $15.4M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.44 | +0.063% | $20K | $392K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.00 | −0.129% | $3K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.52 | +0.099% | $198K | $464K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.40 | +0.047% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 227.24 | −0.023% | $118K | $53K | 10x | as long as short |
| Aster NVDAUSDT | +0.0018% | 8h | 227.30 | +0.003% | $483K | $590K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | +0.0024% | 1h | 227.19 | −0.046% | $35K | — | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.32 | +0.011% | $399K | $741K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 227.29 | −0.002% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.41 | +0.051% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.15 | −0.063% | $147.7M | $43.5M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.24 | −0.024% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.23 | −0.028% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.15 | −0.063% | $1.6M | $2.0M | 15x | as long as short |
| Variational Omni NVDA | +0.0051% | 8h | 227.48 | +0.080% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDAlong | +0.0064% | 1h | 227.29 | long leg | $2.1M | $3.3M | 20x | |
| Nado NVDA-PERP | +0.0064% | 1h | 227.21 | −0.036% | $483K | $227K | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.21 | −0.038% | $298K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.25 | −0.019% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.24 | −0.024% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.30 | +0.003% | $49K | $1.7M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 227.38 | +0.036% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0104% | 8h | 227.30 | +0.001% | $155.9M | $215.9M | 50x | as long as short |
| KuCoin NVDAUSDTM | +0.0107% | 8h | 227.32 | +0.011% | $1.6M | $727K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.53 | +0.104% | $1.3M | $775K | 10x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.27 | −0.011% | $93K | $112K | 20x | as long as short |
| Lighter RH NVDAshort | +0.0152% | 1h | 227.45 | +0.069% | $5.1M | $7.1M | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.83 | +0.236% | $73K | $136 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0225% | 8h | 227.40 | +0.047% | $719K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0232% | 1h | 227.17 | −0.055% | $673K | $779K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0920% | 4h | 227.36 | +0.030% | $170K | $1.9M | 20x | as long as short |
Hotstuff NVDA-PERP
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
Nado NVDA-PERP
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Binance NVDAUSDT
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC