NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0003%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h −0.008%

Price spread now: Nado against Lighter−0.020%7-day average −0.018% · 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−$25as in the Price arb table

costs, in and out, $10k−$240.245% of the position

Long on Lighter Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.029%−$3 on $10k

Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.020%, 7d avg −0.018%

Together, before fees+0.026%+ Points / potential airdropLighter: Season 3 · Nado: Active · farm board+$3 on $10k · with fees, hour by hour

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	226.30	0.0168	pay 0.0021% / 1h	34m 14s	$2.1M	$3.2M	20x
Short	Nado NVDA-PERP	226.26	0.0171	get 0.0021% / 1h	34m 14s	$481K	$223K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.020%Rate

Funding earned: $0.68
Price spread: −0.020% → −0.018%: −$0.13
Slippage, 4 orders: −$17.49
Fee Lighter: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$23.94
Costs to cover: 0.245%
Break-even: 254.4 days

Slippage from Lighter: live order book, 3 min ago; Nado: live order book, 4 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, 3 min ago	0.35 bp	0.8 bp −$1	2.2 bp −$22	9.4 bp −$944	doesn't fit
Sell Nado live order book, 4 min ago	1.55 bp	13.3 bp −$13	24.1 bp −$241	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
Bybit NVDAUSDT	0.0000%	8h	226.35	+0.022%	$12.4M	$14.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.35	+0.022%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	+0.027%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.44	+0.062%	$15.8M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.98	−0.141%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.44	+0.062%	$198K	$445K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.61	+0.137%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	226.15	−0.067%	$117K	$51K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0021%	8h	226.37	+0.030%	$22K	$428K	10x	as long as short
Aster NVDAUSDT	+0.0038%	8h	226.37	+0.031%	$482K	$530K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus NVDA-USD	+0.0040%	1h	226.30	0.000%	$392K	$740K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.46	+0.071%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.25	−0.022%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.15	−0.066%	$1.6M	$1.9M	15x	as long as short
Variational Omni NVDA	+0.0061%	8h	226.29	−0.004%	$3.5M	$2.3M	—	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.37	+0.031%	$1.3M	$9.0M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0087%	1h	226.26	−0.018%	$147.0M	$43.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0089%	1h	226.33	+0.013%	$391K	$247K	10x	as long as short
Hotstuff NVDA-PERP	+0.0096%	1h	226.20	−0.044%	$35K	—	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.23	−0.029%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.38	+0.035%	$1.6M	$743K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.049%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.33	+0.013%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.36	+0.028%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.093%	$1.3M	$699K	10x	as long as short
Binance NVDAUSDT	+0.0123%	8h	226.35	+0.023%	$154.4M	$218.5M	50x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.27	−0.013%	$53K	$1.8M	10x	as long as short
edgeX NVDAUSDC	+0.0153%	4h	226.33	+0.014%	$170K	$1.9M	20x	as long as short
Lighter NVDAlong	+0.0168%	1h	226.30	long leg	$2.1M	$3.2M	20x
Nado NVDA-PERPshort	+0.0171%	1h	226.26	−0.020%	$481K	$223K	20x
Phoenix NVDA	+0.0177%	1h	226.20	−0.044%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.00	+0.309%	$73K	$137	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.48	+0.080%	$5.1M	$6.9M	20x	as long as short
BloFin NVDA-USDT	+0.0243%	8h	226.39	+0.040%	$709K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0320%	1h	226.22	−0.038%	$644K	$875K	10x	as long as short