NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.12 per $10,000 · paid last 24h −0.029%

Price spread now: QFEX against Lighter−0.027%7-day average −0.016% · 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−$16as in the Price arb table

costs, in and out, $10k−$150.147% of the position

Long on Lighter Short on QFEX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.058%−$6 on $10k

Price spread, last 7 days−0.004%$0 · spread now −0.027%, 7d avg −0.016%

Together, before fees−0.062%+ Points / potential airdropLighter: Season 3 · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$3 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	226.27	0.0160	pay 0.0020% / 1h	9m 57s	$2.1M	$3.3M	20x
Short	QFEX NVDA-USD	226.21	0.0064	get 0.0008% / 1h	9m 57s	$1.3M	$9.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

QFEX 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 QFEXbpOrdersPrice spread, now −0.027%Rate

Funding earned: −$20.11
Price spread: −0.027% → −0.016%: −$1.09
Slippage, 4 orders: −$4.74
Fee Lighter: 0 bp × 2 orders: $0
Fee QFEX: 5 bp × 2 orders: −$10
Net: −$35.94
Costs to cover: 0.147%
Break-even: never at this rate

Slippage from Lighter: live order book, 2 min ago; QFEX: 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, 2 min ago	0.18 bp	0.5 bp −$1	0.9 bp −$9	11.2 bp −$1,122	doesn't fit
Sell QFEX live order book, 4 min ago	1.99 bp	7.0 bp −$7	7.0 bp −$70	11.7 bp −$1,166	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	226.30	+0.013%	$12.5M	$14.4M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.30	+0.013%	$14.1M	$20.4M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	226.09	−0.080%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.29	+0.009%	$7.2M	$10.0M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.37	+0.044%	$15.9M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.92	−0.155%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.32	+0.022%	$198K	$442K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.57	+0.133%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	226.16	−0.048%	$117K	$51K	10x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.26	−0.004%	$392K	$738K	20x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NVDA_USDT_Perp	+0.0042%	8h	226.47	+0.089%	$22K	$423K	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.32	+0.022%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.13	−0.062%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.08	−0.084%	$1.6M	$1.9M	15x	as long as short
Aster NVDAUSDT	+0.0057%	8h	226.32	+0.022%	$482K	$530K	20x	as long as short
QFEX NVDA-USDshort	+0.0064%	1h	226.21	−0.027%	$1.3M	$9.1M	10x
Polymarket Perps NVDA-USD	+0.0082%	1h	226.24	−0.013%	$391K	$247K	10x	as long as short
Variational Omni NVDA	+0.0083%	8h	226.23	−0.019%	$3.5M	$2.3M	—	as long as short
tradeXYZ xyz:NVDA	+0.0087%	1h	226.16	−0.049%	$146.9M	$43.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.06	−0.093%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.35	+0.035%	$1.6M	$820K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.23	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.28	+0.004%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0120%	1h	226.29	+0.010%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.080%	$1.3M	$697K	10x	as long as short
Binance NVDAUSDT	+0.0143%	8h	226.33	+0.027%	$155.3M	$219.9M	50x	as long as short
Lighter NVDAlong	+0.0160%	1h	226.27	long leg	$2.1M	$3.3M	20x
Nado NVDA-PERP	+0.0171%	1h	226.03	−0.106%	$480K	$223K	20x	as long as short
Phoenix NVDA	+0.0177%	1h	226.29	+0.009%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.78	+0.225%	$73K	$139	30x	as long as short
Lighter RH NVDA	+0.0232%	1h	226.42	+0.066%	$5.1M	$7.0M	20x	as long as short
BloFin NVDA-USDT	+0.0262%	8h	226.33	+0.027%	$711K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0352%	1h	226.04	−0.102%	$644K	$875K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0413%	1h	226.26	−0.004%	$53K	$1.9M	10x	as long as short
edgeX NVDAUSDC	+0.0539%	4h	226.32	+0.020%	$170K	$1.9M	20x	as long as short