Funding you earn now, next payment 07:00 UTC−0.0038%/8h= −4.2% APRnext payment −$0.05 per $10,000 · paid last 24h −0.026%
Price spread now: tradeXYZ against Lighter−0.052%7-day average −0.055% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$210.208% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.052%, 7d avg −0.055%
=Together, before fees−0.136%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.055%, so right now this pair is about funding alone: −$1 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 | 0.0088 | pay 0.0011% / 1h | 38m 13s | $2.1M | $3.3M | 20x |
| Short | tradeXYZ xyz:NVDA | 226.15 | 0.0050 | get 0.0006% / 1h | 38m 13s | $146.9M | $43.4M | 20x |
Lighter NVDA
tradeXYZ xyz:NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$7.98
- Price spread: −0.052% → −0.055%
- $0.33
- Slippage, 4 orders
- −$2.77
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$28.43
- Costs to cover
- 0.208%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; tradeXYZ: live order book, 12 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, 4 min ago | 0.40 bp | 0.7 bp −$1 | 2.0 bp −$20 | 7.8 bp −$778 | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.22 bp | 9.8 bp −$10 | 11.3 bp −$113 | 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 | 226.29 | +0.010% | $12.4M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.28 | +0.005% | $14.2M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.23 | −0.017% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.30 | +0.014% | $15.2M | $16.3M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.37 | +0.043% | $21K | $422K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.94 | −0.145% | $2K | $3.7M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 226.23 | −0.017% | $52K | $1.8M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.37 | +0.045% | $198K | $453K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.68 | +0.182% | $2.2M | $42K | 10x | as long as short |
| Aster NVDAUSDT | +0.0002% | 8h | 226.38 | +0.048% | $482K | $571K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 226.23 | −0.018% | $117K | $52K | 10x | as long as short |
| Variational Omni NVDA | +0.0018% | 8h | 226.30 | +0.012% | $3.5M | $2.2M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.27 | +0.001% | $398K | $735K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.38 | +0.049% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDAshort | +0.0050% | 1h | 226.15 | −0.052% | $146.9M | $43.4M | 20x | |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.19 | −0.034% | $395K | $281K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.16 | −0.048% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.06 | −0.092% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.31 | +0.019% | $1.3M | $9.0M | 10x | as long as short |
| Lighter NVDAlong | +0.0088% | 1h | 226.27 | long leg | $2.1M | $3.3M | 20x | |
| Binance NVDAUSDT | +0.0088% | 8h | 226.32 | +0.023% | $154.3M | $219.2M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.19 | −0.036% | $297K | $48K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.33 | +0.027% | $1.6M | $749K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.16 | −0.048% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.25 | −0.008% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.28 | +0.006% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.27 | +0.001% | $93K | $112K | 20x | as long as short |
| Hotstuff NVDA-PERP | +0.0112% | 1h | 226.19 | −0.034% | $35K | — | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | +0.010% | $1.3M | $789K | 10x | as long as short |
| Lighter RH NVDA | +0.0136% | 1h | 226.42 | +0.067% | $5.0M | $6.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0143% | 1h | 226.19 | −0.035% | $480K | $226K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0208% | 8h | 226.44 | +0.076% | $716K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.01 | +0.328% | $73K | $137 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0464% | 1h | 226.13 | −0.059% | $667K | $762K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0469% | 4h | 226.30 | +0.013% | $170K | $1.9M | 20x | as long as short |
Aftermath Perps NVDAUSD
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Hotstuff NVDA-PERP
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Nado NVDA-PERP
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC