Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0105%/8h= −11.5% APRnext payment $0.13 per $10,000 · paid last 24h −0.025%
Price spread now: Aftermath Perps against Lighter RH−0.179%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.166%−$17 on $10k
Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.179%, 7d avg −0.106%
Together, before fees−0.109%+ Points / potential airdropLighter RH: Points live · farm board−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aftermath Perps is 0.073% cheaper against Lighter RH than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.106%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.630.0120pay 0.0015% / 1h26m 02s$5.0M$7.0M20x
ShortAftermath Perps NVDAUSD226.220.0015get 0.0002% / 1h26m 02s$117K$51K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter RH. 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

Funding earned
−$22.08
Price spread: −0.179% → −0.106%
−$7.34
Slippage, 4 orders
−$23.72
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$62.13
Costs to cover
0.327%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Aftermath Perps: live order book, 18 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.76 bp1.9 bp −$23.6 bp −$3636.9 bp −$3,692doesn't fit
Sell Aftermath Perps live order book, 18 min ago4.08 bp14.4 bp −$14doesn't fitdoesn't fitdoesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NVDAUSDT0.0000%8h226.48−0.067%$482K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.51−0.053%$12.4M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.51−0.053%$14.1M$20.6M50xas long as short
Gate NVDA_USDT0.0000%8h226.46−0.075%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.48−0.066%$15.2M$16.0M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.34−0.128%$21K$419K10xas long as short
SunX NVDA-USDT0.0000%8h226.13−0.221%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.57−0.026%$198K$451K30xas long as short
Phemex NVDAUSDT0.0000%4h226.59−0.018%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSDshort+0.0015%1h226.22−0.179%$117K$51K10x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0016%8h226.32−0.139%$3.5M$2.2Mas long as short
edgeX NVDAUSDC+0.0039%4h226.42−0.093%$170K$1.9M20xas long as short
Arcus NVDA-USD+0.0040%1h226.37−0.115%$399K$731K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.57−0.026%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.37−0.115%$147.1M$43.5M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.42−0.093%$391K$285K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.36−0.119%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.20−0.190%$1.6M$1.9M15xas long as short
QFEX NVDA-USD+0.0056%1h226.46−0.075%$1.3M$9.1M10xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0059%1h226.41−0.097%$52K$1.8M10xas long as short
Lighter NVDA+0.0080%1h226.50−0.057%$2.1M$3.3M20xas long as short
Hotstuff NVDA-PERP+0.0080%1h226.35−0.124%$35K20xas long as short
Binance NVDAUSDT+0.0084%8h226.52−0.049%$154.5M$218.0M50xas long as short
Pacifica NVDA+0.0100%1h226.30−0.147%$297K$46K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.41−0.097%$1.6M$742K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.36−0.119%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.45−0.079%$36K$21K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.47−0.071%10xas long as short
Phoenix NVDA+0.0106%1h226.39−0.106%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0112%1h226.29−0.150%$1.3M$732K10xas long as short
Lighter RH NVDAlong+0.0120%1h226.63long leg$5.0M$7.0M20x
Nado NVDA-PERP+0.0123%1h226.31−0.139%$481K$224K20xas long as short
BloFin NVDA-USDT+0.0204%8h226.48−0.066%$715K$194K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.67+0.018%$73K$13830xas long as short
Extended NVDA_24_5-USD+0.0408%1h226.32−0.137%$623K$833K10xas long as short