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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0140%/8h= +15.3% APRnext payment +$0.18 per $10,000 · paid last 24h +0.026%
Price spread now: Injective against Lighter RH+0.118%97s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.172%+$17 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.118% dearer against Lighter RH than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA227.930.0080pay 0.0010% / 1h57m 39s$5.1M$7.0M20x
ShortInjective NVDA/USDC PERP228.200.0220get 0.0028% / 1h57m 39s$73K$13330x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
$29.4
Price spread: +0.118% → 0.000%
$11.85
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
$41.23
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 6 min ago; Injective: no order-book sample. Net counts fees only.

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, 6 min ago1.32 bp2.0 bp −$25.1 bp −$5135.6 bp −$3,563doesn't fit
Sell Injective no order-book sample
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bybit NVDAUSDT0.0000%8h227.77−0.070%$12.7M$15.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.78−0.066%$14.4M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h227.73−0.088%$7.2M$9.5M100xas long as short
SunX NVDA-USDT0.0000%8h227.31−0.272%$2K$3.8M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.76−0.075%$49K$1.5M10xas long as short
HTX NVDA-USDT0.0000%8h227.82−0.048%$198K$505K30xas long as short
Phemex NVDAUSDT0.0000%4h227.88−0.022%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0002%8h227.80−0.056%$484K$582K20xas long as short
Aftermath Perps NVDAUSD+0.0013%1h227.85−0.037%$118K$55K10xas long as short
Variational Omni NVDA+0.0019%8h227.86−0.033%$3.5M$1.9Mas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h227.61−0.140%$686K$695K10xas long as short
Bitget NVDAUSDT+0.0032%8h227.84−0.039%$15.4M$16.8M100xas long as short
Arcus NVDA-USD+0.0040%1h227.68−0.110%$400K$724K20xas long as short
QFEX NVDA-USD+0.0042%1h227.83−0.044%$1.5M$10.7M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.95+0.009%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.66−0.118%$148.1M$46.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.78−0.066%$402K$289K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.68−0.110%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.59−0.149%$1.5M$2.1M15xas long as short
Nado NVDA-PERP+0.0065%1h227.73−0.089%$484K$229K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.46−0.206%$1.3M$798K10xas long as short
Lighter RH NVDAlong+0.0080%1h227.93long leg$5.1M$7.0M20x
Hotstuff NVDA-PERP+0.0080%1h227.69−0.105%$35K20xas long as short
Binance NVDAUSDT+0.0087%8h227.80−0.055%$156.4M$216.9M50xas long as short
Lighter NVDA+0.0096%1h227.80−0.057%$2.2M$3.2M20xas long as short
Pacifica NVDA+0.0100%1h227.67−0.115%$299K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.74−0.083%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.80−0.057%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.80−0.056%10xas long as short
Phoenix NVDA+0.0106%1h227.75−0.079%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0143%8h227.85−0.035%$1.6M$735K20xas long as short
GRVT NVDA_USDT_Perp+0.0182%8h227.92−0.004%$20K$392K10xas long as short
BloFin NVDA-USDT+0.0208%8h227.88−0.022%$720K$205K20xas long as short
Injective NVDA/USDC PERPshort+0.0220%1h228.20+0.118%$73K$13330x
edgeX NVDAUSDC+0.0342%4h227.88−0.023%$170K$1.9M20xas long as short