NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0063%/8h= −6.9% APRnext payment −$0.08 per $10,000 · paid last 24h −0.005%

Price spread now: Nado against Lighter RH−0.107%7-day average −0.073% · 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−$29as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Lighter RH Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.030%−$3 on $10k

Price spread, last 4 days (all we have)+0.089%+$9 · spread now −0.107%, 7d avg −0.073%

Together, before fees+0.059%+ Points / potential airdropLighter RH: Points live · Nado: Active · farm board+$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.034% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.073%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	226.48	0.0232	pay 0.0029% / 1h	33m 22s	$5.1M	$6.9M	20x
Short	Nado NVDA-PERP	226.24	0.0169	get 0.0021% / 1h	33m 22s	$481K	$223K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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

Position, each leg$Hold fordaysFee Lighter RHbpFee NadobpOrdersPrice spread, now −0.107%Rate

Funding earned: −$13.32
Price spread: −0.107% → −0.073%: −$3.44
Slippage, 4 orders: −$18.39
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$42.15
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 5 min ago; Nado: live order book, 5 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 RH live order book, 5 min ago	1.10 bp	1.1 bp −$1	2.5 bp −$25	35.5 bp −$3,553	doesn't fit
Sell Nado live order book, 5 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	226.36	−0.053%	$12.4M	$14.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.32	−0.071%	$14.1M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.32	−0.071%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.42	−0.026%	$15.8M	$16.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.93	−0.243%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.44	−0.018%	$198K	$445K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.61	+0.057%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0017%	1h	226.15	−0.144%	$117K	$51K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0023%	8h	226.38	−0.046%	$21K	$424K	10x	as long as short
Aster NVDAUSDT	+0.0038%	8h	226.37	−0.049%	$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	−0.079%	$392K	$740K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.44	−0.018%	—	$74K	25x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.23	−0.110%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.15	−0.146%	$1.6M	$1.9M	15x	as long as short
Variational Omni NVDA	+0.0061%	8h	226.29	−0.084%	$3.5M	$2.3M	—	as long as short
QFEX NVDA-USD	+0.0064%	1h	226.33	−0.066%	$1.3M	$9.1M	10x	as long as short
tradeXYZ xyz:NVDA	+0.0084%	1h	226.22	−0.115%	$146.9M	$43.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0086%	1h	226.32	−0.071%	$391K	$247K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	226.21	−0.120%	$297K	$49K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.38	−0.044%	$1.6M	$747K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.21	−0.119%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.30	−0.079%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0104%	1h	226.23	−0.110%	$53K	$1.9M	10x	as long as short
Aevo NVDA-PERP	+0.0112%	1h	226.34	−0.062%	—	—	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0120%	1h	226.09	−0.172%	$1.3M	$699K	10x	as long as short
Binance NVDAUSDT	+0.0124%	8h	226.36	−0.053%	$154.4M	$218.5M	50x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	226.22	−0.115%	$35K	—	20x	as long as short
edgeX NVDAUSDC	+0.0153%	4h	226.33	−0.066%	$170K	$1.9M	20x	as long as short
Lighter NVDA	+0.0168%	1h	226.31	−0.076%	$2.1M	$3.2M	20x	as long as short
Nado NVDA-PERPshort	+0.0169%	1h	226.24	−0.107%	$481K	$223K	20x
Phoenix NVDA	+0.0177%	1h	226.23	−0.110%	$93K	$83K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.65	+0.075%	$73K	$138	30x	as long as short
Lighter RH NVDAlong	+0.0232%	1h	226.48	long leg	$5.1M	$6.9M	20x
BloFin NVDA-USDT	+0.0243%	8h	226.39	−0.040%	$709K	$195K	20x	as long as short
Extended NVDA_24_5-USD	+0.0312%	1h	226.13	−0.152%	$644K	$875K	10x	as long as short