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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0094%/8h= −10.2% APRnext payment $0.12 per $10,000 · paid last 24h −0.026%
Price spread now: Ondo Perps against Lighter RH−0.233%7-day average −0.135% · you buy dearer than you sell
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−0.125%−$12 on $10k
Price spread, last 7 days+0.008%+$1 · spread now −0.233%, 7d avg −0.135%
Together, before fees−0.117%+ Points / potential airdropLighter RH: Points live · Ondo Perps: Active · farm board−$12 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 Ondo Perps is 0.097% cheaper against Lighter RH than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.135%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA227.570.0144pay 0.0018% / 1h0m 03s$5.1M$7.3M20x
ShortOndo Perps NVDA-USD.P227.040.0050get 0.0006% / 1h0m 03s$1.5M$1.9M15x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo 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
−$19.66
Price spread: −0.233% → −0.135%
−$9.74
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$34.4
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 2 min ago; Ondo Perps: 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, 2 min ago0.22 bp1.7 bp −$24.3 bp −$4339.3 bp −$3,929doesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Hotstuff NVDA-PERP−0.1600%1h225.99−0.694%$35K20xas long as short
Bybit NVDAUSDT0.0000%8h227.49−0.035%$12.8M$15.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.48−0.040%$14.3M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h227.39−0.079%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.50−0.031%$15.6M$16.1M100xas long as short
SunX NVDA-USDT0.0000%8h227.05−0.229%$3K$3.4M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.35−0.097%$17K$1.9M10xas long as short
HTX NVDA-USDT0.0000%8h227.32−0.110%$198K$400K30xas long as short
Phemex NVDAUSDT0.0000%4h227.44−0.057%$2.2M$41K10xas long as short
GRVT NVDA_USDT_Perp+0.0011%8h227.30−0.121%$20K$433K10xas long as short
Show all 35 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0011%1h227.05−0.227%$117K$52K10xas long as short
Extended NVDA_24_5-USD+0.0032%1h227.29−0.123%$617K$930K10xas long as short
Aster NVDAUSDT+0.0043%8h227.28−0.126%$484K$566K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.570.000%$74K25xas long as short
QFEX NVDA-USD+0.0047%1h227.45−0.053%$1.3M$9.0M10xas long as short
Lighter NVDA+0.0048%1h227.41−0.070%$2.1M$3.2M20xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.34−0.101%$148.6M$45.6M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.37−0.088%$393K$241K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.26−0.136%$59K$16K10xas long as short
Ondo Perps NVDA-USD.Pshort+0.0050%1h227.04−0.233%$1.5M$1.9M15x
edgeX NVDAUSDC+0.0054%4h227.19−0.166%$170K$1.9M20xas long as short
Nado NVDA-PERP+0.0095%1h227.35−0.097%$478K$210K20xas long as short
Pacifica NVDA+0.0100%1h227.29−0.125%$298K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.05−0.229%$16K$45K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.42−0.066%$36K$19K20xas long as short
Phoenix NVDA+0.0106%1h227.11−0.202%$93K$83K20xas long as short
Variational Omni NVDA+0.0108%8h227.26−0.136%$3.3M$2.4Mas long as short
Aevo NVDA-PERP+0.0120%1h227.45−0.054%10xas long as short
KuCoin NVDAUSDTM+0.0128%8h227.34−0.101%$1.6M$1.3M20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.45−0.492%$1.3M$659K10xas long as short
Lighter RH NVDAlong+0.0144%1h227.57long leg$5.1M$7.3M20x
Binance NVDAUSDT+0.0161%8h227.48−0.040%$156.0M$225.0M50xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.53−0.018%$73K$14130xas long as short
Arcus NVDA-USD+0.0225%1h227.40−0.075%$384K$704K20xas long as short
BloFin NVDA-USDT+0.0280%8h227.31−0.114%$726K$203K20xas long as short