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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0004%/8h= −0.4% APRnext payment $0.00 per $10,000 · paid last 24h −0.011%
Price spread now: Pacifica against Lighter RH−0.115%7-day average −0.106% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$22as in the Price arb table
costs, in and out, $10k−$210.210% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.048%−$5 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.115%, 7d avg −0.106%
Together, before fees−0.018%+ Points / potential airdropLighter RH: Points live · Pacifica: Active · farm board−$2 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA227.050.0104pay 0.0013% / 1h48m 13s$5.1M$7.1M20x
ShortPacifica NVDA226.790.0100get 0.0013% / 1h48m 13s$298K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Pacifica 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
−$0.84
Price spread: −0.115% → −0.106%
−$0.96
Slippage, 4 orders
−$13.04
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Pacifica: 4 bp × 2 orders
−$8
Net
−$22.85
Costs to cover
0.210%
Break-even
never at this rate
Slippage from Lighter RH: live order book, 5 min ago; Pacifica: live order book, 65 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, 5 min ago0.88 bp0.9 bp −$12.3 bp −$2333.6 bp −$3,360doesn't fit
Sell Pacifica live order book, 65 min ago1.98 bp8.5 bp −$8doesn'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%8h226.87−0.078%$483K$571K20xas long as short
Bybit NVDAUSDT0.0000%8h226.88−0.075%$12.5M$14.9M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.90−0.066%$14.3M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.88−0.075%$7.3M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h226.94−0.048%$15.3M$16.3M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.94−0.050%$21K$409K10xas long as short
SunX NVDA-USDT0.0000%8h226.61−0.194%$2K$3.7M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h226.84−0.092%$52K$1.7M10xas long as short
HTX NVDA-USDT0.0000%8h227.01−0.018%$198K$462K30xas long as short
Phemex NVDAUSDT0.0000%4h226.95−0.044%$2.2M$43K10xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aftermath Perps NVDAUSD+0.0007%1h226.72−0.145%$118K$52K10xas long as short
Variational Omni NVDA+0.0009%8h226.94−0.051%$3.6M$2.1Mas long as short
Lighter NVDA+0.0032%1h226.89−0.071%$2.1M$3.3M20xas long as short
Arcus NVDA-USD+0.0040%1h226.84−0.092%$398K$729K20xas long as short
QFEX NVDA-USD+0.0042%1h226.89−0.070%$1.3M$9.1M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.03−0.009%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.77−0.123%$147.3M$43.4M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.86−0.084%$399K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h226.80−0.110%$59K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.75−0.132%$1.6M$2.0M15xas long as short
Nado NVDA-PERP+0.0052%1h226.81−0.105%$482K$226K20xas long as short
edgeX NVDAUSDC+0.0063%4h226.87−0.079%$170K$1.9M20xas long as short
Binance NVDAUSDT+0.0080%8h226.95−0.044%$155.2M$217.2M50xas long as short
Pacifica NVDAshort+0.0100%1h226.79−0.115%$298K$50K10x
KuCoin NVDAUSDTM+0.0100%8h226.91−0.062%$1.6M$734K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.81−0.106%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.89−0.070%$36K$21K20xas long as short
Lighter RH NVDAlong+0.0104%1h227.05long leg$5.1M$7.1M20x
Hotstuff NVDA-PERP+0.0104%1h226.79−0.115%$35K20xas long as short
Aevo NVDA-PERP+0.0104%1h226.90−0.064%10xas long as short
Phoenix NVDA+0.0106%1h226.86−0.084%$93K$112K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0128%1h226.63−0.185%$1.3M$781K10xas long as short
BloFin NVDA-USDT+0.0201%8h227.00−0.022%$718K$191K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.12+0.031%$73K$13630xas long as short
Extended NVDA_24_5-USD+0.0256%1h226.75−0.134%$668K$767K10xas long as short