Funding you earn now, next payment 08:00 UTC−0.0141%/8h= −15.4% APRnext payment −$0.18 per $10,000 · paid last 24h −0.023%
Price spread now: tradeXYZ against Lighter RH−0.146%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days+0.063%+$6 · spread now −0.146%, 7d avg −0.107%
=Together, before fees−0.018%+ Points / potential airdropLighter RH: Points live · tradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and tradeXYZ is 0.039% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.47 | 0.0224 | pay 0.0028% / 1h | 31m 24s | $5.1M | $6.9M | 20x |
| Short | tradeXYZ xyz:NVDA | 226.14 | 0.0083 | get 0.0010% / 1h | 31m 24s | $147.0M | $43.2M | 20x |
Lighter RH NVDA
tradeXYZ xyz:NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$29.52
- Price spread: −0.146% → −0.107%
- −$3.91
- Slippage, 4 orders
- −$5.34
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$56.77
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 2 min ago; tradeXYZ: live order book, 8 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, 2 min ago | 1.77 bp | 1.9 bp −$2 | 3.1 bp −$31 | 37.0 bp −$3,697 | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.44 bp | 9.7 bp −$10 | 10.9 bp −$109 | 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 | 226.23 | −0.106% | $12.4M | $14.3M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.28 | −0.084% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.29 | −0.079% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.40 | −0.031% | $15.9M | $16.7M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.85 | −0.274% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.40 | −0.031% | $198K | $445K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.54 | +0.031% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 226.13 | −0.150% | $117K | $51K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0023% | 8h | 226.38 | −0.042% | $21K | $424K | 10x | as long as short |
| Aster NVDAUSDT | +0.0038% | 8h | 226.27 | −0.089% | $481K | $530K | 20x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
GRVT NVDA_USDT_Perp
Aster NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 226.29 | −0.079% | $392K | $740K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.38 | −0.040% | — | $74K | 25x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.14 | −0.146% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.13 | −0.150% | $1.6M | $1.9M | 15x | as long as short |
| Variational Omni NVDA | +0.0061% | 8h | 226.29 | −0.079% | $3.5M | $2.3M | — | as long as short |
| QFEX NVDA-USD | +0.0064% | 1h | 226.33 | −0.062% | $1.3M | $9.1M | 10x | as long as short |
| tradeXYZ xyz:NVDAshort | +0.0083% | 1h | 226.14 | −0.146% | $147.0M | $43.2M | 20x | |
| Polymarket Perps NVDA-USD | +0.0086% | 1h | 226.28 | −0.084% | $391K | $247K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.20 | −0.119% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.33 | −0.062% | $1.6M | $753K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.17 | −0.132% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.19 | −0.124% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 226.22 | −0.110% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.09 | −0.168% | $1.3M | $698K | 10x | as long as short |
| Binance NVDAUSDT | +0.0124% | 8h | 226.28 | −0.083% | $154.3M | $219.1M | 50x | as long as short |
| Hotstuff NVDA-PERP | +0.0128% | 1h | 226.22 | −0.110% | $35K | — | 20x | as long as short |
| Lighter NVDA | +0.0160% | 1h | 226.31 | −0.071% | $2.1M | $3.2M | 20x | as long as short |
| Nado NVDA-PERP | +0.0165% | 1h | 226.19 | −0.125% | $480K | $223K | 20x | as long as short |
| Phoenix NVDA | +0.0177% | 1h | 226.23 | −0.106% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.65 | +0.079% | $73K | $138 | 30x | as long as short |
| Lighter RH NVDAlong | +0.0224% | 1h | 226.47 | long leg | $5.1M | $6.9M | 20x | |
| BloFin NVDA-USDT | +0.0244% | 8h | 226.37 | −0.044% | $711K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0304% | 1h | 225.97 | −0.219% | $644K | $875K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0369% | 1h | 226.15 | −0.141% | $53K | $1.9M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0538% | 4h | 226.32 | −0.066% | $170K | $1.9M | 20x | as long as short |
Arcus NVDA-USD
Vest NVDA-USD-PERP
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Variational Omni NVDA
QFEX NVDA-USD
Polymarket Perps NVDA-USD
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Hotstuff NVDA-PERP
Lighter NVDA
Nado NVDA-PERP
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Deribit NVDA_USDC-PERPETUAL
edgeX NVDAUSDC