Funding you earn now, next payment 07:00 UTC−0.0020%/8h= −2.2% APRnext payment −$0.02 per $10,000 · paid last 24h +0.014%
Price spread now: Lighter against Pacifica+0.079%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$160.156% of the position
Funding, last 7 days+0.111%+$11 on $10k
+Price spread, last 4 days (all we have)−0.039%−$4 · spread now +0.079%, 7d avg +0.052%
=Together, before fees+0.072%+ Points / potential airdropPacifica: Active · Lighter: Season 3 · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Lighter is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of +0.052%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 4.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.111%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica NVDA | 226.29 | 0.0100 | pay 0.0013% / 1h | 29m 07s | $297K | $46K | 10x |
| Short | Lighter NVDA | 226.46 | 0.0080 | get 0.0010% / 1h | 29m 07s | $2.1M | $3.3M | 20x |
Pacifica NVDA
Lighter NVDAFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Pacifica. 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
- −$4.2
- Price spread: +0.079% → +0.052%
- $2.69
- Slippage, 4 orders
- −$7.62
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$17.13
- Costs to cover
- 0.156%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 14 min ago; Lighter: 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 Pacifica live order book, 14 min ago | 0.66 bp | 4.7 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 8 min ago | 0.44 bp | 0.8 bp −$1 | 1.2 bp −$12 | 8.9 bp −$892 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 226.49 | +0.093% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.44 | +0.068% | $12.4M | $14.9M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.43 | +0.064% | $14.1M | $20.6M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.43 | +0.064% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.50 | +0.095% | $15.2M | $16.0M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.34 | +0.024% | $21K | $419K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.09 | −0.086% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.46 | +0.077% | $198K | $452K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.60 | +0.139% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0016% | 1h | 226.16 | −0.053% | $117K | $51K | 10x | as long as short |
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0016% | 8h | 226.32 | +0.013% | $3.5M | $2.2M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.29 | +0.002% | $398K | $729K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.54 | +0.113% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.34 | +0.024% | $147.0M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.39 | +0.046% | $391K | $285K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.29 | +0.002% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.08 | −0.091% | $1.6M | $1.9M | 15x | as long as short |
| Hotstuff NVDA-PERP | +0.0056% | 1h | 226.29 | +0.002% | $35K | — | 20x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.43 | +0.064% | $1.3M | $9.1M | 10x | as long as short |
| Lighter NVDAshort | +0.0080% | 1h | 226.46 | +0.079% | $2.1M | $3.3M | 20x | |
| Binance NVDAUSDT | +0.0085% | 8h | 226.49 | +0.090% | $154.5M | $217.9M | 50x | as long as short |
| Pacifica NVDAlong | +0.0100% | 1h | 226.29 | long leg | $297K | $46K | 10x | |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.37 | +0.037% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.16 | −0.055% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.41 | +0.055% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0103% | 1h | 226.39 | +0.046% | $53K | $1.8M | 10x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.44 | +0.066% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.26 | −0.011% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0112% | 1h | 226.29 | +0.002% | $1.3M | $732K | 10x | as long as short |
| Lighter RH NVDA | +0.0120% | 1h | 226.59 | +0.135% | $5.0M | $6.9M | 20x | as long as short |
| Nado NVDA-PERP | +0.0128% | 1h | 226.30 | +0.006% | $481K | $224K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0205% | 8h | 226.48 | +0.086% | $715K | $194K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.67 | +0.170% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0440% | 1h | 226.27 | −0.005% | $649K | $783K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0818% | 4h | 226.29 | +0.004% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Hotstuff NVDA-PERP
QFEX NVDA-USD
Binance NVDAUSDT
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Lighter RH NVDA
Nado NVDA-PERP
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC