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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h +0.028%
Price spread now: Lighter against SoDEX+0.034%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.034% dearer against SoDEX than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX NVDA-USD226.230.0050pay 0.0006% / 1h33m 16s$59K$19K10x
ShortLighter NVDA226.310.0168get 0.0021% / 1h33m 16s$2.1M$3.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. 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
$24.78
Price spread: +0.034% → 0.000%
$3.45
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Lighter: 0 bp × 2 orders
$0
Net
$20.23
Costs to cover
0.080%
Break-even
1.3 days
Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 4 min ago. 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 SoDEX no order-book sample
Sell Lighter live order book, 4 min ago0.35 bp0.5 bp $01.3 bp −$137.2 bp −$718doesn't fit
SoDEX: 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 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
Bybit NVDAUSDT0.0000%8h226.36+0.057%$12.4M$14.3M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.32+0.040%$14.1M$20.5M50xas long as short
Gate NVDA_USDT0.0000%8h226.32+0.040%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.42+0.084%$15.8M$16.7M100xas long as short
SunX NVDA-USDT0.0000%8h225.93−0.133%$2K$3.6M20xas long as short
HTX NVDA-USDT0.0000%8h226.44+0.093%$198K$445K30xas long as short
Phemex NVDAUSDT0.0000%4h226.61+0.168%$2.2M$42K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h226.15−0.034%$117K$51K10xas long as short
GRVT NVDA_USDT_Perp+0.0023%8h226.38+0.064%$21K$424K10xas long as short
Aster NVDAUSDT+0.0038%8h226.37+0.062%$482K$530K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h226.30+0.031%$392K$740K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.44+0.093%$74K25xas long as short
SoDEX NVDA-USDlong+0.0050%1h226.23long leg$59K$19K10x
Ondo Perps NVDA-USD.P+0.0050%1h226.15−0.035%$1.6M$1.9M15xas long as short
Variational Omni NVDA+0.0061%8h226.29+0.027%$3.5M$2.3Mas long as short
QFEX NVDA-USD+0.0064%1h226.33+0.044%$1.3M$9.1M10xas long as short
tradeXYZ xyz:NVDA+0.0084%1h226.22−0.004%$146.9M$43.1M20xas long as short
Polymarket Perps NVDA-USD+0.0086%1h226.32+0.040%$391K$247K10xas long as short
Pacifica NVDA+0.0100%1h226.21−0.009%$297K$49K10xas long as short
KuCoin NVDAUSDTM+0.0100%8h226.38+0.066%$1.6M$747K20xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.21−0.009%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.30+0.031%$36K$21K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0104%1h226.230.000%$53K$1.9M10xas long as short
Aevo NVDA-PERP+0.0112%1h226.34+0.049%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0120%1h226.09−0.062%$1.3M$699K10xas long as short
Binance NVDAUSDT+0.0124%8h226.36+0.057%$154.4M$218.5M50xas long as short
Hotstuff NVDA-PERP+0.0128%1h226.22−0.004%$35K20xas long as short
edgeX NVDAUSDC+0.0153%4h226.33+0.045%$170K$1.9M20xas long as short
Lighter NVDAshort+0.0168%1h226.31+0.034%$2.1M$3.2M20x
Nado NVDA-PERP+0.0169%1h226.24+0.003%$481K$223K20xas long as short
Phoenix NVDA+0.0177%1h226.230.000%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.65+0.186%$73K$13830xas long as short
Lighter RH NVDA+0.0232%1h226.48+0.111%$5.1M$6.9M20xas long as short
BloFin NVDA-USDT+0.0243%8h226.39+0.071%$709K$195K20xas long as short
Extended NVDA_24_5-USD+0.0312%1h226.13−0.042%$644K$875K10xas long as short