NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.09 per $10,000 · paid last 24h +0.026%

Price spread now: Lighter against tradeXYZ+0.047%7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$200.205% of the position

Long on tradeXYZ Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days+0.151%+$15 on $10k

Price spread, last 7 days+0.012%+$1 · spread now +0.047%, 7d avg +0.056%

Together, before fees+0.163%+ Points / potential airdroptradeXYZ: Active · Lighter: Season 3 · farm board+$16 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.056%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NVDA	227.69	0.0050	pay 0.0006% / 1h	13m 17s	$148.2M	$44.6M	20x
Short	Lighter NVDA	227.80	0.0120	get 0.0015% / 1h	13m 17s	$2.2M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee LighterbpOrdersPrice spread, now +0.047%Rate

Funding earned: $14.7
Price spread: +0.047% → +0.056%: −$0.86
Slippage, 4 orders: −$2.48
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Lighter: 0 bp × 2 orders: $0
Net: −$6.64
Costs to cover: 0.205%
Break-even: 10.2 days

Slippage from tradeXYZ: live order book, 7 min ago; Lighter: live order book, 4 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 tradeXYZ live order book, 7 min ago	0.22 bp	9.7 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit
Sell Lighter live order book, 4 min ago	0.31 bp	0.4 bp $0	1.0 bp −$10	66.6 bp −$6,660	doesn't fit

NVDA on 34 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	227.81	+0.052%	$484K	$590K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.80	+0.048%	$12.7M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.79	+0.044%	$14.4M	$20.3M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.72	+0.013%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.83	+0.061%	$15.4M	$16.4M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.28	−0.180%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.84	+0.066%	$198K	$490K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.91	+0.097%	$2.2M	$43K	10x	as long as short
GRVT NVDA_USDT_Perp	+0.0012%	8h	227.85	+0.069%	$20K	$389K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0012%	1h	227.77	+0.036%	$118K	$54K	10x	as long as short

Show all 34 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit NVDA_USDC-PERPETUAL	+0.0014%	1h	227.75	+0.026%	$49K	$1.5M	10x	as long as short
Variational Omni NVDA	+0.0022%	8h	227.80	+0.050%	$3.5M	$2.0M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.67	−0.009%	$400K	$721K	20x	as long as short
QFEX NVDA-USD	+0.0045%	1h	227.83	+0.061%	$1.4M	$9.9M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.95	+0.114%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAlong	+0.0050%	1h	227.69	long leg	$148.2M	$44.6M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.78	+0.040%	$402K	$277K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.67	−0.009%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.64	−0.022%	$1.6M	$2.0M	15x	as long as short
Hotstuff NVDA-PERP	+0.0072%	1h	227.71	+0.009%	$35K	—	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0072%	1h	227.46	−0.101%	$1.3M	$783K	10x	as long as short
edgeX NVDAUSDC	+0.0078%	4h	227.79	+0.046%	$170K	$1.9M	20x	as long as short
Nado NVDA-PERP	+0.0080%	1h	227.71	+0.010%	$484K	$229K	20x	as long as short
Binance NVDAUSDT	+0.0084%	8h	227.82	+0.057%	$156.3M	$215.8M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.69	+0.001%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.68	−0.004%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.78	+0.040%	$36K	$22K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.80	+0.048%	—	—	10x	as long as short
Phoenix NVDA	+0.0105%	1h	227.67	−0.009%	$94K	$112K	20x	as long as short
Lighter NVDAshort	+0.0120%	1h	227.80	+0.047%	$2.2M	$3.2M	20x
KuCoin NVDAUSDTM	+0.0129%	8h	227.85	+0.070%	$1.6M	$736K	20x	as long as short
Lighter RH NVDA	+0.0136%	1h	227.93	+0.105%	$5.1M	$7.0M	20x	as long as short
Extended NVDA_24_5-USD	+0.0184%	1h	227.69	0.000%	$689K	$714K	10x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.09	+0.176%	$73K	$138	30x	as long as short