NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0114%/8h= +12.4% APRnext payment +$0.14 per $10,000 · paid last 24h +0.034%

Price spread now: Lighter against Aftermath Perps+0.031%7-day average +0.053% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$320.324% of the position

Long on Aftermath Perps Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.155%+$15 on $10k

Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.031%, 7d avg +0.053%

Together, before fees+0.214%+ Points / potential airdropLighter: Season 3 · farm board+$21 on $10k · with fees, hour by hour

Funding pays, the price is against you. Lighter is 0.022% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread +0.031% now, against its 7-day average of +0.053%). If the spread goes back, that is −$2 on $10k: about 15 hours of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aftermath Perps NVDAUSD	227.16	0.0014	pay 0.0002% / 1h	46m 58s	$118K	$55K	10x
Short	Lighter NVDA	227.23	0.0128	get 0.0016% / 1h	46m 58s	$2.1M	$3.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aftermath Perps. 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 Aftermath PerpsbpFee LighterbpOrdersPrice spread, now +0.031%Rate

Funding earned: $23.88
Price spread: +0.031% → +0.053%: −$2.16
Slippage, 4 orders: −$23.42
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Fee Lighter: 0 bp × 2 orders: $0
Net: −$10.71
Costs to cover: 0.324%
Break-even: 10.1 days

Slippage from Aftermath Perps: live order book, 37 min ago; Lighter: live order book, 5 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 Aftermath Perps live order book, 37 min ago	9.12 bp	15.6 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Lighter live order book, 5 min ago	0.24 bp	0.5 bp $0	1.4 bp −$14	10.7 bp −$1,071	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
Hotstuff NVDA-PERP	−0.0024%	1h	227.06	−0.043%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	227.17	+0.008%	$473K	$550K	20x	as long as short
Binance NVDAUSDT	0.0000%	8h	227.26	+0.043%	$156.2M	$220.6M	50x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.19	+0.014%	$12.6M	$15.7M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.21	+0.023%	$14.4M	$21.1M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.17	+0.006%	$7.2M	$9.5M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.25	+0.039%	$3.5M	$2.3M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.27	+0.050%	$20K	$452K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.86	−0.131%	$3K	$4.0M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.31	+0.067%	$202K	$524K	30x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NVDAUSDT	0.0000%	4h	227.28	+0.054%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSDlong	+0.0014%	1h	227.16	long leg	$118K	$55K	10x
Bitget NVDAUSDT	+0.0023%	8h	227.23	+0.032%	$15.6M	$18.2M	100x	as long as short
Extended NVDA_24_5-USD	+0.0032%	1h	227.03	−0.054%	$522K	$409K	10x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.20	+0.019%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.31	+0.067%	—	$73K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.06	−0.043%	$147.1M	$50.1M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.13	−0.012%	$390K	$281K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.09	−0.030%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.04	−0.052%	$1.6M	$2.1M	15x	as long as short
Nado NVDA-PERP	+0.0055%	1h	227.09	−0.030%	$487K	$225K	20x	as long as short
Phoenix NVDA	+0.0070%	1h	227.11	−0.021%	$93K	$112K	20x	as long as short
Aevo NVDA-PERP	+0.0080%	1h	227.19	+0.015%	—	—	10x	as long as short
Lighter RH NVDA	+0.0088%	1h	227.34	+0.080%	$4.9M	$7.0M	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0096%	1h	227.01	−0.065%	$1.3M	$911K	10x	as long as short
Pacifica NVDA	+0.0100%	1h	227.07	−0.040%	$298K	$60K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	227.24	+0.036%	$1.6M	$753K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.16	+0.001%	$16K	$43K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.20	+0.019%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.14	−0.008%	$49K	$1.5M	10x	as long as short
BloFin NVDA-USDT	+0.0120%	8h	227.27	+0.050%	$714K	$205K	20x	as long as short
Lighter NVDAshort	+0.0128%	1h	227.23	+0.031%	$2.1M	$3.2M	20x
Injective NVDA/USDC PERP	+0.0220%	1h	227.63	+0.208%	$73K	$135	30x	as long as short
Arcus NVDA-USD	+0.0305%	1h	227.13	−0.012%	$388K	$709K	20x	as long as short
edgeX NVDAUSDC	+0.0498%	4h	227.24	+0.038%	$170K	$1.9M	20x	as long as short