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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0196%/8h= +21.5% APRnext payment +$0.24 per $10,000 · paid last 24h +0.024%
Price spread now: Lighter RH against Aftermath Perps+0.072%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.159%+$16 on $10k
Price spread, last 4 days (all we have)+0.155%+$15 · spread now +0.072%, 7d avg +0.105%
Together, before fees+0.314%+ Points / potential airdropLighter RH: Points live · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter RH is 0.033% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread +0.072% now, against its 7-day average of +0.105%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$6 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAftermath Perps NVDAUSD227.520.0012pay 0.0002% / 1h28m 13s$118K$54K10x
ShortLighter RH NVDA227.680.0208get 0.0026% / 1h28m 13s$5.1M$7.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH 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

Funding earned
$41.15
Price spread: +0.072% → +0.105%
−$3.34
Slippage, 4 orders
−$18.36
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$10.45
Costs to cover
0.274%
Break-even
5.2 days
Slippage from Aftermath Perps: live order book, 36 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aftermath Perps live order book, 36 min ago3.28 bp15.3 bp −$1522.9 bp −$229doesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago1.10 bp1.1 bp −$13.4 bp −$3429.8 bp −$2,978doesn't fit

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%8h227.56+0.019%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.55+0.015%$14.4M$20.2M50xas long as short
Gate NVDA_USDT0.0000%8h227.51−0.003%$7.2M$9.6M100xas long as short
Bitget NVDAUSDT0.0000%8h227.62+0.046%$15.5M$16.4M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h227.68+0.072%$20K$384K10xas long as short
SunX NVDA-USDT0.0000%8h227.06−0.201%$2K$3.7M20xas long as short
HTX NVDA-USDT0.0000%8h227.76+0.107%$198K$478K30xas long as short
Phemex NVDAUSDT0.0000%4h227.64+0.054%$2.2M$43K10xas long as short
Aster NVDAUSDT+0.0011%8h227.58+0.029%$483K$590K20xas long as short
Aftermath Perps NVDAUSDlong+0.0012%1h227.52long leg$118K$54K10x
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NVDA+0.0036%8h227.62+0.045%$3.5M$2.1Mas long as short
Hotstuff NVDA-PERP+0.0040%1h227.40−0.051%$35K20xas long as short
Arcus NVDA-USD+0.0040%1h227.68+0.072%$406K$745K20xas long as short
QFEX NVDA-USD+0.0044%1h227.56+0.019%$1.4M$9.6M10xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.64+0.054%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.41−0.047%$147.9M$44.2M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.51−0.003%$401K$277K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.41−0.047%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.43−0.038%$1.6M$2.0M15xas long as short
Coinbase International NVDA-PERP-INTX+0.0072%1h227.53+0.006%$1.3M$777K10xas long as short
Binance NVDAUSDT+0.0096%8h227.60+0.036%$156.2M$215.2M50xas long as short
Pacifica NVDA+0.0100%1h227.42−0.041%$298K$60K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.50−0.007%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.53+0.006%$36K$22K20xas long as short
Aevo NVDA-PERP+0.0104%1h227.56+0.019%10xas long as short
Phoenix NVDA+0.0105%1h227.50−0.007%$94K$112K20xas long as short
Nado NVDA-PERP+0.0123%1h227.42−0.043%$483K$228K20xas long as short
KuCoin NVDAUSDTM+0.0134%8h227.61+0.041%$1.6M$724K20xas long as short
Lighter NVDA+0.0168%1h227.56+0.018%$2.2M$3.2M20xas long as short
Lighter RH NVDAshort+0.0208%1h227.68+0.072%$5.1M$7.1M20x
BloFin NVDA-USDT+0.0215%8h227.67+0.068%$723K$201K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.99+0.208%$73K$13730xas long as short
edgeX NVDAUSDC+0.0277%4h227.60+0.037%$170K$1.9M20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0322%1h227.50−0.007%$49K$1.6M10xas long as short
Extended NVDA_24_5-USD+0.0352%1h227.37−0.064%$689K$722K10xas long as short