Funding you earn now, next payment 00:00 UTC+0.0208%/8h= +22.8% APRnext payment +$0.26 per $10,000 · paid last 24h +0.053%
Price spread now: Lighter RH against Hotstuff+0.128%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropHotstuff: Active · Lighter RH: Points live · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Lighter RH is 0.128% dearer against Hotstuff than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Hotstuff NVDA-PERP | 227.38 | 0.0032 | pay 0.0004% / 1h | 39m 27s | $35K | — | 20x |
| Short | Lighter RH NVDA | 227.67 | 0.0240 | get 0.0030% / 1h | 39m 27s | $5.1M | $7.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter RH against Hotstuff. 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
- $43.68
- Price spread: +0.128% → 0.000%
- $12.75
- Slippage, 4 orders
- no order book: not counted
- Fee Hotstuff: 2.5 bp × 2 orders
- −$5
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Net
- $51.43
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Hotstuff: no order-book sample; Lighter RH: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Hotstuff no order-book sample | — | — | — | — | — |
| Sell Lighter RH live order book, 4 min ago | 0.66 bp | 2.0 bp −$2 | 3.4 bp −$34 | 26.5 bp −$2,652 | doesn't fit |
Hotstuff: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | 0.0000% | 8h | 227.42 | +0.018% | $482K | $587K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 227.50 | +0.053% | $12.7M | $15.4M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.51 | +0.057% | $14.4M | $21.0M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.42 | +0.018% | $7.2M | $9.6M | 100x | as long as short |
| Variational Omni NVDA | 0.0000% | 8h | 227.50 | +0.051% | $3.6M | $2.1M | — | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.53 | +0.066% | $20K | $416K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.99 | −0.172% | $3K | $3.9M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.48 | +0.044% | $198K | $523K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.62 | +0.106% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0030% | 1h | 227.45 | +0.031% | $118K | $55K | 10x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERPlong | +0.0032% | 1h | 227.38 | long leg | $35K | — | 20x | |
| Bitget NVDAUSDT | +0.0044% | 8h | 227.54 | +0.070% | $15.6M | $17.7M | 100x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.58 | +0.088% | — | $74K | 25x | as long as short |
| Binance NVDAUSDT | +0.0046% | 8h | 227.52 | +0.061% | $156.3M | $220.1M | 50x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.36 | −0.009% | $147.5M | $48.3M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.38 | 0.000% | $401K | $289K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.38 | 0.000% | $58K | $20K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.40 | +0.009% | $1.6M | $2.1M | 15x | as long as short |
| Extended NVDA_24_5-USD | +0.0056% | 1h | 227.32 | −0.024% | $536K | $446K | 10x | as long as short |
| QFEX NVDA-USD | +0.0060% | 1h | 227.51 | +0.057% | $1.6M | $11.4M | 10x | as long as short |
| Nado NVDA-PERP | +0.0081% | 1h | 227.36 | −0.008% | $484K | $229K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0096% | 1h | 227.49 | +0.050% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0096% | 1h | 227.01 | −0.163% | $1.3M | $861K | 10x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.34 | −0.018% | $298K | $60K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 227.51 | +0.057% | $1.6M | $743K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.38 | 0.000% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.50 | +0.053% | $36K | $22K | 20x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 227.38 | 0.000% | $93K | $112K | 20x | as long as short |
| Arcus NVDA-USD | +0.0127% | 1h | 227.35 | −0.013% | $400K | $724K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0166% | 8h | 227.49 | +0.048% | $713K | $204K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.72 | +0.150% | $73K | $136 | 30x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0234% | 1h | 227.45 | +0.031% | $49K | $1.4M | 10x | as long as short |
| Lighter RH NVDAshort | +0.0240% | 1h | 227.67 | +0.128% | $5.1M | $7.2M | 20x | |
| Lighter NVDA | +0.0248% | 1h | 227.55 | +0.076% | $2.1M | $3.3M | 20x | as long as short |
| edgeX NVDAUSDC | +0.0349% | 4h | 227.49 | +0.047% | $170K | $1.9M | 20x | as long as short |
Lighter RH NVDA
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Variational Omni NVDA
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Bitget NVDAUSDT
Binance NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Extended NVDA_24_5-USD
Coinbase International NVDA-PERP-INTX
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Deribit NVDA_USDC-PERPETUAL
Lighter NVDA
edgeX NVDAUSDC