NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0044%/8h= −4.9% APRnext payment −$0.06 per $10,000 · paid last 24h −0.029%

Price spread now: Aftermath Perps against Lighter−0.031%7-day average −0.051% · you buy dearer than you sell

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

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$260.262% of the position

Long on Lighter Short on Aftermath Perps

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.164%−$16 on $10k

Price spread, last 4 days (all we have)−0.059%−$6 · spread now −0.031%, 7d avg −0.051%

Together, before fees−0.223%+ Points / potential airdropLighter: Season 3 · farm board−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aftermath Perps is 0.020% dearer against Lighter than usual: you sell high and buy low (spread −0.031% now, against its 7-day average of −0.051%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 37 hours. At the pace of the last 3 days (−0.164% in total) that is about 10 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	227.36	0.0056	pay 0.0007% / 1h	45m 09s	$2.1M	$3.3M	20x
Short	Aftermath Perps NVDAUSD	227.29	0.0012	get 0.0001% / 1h	45m 09s	$118K	$53K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aftermath Perps against Lighter. 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 LighterbpFee Aftermath PerpsbpOrdersPrice spread, now −0.031%Rate

Funding earned: −$9.3
Price spread: −0.031% → −0.051%: $2.03
Slippage, 4 orders: −$17.25
Fee Lighter: 0 bp × 2 orders: $0
Fee Aftermath Perps: 4.5 bp × 2 orders: −$9
Net: −$33.52
Costs to cover: 0.262%
Break-even: never at this rate

Slippage from Lighter: live order book, 7 min ago; Aftermath Perps: live order book, 9 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 Lighter live order book, 7 min ago	0.40 bp	0.6 bp −$1	1.8 bp −$18	7.7 bp −$769	doesn't fit
Sell Aftermath Perps live order book, 9 min ago	4.57 bp	11.1 bp −$11	doesn't fit	doesn't fit	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
Bybit NVDAUSDT	0.0000%	8h	227.40	+0.019%	$12.7M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.40	+0.019%	$14.4M	$20.4M	50x	as long as short
Hotstuff NVDA-PERP	0.0000%	1h	227.34	−0.007%	$35K	—	20x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.36	+0.001%	$7.2M	$9.6M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	227.53	+0.076%	$15.4M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.38	+0.011%	$20K	$392K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.98	−0.166%	$2K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.52	+0.072%	$198K	$465K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.53	+0.076%	$2.2M	$43K	10x	as long as short
Aftermath Perps NVDAUSDshort	+0.0012%	1h	227.29	−0.031%	$118K	$53K	10x

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NVDAUSDT	+0.0020%	8h	227.44	+0.036%	$483K	$590K	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.40	+0.019%	$399K	$741K	20x	as long as short
QFEX NVDA-USD	+0.0041%	1h	227.40	+0.019%	$1.3M	$9.2M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.52	+0.072%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.27	−0.038%	$147.7M	$43.4M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.36	+0.001%	$401K	$276K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.25	−0.047%	$58K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.23	−0.056%	$1.6M	$2.0M	15x	as long as short
Variational Omni NVDA	+0.0051%	8h	227.48	+0.052%	$3.6M	$2.2M	—	as long as short
Lighter NVDAlong	+0.0056%	1h	227.36	long leg	$2.1M	$3.3M	20x
Nado NVDA-PERP	+0.0066%	1h	227.31	−0.019%	$484K	$227K	20x	as long as short
Pacifica NVDA	+0.0100%	1h	227.31	−0.023%	$298K	$51K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.29	−0.029%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.35	−0.003%	$36K	$21K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0102%	1h	227.30	−0.025%	$49K	$1.7M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.39	+0.013%	—	—	10x	as long as short
Binance NVDAUSDT	+0.0106%	8h	227.41	+0.025%	$156.0M	$215.9M	50x	as long as short
KuCoin NVDAUSDTM	+0.0110%	8h	227.43	+0.032%	$1.6M	$726K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	227.53	+0.076%	$1.3M	$775K	10x	as long as short
Phoenix NVDA	+0.0141%	1h	227.30	−0.025%	$93K	$112K	20x	as long as short
Lighter RH NVDA	+0.0152%	1h	227.52	+0.072%	$5.1M	$7.1M	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.83	+0.208%	$73K	$136	30x	as long as short
BloFin NVDA-USDT	+0.0226%	8h	227.43	+0.032%	$719K	$201K	20x	as long as short
Extended NVDA_24_5-USD	+0.0232%	1h	227.18	−0.080%	$674K	$778K	10x	as long as short
edgeX NVDAUSDC	+0.0310%	4h	227.48	+0.054%	$171K	$1.9M	20x	as long as short