NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0102%/8h= −11.2% APRnext payment −$0.13 per $10,000 · paid last 24h −0.024%

Price spread now: tradeXYZ against Lighter−0.057%7-day average −0.056% · you buy dearer than you sell

Net, funding: paid 7d − costs−$36as in the Funding arb table

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

costs, in and out, $10k−$210.206% of the position

Long on Lighter Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.152%−$15 on $10k

Price spread, last 7 days−0.006%−$1 · spread now −0.057%, 7d avg −0.056%

Together, before fees−0.158%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · 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: −$3 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NVDA	227.90	0.0152	pay 0.0019% / 1h	0m 06s	$2.2M	$3.3M	20x
Short	tradeXYZ xyz:NVDA	227.77	0.0050	get 0.0006% / 1h	0m 06s	$148.1M	$46.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.057%Rate

Funding earned: −$21.42
Price spread: −0.057% → −0.056%: −$0.13
Slippage, 4 orders: −$2.58
Fee Lighter: 0 bp × 2 orders: $0
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$42.13
Costs to cover: 0.206%
Break-even: never at this rate

Slippage from Lighter: live order book, 7 min ago; tradeXYZ: live order book, 10 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	0.31 bp	0.5 bp −$1	1.2 bp −$12	71.5 bp −$7,146	doesn't fit
Sell tradeXYZ live order book, 10 min ago	0.22 bp	9.6 bp −$10	11.3 bp −$113	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	227.91	+0.004%	$12.7M	$15.2M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.88	−0.009%	$14.4M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.83	−0.031%	$7.2M	$9.7M	100x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.44	−0.202%	$2K	$3.8M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.90	0.000%	$198K	$505K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.92	+0.009%	$2.2M	$43K	10x	as long as short
Aster NVDAUSDT	+0.0002%	8h	227.78	−0.052%	$484K	$582K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0013%	1h	227.85	−0.024%	$118K	$55K	10x	as long as short
Hotstuff NVDA-PERP	+0.0016%	1h	227.76	−0.061%	$35K	—	20x	as long as short
Variational Omni NVDA	+0.0019%	8h	227.86	−0.020%	$3.5M	$1.9M	—	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.72	−0.079%	$695K	$671K	10x	as long as short
Bitget NVDAUSDT	+0.0038%	8h	227.92	+0.009%	$15.4M	$16.8M	100x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.73	−0.075%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.87	−0.013%	$1.5M	$10.8M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.99	+0.039%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDAshort	+0.0050%	1h	227.77	−0.057%	$148.1M	$46.0M	20x
Polymarket Perps NVDA-USD	+0.0050%	1h	227.86	−0.018%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.75	−0.066%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.73	−0.075%	$1.5M	$2.1M	15x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.193%	$1.3M	$798K	10x	as long as short
Nado NVDA-PERP	+0.0085%	1h	227.81	−0.040%	$484K	$229K	20x	as long as short
Binance NVDAUSDT	+0.0087%	8h	227.92	+0.009%	$156.5M	$217.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	227.76	−0.063%	$299K	$60K	10x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	227.74	−0.070%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.88	−0.009%	$36K	$22K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0101%	1h	227.83	−0.031%	$49K	$1.5M	10x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	227.87	−0.013%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	227.75	−0.066%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0145%	8h	227.92	+0.009%	$1.6M	$734K	20x	as long as short
Lighter NVDAlong	+0.0152%	1h	227.90	long leg	$2.2M	$3.3M	20x
Lighter RH NVDA	+0.0152%	1h	228.04	+0.061%	$5.1M	$7.2M	20x	as long as short
GRVT NVDA_USDT_Perp	+0.0190%	8h	227.92	+0.007%	$21K	$391K	10x	as long as short
BloFin NVDA-USDT	+0.0207%	8h	227.90	0.000%	$720K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	228.20	+0.132%	$73K	$140	30x	as long as short
edgeX NVDAUSDC	+0.0342%	4h	227.88	−0.010%	$170K	$1.9M	20x	as long as short