Funding arb · Price arb /

NVDA

RWAall NVDA markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0048%/8h= −5.3% APRnext payment −$0.06 per $10,000 · paid last 24h —

Price spread now: Aevo against Lighter RH−0.049%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter RH Short on Aevo

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropLighter RH: Points live · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aevo is 0.049% cheaper against Lighter RH than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	226.42	0.0152	pay 0.0019% / 1h	41m 20s	$5.0M	$6.9M	20x
Short	Aevo NVDA-PERP	226.31	0.0104	get 0.0013% / 1h	41m 20s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Lighter RH. 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 Lighter RHbpFee AevobpOrdersPrice spread, now −0.049%Rate

Funding earned: −$10.08
Price spread: −0.049% → 0.000%: −$4.92
Slippage, 4 orders: no order book: not counted
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$31
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Lighter RH: live order book, 2 min ago; Aevo: no order-book sample. 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 Lighter RH live order book, 2 min ago	0.88 bp	1.6 bp −$2	5.1 bp −$51	36.2 bp −$3,625	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

Aevo: 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
Bybit NVDAUSDT	0.0000%	8h	226.32	−0.044%	$12.4M	$15.1M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.32	−0.044%	$14.2M	$20.5M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.27	−0.066%	$7.2M	$9.8M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.35	−0.031%	$15.2M	$16.3M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.41	−0.005%	$21K	$423K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	225.98	−0.194%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.37	−0.022%	$198K	$453K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.67	+0.110%	$2.2M	$42K	10x	as long as short
Aster NVDAUSDT	+0.0003%	8h	226.35	−0.030%	$482K	$571K	20x	as long as short
Aftermath Perps NVDAUSD	+0.0016%	1h	226.32	−0.044%	$117K	$51K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NVDA	+0.0018%	8h	226.33	−0.042%	$3.6M	$2.1M	—	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	−0.053%	$398K	$735K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.40	−0.009%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.19	−0.102%	$146.9M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.27	−0.066%	$398K	$279K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.23	−0.084%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.16	−0.115%	$1.6M	$2.0M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.33	−0.040%	$1.3M	$9.1M	10x	as long as short
Binance NVDAUSDT	+0.0089%	8h	226.32	−0.046%	$154.3M	$219.2M	50x	as long as short
Lighter NVDA	+0.0096%	1h	226.29	−0.057%	$2.1M	$3.3M	20x	as long as short
Pacifica NVDA	+0.0100%	1h	226.20	−0.098%	$297K	$48K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.36	−0.026%	$1.6M	$749K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.18	−0.106%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.27	−0.066%	$36K	$21K	20x	as long as short
Aevo NVDA-PERPshort	+0.0104%	1h	226.31	−0.049%	—	—	10x
Phoenix NVDA	+0.0106%	1h	226.20	−0.097%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0112%	1h	226.29	−0.057%	$1.3M	$789K	10x	as long as short
Hotstuff NVDA-PERP	+0.0128%	1h	226.18	−0.106%	$35K	—	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0148%	1h	226.23	−0.084%	$52K	$1.8M	10x	as long as short
Nado NVDA-PERP	+0.0151%	1h	226.18	−0.106%	$480K	$226K	20x	as long as short
Lighter RH NVDAlong	+0.0152%	1h	226.42	long leg	$5.0M	$6.9M	20x
BloFin NVDA-USDT	+0.0209%	8h	226.44	+0.009%	$716K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.01	+0.261%	$73K	$137	30x	as long as short
Extended NVDA_24_5-USD	+0.0464%	1h	226.13	−0.128%	$667K	$762K	10x	as long as short
edgeX NVDAUSDC	+0.0544%	4h	226.32	−0.042%	$170K	$1.9M	20x	as long as short