Funding you earn now, next payment 08:00 UTC−0.0048%/8h= −5.2% APRpaid last 24h −0.009%
Price spread now: Binance against Lighter RH−0.020%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$130.126% of the position
Funding, last 7 days−0.038%−$4 on $10k
+Price spread, last 7 days−0.013%−$1 · spread now −0.020%, 7d avg −0.020%
=Together, before fees−0.051%+ Points / potential airdropLighter RH: Points live · farm board−$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.33 | 0.0152 | pay 0.0019% / 1h | 57m 44s | $5.1M | $6.9M | 20x |
| Short | Binance NVDAUSDT | 226.29 | 0.0104 | get 0.0104% / 8h | 57m 44s | $154.3M | $218.4M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.03
- Price spread: −0.020% → −0.020%
- −$0.01
- Slippage, 4 orders
- −$2.61
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$22.66
- Costs to cover
- 0.126%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; Binance: live order book, 16 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 RH live order book, 6 min ago | 0.66 bp | 0.8 bp −$1 | 3.0 bp −$30 | 34.1 bp −$3,409 | doesn't fit |
| Sell Binance live order book, 16 min ago | 0.22 bp | 5.2 bp −$5 | 5.6 bp −$56 | 14.5 bp −$1,449 | 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 | 226.28 | −0.022% | $12.4M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.28 | −0.022% | $14.1M | $20.5M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.26 | −0.031% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.36 | +0.013% | $15.8M | $16.6M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.46 | +0.058% | $21K | $421K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.82 | −0.225% | $2K | $3.6M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.42 | +0.040% | $198K | $448K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.49 | +0.071% | $2.2M | $42K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0018% | 1h | 226.22 | −0.049% | $117K | $51K | 10x | as long as short |
| Aster NVDAUSDT | +0.0018% | 8h | 226.30 | −0.015% | $482K | $530K | 20x | 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 | +0.0036% | 8h | 226.42 | +0.038% | $3.5M | $2.3M | — | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.35 | +0.009% | $399K | $732K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.38 | +0.022% | — | $74K | 25x | as long as short |
| Hotstuff NVDA-PERP | +0.0048% | 1h | 226.24 | −0.040% | $35K | — | 20x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.13 | −0.088% | $146.9M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.24 | −0.040% | $391K | $247K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.15 | −0.080% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.13 | −0.088% | $1.6M | $1.9M | 15x | as long as short |
| QFEX NVDA-USD | +0.0056% | 1h | 226.30 | −0.013% | $1.3M | $9.1M | 10x | as long as short |
| Lighter NVDA | +0.0080% | 1h | 226.23 | −0.045% | $2.1M | $3.2M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.19 | −0.061% | $297K | $49K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.32 | −0.004% | $1.6M | $742K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.21 | −0.053% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.23 | −0.044% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.29 | −0.018% | — | — | 10x | as long as short |
| Binance NVDAUSDTshort | +0.0104% | 8h | 226.29 | −0.020% | $154.3M | $218.4M | 50x | |
| Phoenix NVDA | +0.0106% | 1h | 226.30 | −0.013% | $93K | $83K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0120% | 1h | 226.29 | −0.018% | $1.3M | $697K | 10x | as long as short |
| Nado NVDA-PERP | +0.0124% | 1h | 226.19 | −0.060% | $480K | $223K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0148% | 1h | 226.19 | −0.062% | $53K | $1.8M | 10x | as long as short |
| Lighter RH NVDAlong | +0.0152% | 1h | 226.33 | long leg | $5.1M | $6.9M | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.94 | +0.270% | $73K | $135 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0224% | 8h | 226.43 | +0.044% | $712K | $195K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0360% | 1h | 226.07 | −0.115% | $644K | $875K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0455% | 4h | 226.45 | +0.053% | $170K | $1.9M | 20x | as long as short |
Lighter RH NVDA
Binance NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDT
Variational Omni NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Lighter NVDA
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC