NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0008%/8h= −0.9% APRnext payment −$0.01 per $10,000 · paid last 24h −0.003%

Price spread now: Coinbase International against Lighter RH−0.141%7-day average −0.119% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$22as in the Price arb table

costs, in and out, $10k−$190.193% of the position

Long on Lighter RH Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 7 days−0.021%−$2 on $10k

Price spread, last 4 days (all we have)−0.038%−$4 · spread now −0.141%, 7d avg −0.119%

Together, before fees−0.059%+ Points / potential airdropLighter RH: Points live · farm board−$6 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Coinbase International is 0.022% cheaper against Lighter RH than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.119%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter RH NVDA	226.61	0.0120	pay 0.0015% / 1h	25m 44s	$5.0M	$7.0M	20x
Short	Coinbase International NVDA-PERP-INTX	226.29	0.0112	get 0.0014% / 1h	25m 44s	$1.3M	$732K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International 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 Coinbase InternationalbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$1.68
Price spread: −0.141% → −0.119%: −$2.24
Slippage, 4 orders: −$9.29
Fee Lighter RH: 0 bp × 2 orders: $0
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$23.21
Costs to cover: 0.193%
Break-even: never at this rate

Slippage from Lighter RH: live order book, 3 min ago; Coinbase International: live order book, 3 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, 3 min ago	1.76 bp	1.9 bp −$2	3.6 bp −$36	36.9 bp −$3,692	doesn't fit
Sell Coinbase International live order book, 3 min ago	2.21 bp	8.2 bp −$8	10.5 bp −$105	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
Aster NVDAUSDT	0.0000%	8h	226.48	−0.059%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.50	−0.049%	$12.4M	$14.8M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.46	−0.066%	$14.1M	$20.6M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.50	−0.049%	$7.2M	$9.9M	100x	as long as short
Bitget NVDAUSDT	0.0000%	8h	226.48	−0.057%	$15.2M	$16.0M	100x	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	226.34	−0.119%	$21K	$419K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.13	−0.212%	$2K	$3.6M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.57	−0.018%	$198K	$451K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.59	−0.009%	$2.2M	$42K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	226.22	−0.171%	$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	+0.0016%	8h	226.48	−0.059%	$3.4M	$2.3M	—	as long as short
edgeX NVDAUSDC	+0.0039%	4h	226.42	−0.084%	$170K	$1.9M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.37	−0.106%	$399K	$731K	20x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.57	−0.018%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.37	−0.106%	$147.1M	$43.5M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	226.42	−0.084%	$391K	$285K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	226.36	−0.110%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.27	−0.150%	$1.6M	$1.9M	15x	as long as short
QFEX NVDA-USD	+0.0056%	1h	226.46	−0.066%	$1.3M	$9.1M	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0059%	1h	226.41	−0.088%	$52K	$1.8M	10x	as long as short
Lighter NVDA	+0.0080%	1h	226.47	−0.060%	$2.1M	$3.3M	20x	as long as short
Hotstuff NVDA-PERP	+0.0080%	1h	226.35	−0.115%	$35K	—	20x	as long as short
Binance NVDAUSDT	+0.0083%	8h	226.50	−0.049%	$154.5M	$218.0M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.35	−0.115%	$297K	$46K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.42	−0.084%	$1.6M	$742K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.36	−0.110%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.45	−0.071%	$36K	$21K	20x	as long as short
Aevo NVDA-PERP	+0.0104%	1h	226.47	−0.062%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.39	−0.097%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTXshort	+0.0112%	1h	226.29	−0.141%	$1.3M	$732K	10x
Lighter RH NVDAlong	+0.0120%	1h	226.61	long leg	$5.0M	$7.0M	20x
Nado NVDA-PERP	+0.0123%	1h	226.31	−0.130%	$481K	$224K	20x	as long as short
BloFin NVDA-USDT	+0.0204%	8h	226.48	−0.057%	$715K	$194K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.67	+0.026%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0408%	1h	226.31	−0.130%	$623K	$833K	10x	as long as short