Funding you earn now, next payment 05:00 UTC+0.0125%/8h= +13.7% APRpaid last 24h +0.073%
Price spread now: edgeX against Lighter RH−0.034%80s7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs+$53as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$180.182% of the position
Funding, last 7 days+0.717%+$72 on $10k
+Price spread, last 7 days−0.028%−$3 · spread now −0.034%, 7d avg −0.061%
=Together, before fees+0.689%+ Points / potential airdropLighter RH: Points live · edgeX: Active · farm board+$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and edgeX is 0.028% dearer against Lighter RH than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.061%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 227.08 | 0.0136 | pay 0.0017% / 1h | 14m 14s | $5.1M | $7.1M | 20x |
| Short | edgeX NVDAUSDC | 227.00 | 0.0261 | get 0.0131% / 4h | 3h 14m | $170K | $1.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- $26.26
- Price spread: −0.034% → −0.061%
- $2.75
- Slippage, 4 orders
- −$9.22
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- $10.79
- Costs to cover
- 0.182%
- Break-even
- 4.1 days
Slippage from Lighter RH: live order book, 4 min ago; edgeX: live order book, 5 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, 4 min ago | 0.88 bp | 1.1 bp −$1 | 2.2 bp −$22 | 32.2 bp −$3,218 | doesn't fit |
| Sell edgeX live order book, 5 min ago | 3.31 bp | 8.1 bp −$8 | 13.1 bp −$131 | 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 | 226.92 | −0.070% | $12.6M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.92 | −0.070% | $14.3M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.89 | −0.084% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.03 | −0.022% | $15.4M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 227.04 | −0.018% | $21K | $399K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.55 | −0.233% | $2K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.87 | −0.092% | $198K | $466K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.30 | +0.097% | $2.2M | $43K | 10x | as long as short |
| Aster NVDAUSDT | +0.0006% | 8h | 227.00 | −0.037% | $482K | $569K | 20x | as long as short |
| Aftermath Perps NVDAUSD | +0.0012% | 1h | 226.85 | −0.102% | $117K | $53K | 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 | +0.0028% | 8h | 226.96 | −0.055% | $3.6M | $2.2M | — | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.90 | −0.078% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.92 | −0.070% | $398K | $736K | 20x | as long as short |
| QFEX NVDA-USD | +0.0041% | 1h | 226.94 | −0.062% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.04 | −0.018% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.80 | −0.123% | $147.4M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.90 | −0.079% | $400K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.80 | −0.123% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.75 | −0.145% | $1.6M | $2.0M | 15x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0059% | 1h | 226.86 | −0.097% | $49K | $1.7M | 10x | as long as short |
| Nado NVDA-PERP | +0.0060% | 1h | 226.85 | −0.100% | $482K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0092% | 8h | 226.94 | −0.063% | $155.4M | $216.5M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.85 | −0.102% | $298K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.98 | −0.044% | $1.6M | $730K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.86 | −0.097% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.91 | −0.075% | $36K | $21K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.93 | −0.066% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 227.11 | +0.013% | $1.3M | $781K | 10x | as long as short |
| Lighter RH NVDAlong | +0.0136% | 1h | 227.08 | long leg | $5.1M | $7.1M | 20x | |
| Hotstuff NVDA-PERP | +0.0136% | 1h | 226.86 | −0.097% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 226.87 | −0.092% | $93K | $112K | 20x | as long as short |
| BloFin NVDA-USDT | +0.0213% | 8h | 227.03 | −0.022% | $719K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0216% | 1h | 226.76 | −0.141% | $672K | $765K | 10x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.32 | +0.106% | $73K | $139 | 30x | as long as short |
| edgeX NVDAUSDCshort | +0.0261% | 4h | 227.00 | −0.034% | $170K | $1.9M | 20x |
Lighter RH NVDA
edgeX NVDAUSDC
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
Aster NVDAUSDT
Aftermath Perps NVDAUSD
Variational Omni NVDA
Lighter NVDA
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Phoenix NVDA
BloFin NVDA-USDT
Extended NVDA_24_5-USD
Injective NVDA/USDC PERP