Funding you earn now, next payment 09:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.042%
Price spread now: HTX against Lighter RH+0.027%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$220.225% of the position
Funding, last 7 days−0.228%−$23 on $10k
+Price spread, last 4 days (all we have)−0.296%−$30 · spread now +0.027%, 7d avg −0.071%
=Together, before fees−0.524%+ Points / potential airdropLighter RH: Points live · farm board−$52 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.097% dearer against Lighter RH than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of −0.071%): +$10 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.1 days. At the pace of the last 7 days (−0.228% in total) that is about 3.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.25 | 0.0040 | pay 0.0005% / 1h | 35m 17s | $5.1M | $7.0M | 20x |
| Short | HTX NVDA-USDT | 226.31 | 0 | get 0.0000% / 8h | 7h 35m | $198K | $437K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$8.4
- Price spread: +0.027% → −0.071%
- $9.73
- Slippage, 4 orders
- −$10.48
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$21.15
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; HTX: live order book, 63 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 | 1.55 bp | 1.5 bp −$2 | 2.8 bp −$28 | 32.9 bp −$3,287 | doesn't fit |
| Sell HTX live order book, 63 min ago | 0.22 bp | 11.6 bp −$12 | 13.2 bp −$132 | 16.8 bp −$1,679 | 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 | 226.09 | −0.071% | $12.5M | $14.6M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.12 | −0.057% | $14.1M | $20.3M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.09 | −0.071% | $7.2M | $9.9M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.18 | −0.031% | $15.8M | $16.1M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.29 | +0.018% | $21K | $428K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 225.82 | −0.190% | $2K | $3.5M | 20x | as long as short |
| HTX NVDA-USDTshort | 0.0000% | 8h | 226.31 | +0.027% | $198K | $437K | 30x | |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.44 | +0.084% | $2.2M | $41K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.07 | −0.078% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.08 | −0.076% | $2.1M | $3.2M | 20x | 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 | 225.95 | −0.133% | $644K | $872K | 10x | as long as short |
| Lighter RH NVDAlong | +0.0040% | 1h | 226.25 | long leg | $5.1M | $7.0M | 20x | |
| Arcus NVDA-USD | +0.0040% | 1h | 226.08 | −0.075% | $392K | $736K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.26 | +0.004% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.02 | −0.102% | $146.8M | $43.1M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 226.00 | −0.110% | $390K | $240K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 225.98 | −0.119% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.03 | −0.097% | $1.6M | $1.9M | 15x | as long as short |
| Nado NVDA-PERP | +0.0058% | 1h | 226.01 | −0.106% | $480K | $222K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0060% | 1h | 226.07 | −0.080% | $53K | $1.9M | 10x | as long as short |
| Hotstuff NVDA-PERP | +0.0064% | 1h | 226.09 | −0.071% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | +0.0071% | 8h | 226.12 | −0.057% | $481K | $544K | 20x | as long as short |
| QFEX NVDA-USD | +0.0072% | 1h | 226.13 | −0.053% | $1.3M | $9.1M | 10x | as long as short |
| edgeX NVDAUSDC | +0.0081% | 4h | 226.27 | +0.011% | $171K | $1.9M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 225.96 | −0.128% | $297K | $50K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.13 | −0.053% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.11 | −0.062% | $36K | $20K | 20x | as long as short |
| Variational Omni NVDA | +0.0100% | 8h | 226.16 | −0.041% | $3.2M | $2.5M | — | as long as short |
| KuCoin NVDAUSDTM | +0.0104% | 8h | 226.16 | −0.040% | $1.6M | $949K | 20x | as long as short |
| Aevo NVDA-PERP | +0.0120% | 1h | 226.13 | −0.051% | — | — | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0136% | 1h | 226.29 | +0.018% | $1.3M | $687K | 10x | as long as short |
| Binance NVDAUSDT | +0.0156% | 8h | 226.17 | −0.035% | $154.9M | $220.7M | 50x | as long as short |
| Phoenix NVDA | +0.0212% | 1h | 226.13 | −0.053% | $93K | $83K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.54 | +0.128% | $73K | $137 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0276% | 8h | 226.18 | −0.031% | $715K | $198K | 20x | as long as short |
Lighter RH NVDA
HTX NVDA-USDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Lighter NVDA
Extended NVDA_24_5-USD
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Deribit NVDA_USDC-PERPETUAL
Aster NVDAUSDT
edgeX NVDAUSDC
Pacifica NVDA
ApeX Omni NVDAUSDT
Variational Omni NVDA
KuCoin NVDAUSDTM
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT