Settings8H · net · $10k
Funding arb · Price arb /

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH NVDA226.250.0040pay 0.0005% / 1h35m 17s$5.1M$7.0M20x
ShortHTX NVDA-USDT226.310get 0.0000% / 8h7h 35m$198K$437K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Lighter RH live order book, 3 min ago1.55 bp1.5 bp −$22.8 bp −$2832.9 bp −$3,287doesn't fit
Sell HTX live order book, 63 min ago0.22 bp11.6 bp −$1213.2 bp −$13216.8 bp −$1,679doesn't fit

NVDA on 35 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit NVDAUSDT0.0000%8h226.09−0.071%$12.5M$14.6M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h226.12−0.057%$14.1M$20.3M50xas long as short
Gate NVDA_USDT0.0000%8h226.09−0.071%$7.2M$9.9M100xas long as short
Bitget NVDAUSDT0.0000%8h226.18−0.031%$15.8M$16.1M100xas long as short
GRVT NVDA_USDT_Perp0.0000%8h226.29+0.018%$21K$428K10xas long as short
SunX NVDA-USDT0.0000%8h225.82−0.190%$2K$3.5M20xas long as short
HTX NVDA-USDTshort0.0000%8h226.31+0.027%$198K$437K30x
Phemex NVDAUSDT0.0000%4h226.44+0.084%$2.2M$41K10xas long as short
Aftermath Perps NVDAUSD+0.0011%1h226.07−0.078%$117K$52K10xas long as short
Lighter NVDA+0.0032%1h226.08−0.076%$2.1M$3.2M20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended NVDA_24_5-USD+0.0032%1h225.95−0.133%$644K$872K10xas long as short
Lighter RH NVDAlong+0.0040%1h226.25long leg$5.1M$7.0M20x
Arcus NVDA-USD+0.0040%1h226.08−0.075%$392K$736K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h226.26+0.004%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h226.02−0.102%$146.8M$43.1M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h226.00−0.110%$390K$240K10xas long as short
SoDEX NVDA-USD+0.0050%1h225.98−0.119%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h226.03−0.097%$1.6M$1.9M15xas long as short
Nado NVDA-PERP+0.0058%1h226.01−0.106%$480K$222K20xas long as short
Deribit NVDA_USDC-PERPETUAL+0.0060%1h226.07−0.080%$53K$1.9M10xas long as short
Hotstuff NVDA-PERP+0.0064%1h226.09−0.071%$35K20xas long as short
Aster NVDAUSDT+0.0071%8h226.12−0.057%$481K$544K20xas long as short
QFEX NVDA-USD+0.0072%1h226.13−0.053%$1.3M$9.1M10xas long as short
edgeX NVDAUSDC+0.0081%4h226.27+0.011%$171K$1.9M20xas long as short
Pacifica NVDA+0.0100%1h225.96−0.128%$297K$50K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h226.13−0.053%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h226.11−0.062%$36K$20K20xas long as short
Variational Omni NVDA+0.0100%8h226.16−0.041%$3.2M$2.5Mas long as short
KuCoin NVDAUSDTM+0.0104%8h226.16−0.040%$1.6M$949K20xas long as short
Aevo NVDA-PERP+0.0120%1h226.13−0.051%10xas long as short
Coinbase International NVDA-PERP-INTX+0.0136%1h226.29+0.018%$1.3M$687K10xas long as short
Binance NVDAUSDT+0.0156%8h226.17−0.035%$154.9M$220.7M50xas long as short
Phoenix NVDA+0.0212%1h226.13−0.053%$93K$83K20xas long as short
Injective NVDA/USDC PERP+0.0220%1h226.54+0.128%$73K$13730xas long as short
BloFin NVDA-USDT+0.0276%8h226.18−0.031%$715K$198K20xas long as short