Funding you earn now, next payment 04:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h +0.002%
Price spread now: KuCoin against Lighter RH−0.048%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$450.447% of the position
Funding, last 7 days+0.101%+$10 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.048%, 7d avg −0.022%
=Together, before fees+0.125%+ Points / potential airdropLighter RH: Points live · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and KuCoin is 0.026% cheaper against Lighter RH than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.101%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 227.73 | 0.0144 | pay 0.0018% / 1h | 8m 01s | $5.1M | $7.1M | 20x |
| Short | KuCoin NVDAUSDTM | 227.62 | 0.0129 | get 0.0129% / 8h | 4h 08m | $1.6M | $723K | 20x |
Lighter RH NVDA
KuCoin NVDAUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$3.15
- Price spread: −0.048% → −0.022%
- −$2.64
- Slippage, 4 orders
- −$32.68
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$50.47
- Costs to cover
- 0.447%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 6 min ago; KuCoin: live order book, 8 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 | 1.10 bp | 1.4 bp −$1 | 2.8 bp −$28 | 35.4 bp −$3,541 | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 1.10 bp | 18.7 bp −$19 | doesn't fit | 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 | 227.59 | −0.061% | $12.7M | $14.7M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.57 | −0.070% | $14.4M | $20.5M | 50x | as long as short |
| Hotstuff NVDA-PERP | 0.0000% | 1h | 227.47 | −0.114% | $35K | — | 20x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.53 | −0.088% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.62 | −0.048% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.21 | −0.228% | $3K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | −0.040% | $198K | $468K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.60 | −0.057% | $2.2M | $43K | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0013% | 8h | 227.60 | −0.057% | $20K | $391K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0015% | 1h | 227.47 | −0.116% | $118K | $54K | 10x | as long as short |
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Hotstuff NVDA-PERP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDT
GRVT NVDA_USDT_Perp
Aftermath Perps NVDAUSDShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster NVDAUSDT | +0.0030% | 8h | 227.61 | −0.052% | $483K | $590K | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 227.52 | −0.092% | $399K | $741K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.70 | −0.013% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.47 | −0.114% | $147.8M | $43.4M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.55 | −0.079% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.46 | −0.119% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.33 | −0.176% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.55 | −0.079% | $1.3M | $9.2M | 10x | as long as short |
| Variational Omni NVDA | +0.0061% | 8h | 227.56 | −0.073% | $3.5M | $2.1M | — | as long as short |
| Nado NVDA-PERP | +0.0069% | 1h | 227.47 | −0.113% | $484K | $228K | 20x | as long as short |
| Lighter NVDA | +0.0072% | 1h | 227.57 | −0.069% | $2.2M | $3.3M | 20x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 227.47 | −0.116% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.45 | −0.123% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.57 | −0.070% | $36K | $21K | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0102% | 1h | 227.51 | −0.097% | $49K | $1.6M | 10x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | −0.088% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.58 | −0.066% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0115% | 8h | 227.61 | −0.053% | $156.2M | $215.8M | 50x | as long as short |
| KuCoin NVDAUSDTMshort | +0.0129% | 8h | 227.62 | −0.048% | $1.6M | $723K | 20x | |
| Phoenix NVDA | +0.0141% | 1h | 227.52 | −0.092% | $94K | $112K | 20x | as long as short |
| Lighter RH NVDAlong | +0.0144% | 1h | 227.73 | long leg | $5.1M | $7.1M | 20x | |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.91 | +0.079% | $73K | $139 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0235% | 8h | 227.60 | −0.057% | $722K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0328% | 1h | 227.45 | −0.123% | $673K | $754K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0644% | 4h | 227.56 | −0.073% | $171K | $1.9M | 20x | as long as short |
Aster NVDAUSDT
Arcus NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
QFEX NVDA-USD
Variational Omni NVDA
Nado NVDA-PERP
Lighter NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Deribit NVDA_USDC-PERPETUAL
Coinbase International NVDA-PERP-INTX
Aevo NVDA-PERP
Binance NVDAUSDT
Phoenix NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC