Funding you earn now, next payment 06:00 UTC−0.0054%/8h= −5.9% APRnext payment −$0.07 per $10,000 · paid last 24h −0.026%
Price spread now: Polymarket Perps against Lighter RH−0.079%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$15as in the Price arb table
costs, in and out, $10k−$160.165% of the position
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.079%, 7d avg −0.096%
=Together, before fees−0.128%+ Points / potential airdropLighter RH: Points live · farm board−$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.096%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH NVDA | 226.54 | 0.0104 | pay 0.0013% / 1h | 25m 07s | $5.1M | $7.1M | 20x |
| Short | Polymarket Perps NVDA-USD | 226.36 | 0.0050 | get 0.0006% / 1h | 25m 07s | $398K | $278K | 10x |
Lighter RH NVDA
Polymarket Perps NVDA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$11.34
- Price spread: −0.079% → −0.096%
- $1.61
- Slippage, 4 orders
- −$8.49
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$26.21
- Costs to cover
- 0.165%
- Break-even
- never at this rate
Slippage from Lighter RH: live order book, 3 min ago; Polymarket Perps: live order book, 22 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 | 1.33 bp | 1.5 bp −$1 | 3.6 bp −$36 | 37.4 bp −$3,742 | doesn't fit |
| Sell Polymarket Perps live order book, 22 min ago | 2.42 bp | 6.4 bp −$6 | 7.0 bp −$70 | 9.2 bp −$918 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Hotstuff NVDA-PERP | −0.0040% | 1h | 226.20 | −0.150% | $35K | — | 20x | as long as short |
| Aster NVDAUSDT | 0.0000% | 8h | 226.42 | −0.053% | $482K | $571K | 20x | as long as short |
| Bybit NVDAUSDT | 0.0000% | 8h | 226.41 | −0.057% | $12.5M | $15.0M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 226.40 | −0.062% | $14.2M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 226.36 | −0.079% | $7.2M | $9.8M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 226.45 | −0.040% | $15.2M | $16.4M | 100x | as long as short |
| GRVT NVDA_USDT_Perp | 0.0000% | 8h | 226.46 | −0.037% | $21K | $409K | 10x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 226.16 | −0.168% | $3K | $3.7M | 20x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 226.55 | +0.004% | $198K | $459K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 226.52 | −0.009% | $2.2M | $43K | 10x | as long as short |
Hotstuff NVDA-PERP
Aster NVDAUSDT
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
GRVT NVDA_USDT_Perp
SunX NVDA-USDT
HTX NVDA-USDT
Phemex NVDAUSDTShow all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NVDA | +0.0004% | 8h | 226.34 | −0.089% | $3.6M | $2.1M | — | as long as short |
| Aftermath Perps NVDAUSD | +0.0011% | 1h | 226.29 | −0.108% | $117K | $52K | 10x | as long as short |
| Lighter NVDA | +0.0032% | 1h | 226.40 | −0.062% | $2.1M | $3.3M | 20x | as long as short |
| Arcus NVDA-USD | +0.0040% | 1h | 226.30 | −0.106% | $397K | $726K | 20x | as long as short |
| QFEX NVDA-USD | +0.0042% | 1h | 226.38 | −0.071% | $1.3M | $9.1M | 10x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 226.47 | −0.031% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 226.28 | −0.115% | $147.0M | $43.6M | 20x | as long as short |
| Polymarket Perps NVDA-USDshort | +0.0050% | 1h | 226.36 | −0.079% | $398K | $278K | 10x | |
| SoDEX NVDA-USD | +0.0050% | 1h | 226.24 | −0.132% | $59K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 226.17 | −0.163% | $1.6M | $2.0M | 15x | as long as short |
| Nado NVDA-PERP | +0.0077% | 1h | 226.26 | −0.122% | $481K | $227K | 20x | as long as short |
| Binance NVDAUSDT | +0.0079% | 8h | 226.43 | −0.049% | $154.5M | $218.3M | 50x | as long as short |
| Pacifica NVDA | +0.0100% | 1h | 226.27 | −0.118% | $297K | $50K | 10x | as long as short |
| KuCoin NVDAUSDTM | +0.0100% | 8h | 226.42 | −0.053% | $1.6M | $739K | 20x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 226.19 | −0.154% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 226.39 | −0.066% | $36K | $21K | 20x | as long as short |
| Lighter RH NVDAlong | +0.0104% | 1h | 226.54 | long leg | $5.1M | $7.1M | 20x | |
| Aevo NVDA-PERP | +0.0104% | 1h | 226.40 | −0.062% | — | — | 10x | as long as short |
| Phoenix NVDA | +0.0106% | 1h | 226.27 | −0.119% | $93K | $112K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0128% | 1h | 226.29 | −0.110% | $1.3M | $789K | 10x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | +0.0192% | 1h | 226.35 | −0.084% | $53K | $1.8M | 10x | as long as short |
| BloFin NVDA-USDT | +0.0199% | 8h | 226.43 | −0.049% | $716K | $191K | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 226.71 | +0.075% | $73K | $138 | 30x | as long as short |
| Extended NVDA_24_5-USD | +0.0328% | 1h | 226.19 | −0.152% | $668K | $766K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0908% | 4h | 226.31 | −0.102% | $170K | $1.9M | 20x | as long as short |
Variational Omni NVDA
Aftermath Perps NVDAUSD
Lighter NVDA
Arcus NVDA-USD
QFEX NVDA-USD
Vest NVDA-USD-PERP
tradeXYZ xyz:NVDA
SoDEX NVDA-USD
Ondo Perps NVDA-USD.P
Nado NVDA-PERP
Binance NVDAUSDT
Pacifica NVDA
KuCoin NVDAUSDTM
ApeX Omni NVDAUSDT
Orderly PERP_NVDA_USDC
Aevo NVDA-PERP
Phoenix NVDA
Coinbase International NVDA-PERP-INTX
Deribit NVDA_USDC-PERPETUAL
BloFin NVDA-USDT
Injective NVDA/USDC PERP
Extended NVDA_24_5-USD
edgeX NVDAUSDC