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

NVDA

RWAall NVDA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0009%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h +0.004%
Price spread now: Lighter against Nado+0.026%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$260.257% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.029%+$3 on $10k
Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.026%, 7d avg +0.017%
Together, before fees+0.032%+ Points / potential airdropNado: Active · Lighter: Season 3 · farm board+$3 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado NVDA-PERP227.460.0081pay 0.0010% / 1h37m 14s$484K$228K20x
ShortLighter NVDA227.520.0072get 0.0009% / 1h37m 14s$2.2M$3.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Nado. 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
−$1.82
Price spread: +0.026% → +0.017%
$0.93
Slippage, 4 orders
−$18.68
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Lighter: 0 bp × 2 orders
$0
Net
−$26.57
Costs to cover
0.257%
Break-even
never at this rate
Slippage from Nado: live order book, 21 min ago; Lighter: live order book, 5 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 Nado live order book, 21 min ago1.54 bp11.8 bp −$1223.3 bp −$233doesn't fitdoesn't fit
Sell Lighter live order book, 5 min ago0.33 bp0.6 bp −$11.4 bp −$146.6 bp −$664doesn'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%8h227.54+0.033%$12.7M$14.8M100xas long as short
OKX NVDA-USDT-SWAP0.0000%8h227.49+0.011%$14.4M$20.4M50xas long as short
Gate NVDA_USDT0.0000%8h227.46−0.002%$7.2M$9.7M100xas long as short
Bitget NVDAUSDT0.0000%8h227.56+0.042%$15.5M$16.4M100xas long as short
SunX NVDA-USDT0.0000%8h227.13−0.147%$2K$3.7M20xas long as short
Deribit NVDA_USDC-PERPETUAL0.0000%1h227.45−0.006%$49K$1.6M10xas long as short
HTX NVDA-USDT0.0000%8h227.64+0.077%$198K$471K30xas long as short
Phemex NVDAUSDT0.0000%4h227.55+0.038%$2.2M$43K10xas long as short
Aftermath Perps NVDAUSD+0.0017%1h227.42−0.020%$118K$54K10xas long as short
Aster NVDAUSDT+0.0038%8h227.55+0.039%$483K$590K20xas long as short
Show all 35 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus NVDA-USD+0.0040%1h227.43−0.015%$400K$745K20xas long as short
Vest NVDA-USD-PERP+0.0046%1h227.68+0.095%$74K25xas long as short
tradeXYZ xyz:NVDA+0.0050%1h227.40−0.028%$147.7M$43.7M20xas long as short
Polymarket Perps NVDA-USD+0.0050%1h227.52+0.024%$401K$276K10xas long as short
SoDEX NVDA-USD+0.0050%1h227.39−0.033%$58K$19K10xas long as short
Ondo Perps NVDA-USD.P+0.0050%1h227.27−0.085%$1.6M$2.0M15xas long as short
QFEX NVDA-USD+0.0057%1h227.46−0.002%$1.4M$9.4M10xas long as short
GRVT NVDA_USDT_Perp+0.0066%8h227.61+0.064%$20K$390K10xas long as short
Lighter NVDAshort+0.0072%1h227.52+0.026%$2.2M$3.3M20x
Variational Omni NVDA+0.0073%8h227.50+0.017%$3.5M$2.1Mas long as short
Nado NVDA-PERPlong+0.0081%1h227.46long leg$484K$228K20x
Pacifica NVDA+0.0100%1h227.44−0.009%$299K$51K10xas long as short
ApeX Omni NVDAUSDT+0.0100%1h227.40−0.028%$16K$44K50xas long as short
Orderly PERP_NVDA_USDC+0.0100%8h227.48+0.007%$36K$22K20xas long as short
Coinbase International NVDA-PERP-INTX+0.0104%1h227.53+0.029%$1.3M$775K10xas long as short
Aevo NVDA-PERP+0.0112%1h227.51+0.020%10xas long as short
Binance NVDAUSDT+0.0122%8h227.53+0.029%$156.5M$216.2M50xas long as short
Hotstuff NVDA-PERP+0.0136%1h227.40−0.028%$35K20xas long as short
Phoenix NVDA+0.0141%1h227.45−0.006%$94K$112K20xas long as short
KuCoin NVDAUSDTM+0.0143%8h227.55+0.038%$1.6M$725K20xas long as short
Lighter RH NVDA+0.0144%1h227.66+0.086%$5.1M$7.1M20xas long as short
Injective NVDA/USDC PERP+0.0220%1h227.84+0.165%$73K$13730xas long as short
BloFin NVDA-USDT+0.0242%8h227.52+0.024%$721K$201K20xas long as short
Extended NVDA_24_5-USD+0.0416%1h227.42−0.020%$685K$733K10xas long as short
edgeX NVDAUSDC+0.0986%4h227.48+0.006%$170K$1.9M20xas long as short