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 − costs—under 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
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
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado NVDA-PERP | 227.46 | 0.0081 | pay 0.0010% / 1h | 37m 14s | $484K | $228K | 20x |
| Short | Lighter NVDA | 227.52 | 0.0072 | get 0.0009% / 1h | 37m 14s | $2.2M | $3.3M | 20x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado live order book, 21 min ago | 1.54 bp | 11.8 bp −$12 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.33 bp | 0.6 bp −$1 | 1.4 bp −$14 | 6.6 bp −$664 | 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 | 227.54 | +0.033% | $12.7M | $14.8M | 100x | as long as short |
| OKX NVDA-USDT-SWAP | 0.0000% | 8h | 227.49 | +0.011% | $14.4M | $20.4M | 50x | as long as short |
| Gate NVDA_USDT | 0.0000% | 8h | 227.46 | −0.002% | $7.2M | $9.7M | 100x | as long as short |
| Bitget NVDAUSDT | 0.0000% | 8h | 227.56 | +0.042% | $15.5M | $16.4M | 100x | as long as short |
| SunX NVDA-USDT | 0.0000% | 8h | 227.13 | −0.147% | $2K | $3.7M | 20x | as long as short |
| Deribit NVDA_USDC-PERPETUAL | 0.0000% | 1h | 227.45 | −0.006% | $49K | $1.6M | 10x | as long as short |
| HTX NVDA-USDT | 0.0000% | 8h | 227.64 | +0.077% | $198K | $471K | 30x | as long as short |
| Phemex NVDAUSDT | 0.0000% | 4h | 227.55 | +0.038% | $2.2M | $43K | 10x | as long as short |
| Aftermath Perps NVDAUSD | +0.0017% | 1h | 227.42 | −0.020% | $118K | $54K | 10x | as long as short |
| Aster NVDAUSDT | +0.0038% | 8h | 227.55 | +0.039% | $483K | $590K | 20x | as long as short |
Show all 35 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NVDA-USD | +0.0040% | 1h | 227.43 | −0.015% | $400K | $745K | 20x | as long as short |
| Vest NVDA-USD-PERP | +0.0046% | 1h | 227.68 | +0.095% | — | $74K | 25x | as long as short |
| tradeXYZ xyz:NVDA | +0.0050% | 1h | 227.40 | −0.028% | $147.7M | $43.7M | 20x | as long as short |
| Polymarket Perps NVDA-USD | +0.0050% | 1h | 227.52 | +0.024% | $401K | $276K | 10x | as long as short |
| SoDEX NVDA-USD | +0.0050% | 1h | 227.39 | −0.033% | $58K | $19K | 10x | as long as short |
| Ondo Perps NVDA-USD.P | +0.0050% | 1h | 227.27 | −0.085% | $1.6M | $2.0M | 15x | as long as short |
| QFEX NVDA-USD | +0.0057% | 1h | 227.46 | −0.002% | $1.4M | $9.4M | 10x | as long as short |
| GRVT NVDA_USDT_Perp | +0.0066% | 8h | 227.61 | +0.064% | $20K | $390K | 10x | as long as short |
| Lighter NVDAshort | +0.0072% | 1h | 227.52 | +0.026% | $2.2M | $3.3M | 20x | |
| Variational Omni NVDA | +0.0073% | 8h | 227.50 | +0.017% | $3.5M | $2.1M | — | as long as short |
| Nado NVDA-PERPlong | +0.0081% | 1h | 227.46 | long leg | $484K | $228K | 20x | |
| Pacifica NVDA | +0.0100% | 1h | 227.44 | −0.009% | $299K | $51K | 10x | as long as short |
| ApeX Omni NVDAUSDT | +0.0100% | 1h | 227.40 | −0.028% | $16K | $44K | 50x | as long as short |
| Orderly PERP_NVDA_USDC | +0.0100% | 8h | 227.48 | +0.007% | $36K | $22K | 20x | as long as short |
| Coinbase International NVDA-PERP-INTX | +0.0104% | 1h | 227.53 | +0.029% | $1.3M | $775K | 10x | as long as short |
| Aevo NVDA-PERP | +0.0112% | 1h | 227.51 | +0.020% | — | — | 10x | as long as short |
| Binance NVDAUSDT | +0.0122% | 8h | 227.53 | +0.029% | $156.5M | $216.2M | 50x | as long as short |
| Hotstuff NVDA-PERP | +0.0136% | 1h | 227.40 | −0.028% | $35K | — | 20x | as long as short |
| Phoenix NVDA | +0.0141% | 1h | 227.45 | −0.006% | $94K | $112K | 20x | as long as short |
| KuCoin NVDAUSDTM | +0.0143% | 8h | 227.55 | +0.038% | $1.6M | $725K | 20x | as long as short |
| Lighter RH NVDA | +0.0144% | 1h | 227.66 | +0.086% | $5.1M | $7.1M | 20x | as long as short |
| Injective NVDA/USDC PERP | +0.0220% | 1h | 227.84 | +0.165% | $73K | $137 | 30x | as long as short |
| BloFin NVDA-USDT | +0.0242% | 8h | 227.52 | +0.024% | $721K | $201K | 20x | as long as short |
| Extended NVDA_24_5-USD | +0.0416% | 1h | 227.42 | −0.020% | $685K | $733K | 10x | as long as short |
| edgeX NVDAUSDC | +0.0986% | 4h | 227.48 | +0.006% | $170K | $1.9M | 20x | as long as short |
Lighter NVDA
Bybit NVDAUSDT
OKX NVDA-USDT-SWAP
Gate NVDA_USDT
Bitget NVDAUSDT
SunX NVDA-USDT
Deribit NVDA_USDC-PERPETUAL
HTX NVDA-USDT
Phemex NVDAUSDT
Aftermath Perps NVDAUSD
Aster NVDAUSDT
tradeXYZ xyz:NVDA
Polymarket Perps NVDA-USD
SoDEX NVDA-USD
GRVT NVDA_USDT_Perp
Variational Omni NVDA
Pacifica NVDA
ApeX Omni NVDAUSDT
Coinbase International NVDA-PERP-INTX
Binance NVDAUSDT
Phoenix NVDA
KuCoin NVDAUSDTM
Lighter RH NVDA
Injective NVDA/USDC PERP
BloFin NVDA-USDT
Extended NVDA_24_5-USD
edgeX NVDAUSDC