NVDA

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.03 per $10,000 · paid last 24h +0.010%

Price spread now: Lighter RH against Pacifica+0.136%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$16as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$210.210% of the position

Long on Pacifica Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 4 days (all we have)−0.050%−$5 · spread now +0.136%, 7d avg +0.105%

Together, before fees−0.004%+ Points / potential airdropPacifica: Active · Lighter RH: Points live · farm board$0 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter RH is 0.031% dearer against Pacifica than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.105%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica NVDA	227.58	0.0100	pay 0.0013% / 1h	50m 35s	$299K	$60K	10x
Short	Lighter RH NVDA	227.89	0.0120	get 0.0015% / 1h	50m 35s	$5.1M	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee Lighter RHbpOrdersPrice spread, now +0.136%Rate

Funding earned: $4.2
Price spread: +0.136% → +0.105%: $3.09
Slippage, 4 orders: −$13.05
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$13.75
Costs to cover: 0.210%
Break-even: 29.9 days

Slippage from Pacifica: live order book, 23 min ago; Lighter RH: live order book, 3 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 Pacifica live order book, 23 min ago	1.76 bp	10.0 bp −$10	doesn't fit	doesn't fit	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.10 bp	1.9 bp −$2	3.5 bp −$35	32.9 bp −$3,290	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
Aster NVDAUSDT	0.0000%	8h	227.62	+0.018%	$483K	$586K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	227.73	+0.065%	$12.7M	$15.3M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	227.73	+0.065%	$14.4M	$20.7M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	227.66	+0.035%	$7.2M	$9.6M	100x	as long as short
Variational Omni NVDA	0.0000%	8h	227.71	+0.056%	$3.6M	$1.9M	—	as long as short
GRVT NVDA_USDT_Perp	0.0000%	8h	227.66	+0.035%	$20K	$406K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	227.27	−0.137%	$2K	$3.9M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	227.48	−0.044%	$197K	$516K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	227.73	+0.065%	$2.2M	$41K	10x	as long as short
Aftermath Perps NVDAUSD	+0.0015%	1h	227.47	−0.049%	$118K	$56K	10x	as long as short

Show all 35 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended NVDA_24_5-USD	+0.0032%	1h	227.62	+0.017%	$535K	$447K	10x	as long as short
Bitget NVDAUSDT	+0.0035%	8h	227.78	+0.087%	$15.5M	$17.1M	100x	as long as short
Binance NVDAUSDT	+0.0037%	8h	227.77	+0.084%	$156.5M	$218.6M	50x	as long as short
Arcus NVDA-USD	+0.0040%	1h	227.54	−0.018%	$400K	$724K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	227.70	+0.052%	$1.6M	$11.4M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	227.86	+0.123%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	227.63	+0.021%	$148.0M	$46.9M	20x	as long as short
Polymarket Perps NVDA-USD	+0.0050%	1h	227.70	+0.052%	$402K	$289K	10x	as long as short
SoDEX NVDA-USD	+0.0050%	1h	227.57	−0.005%	$58K	$20K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	227.46	−0.053%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0055%	1h	227.65	+0.029%	$484K	$229K	20x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0058%	1h	227.65	+0.030%	$49K	$1.4M	10x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0080%	1h	227.46	−0.053%	$1.3M	$823K	10x	as long as short
Aevo NVDA-PERP	+0.0088%	1h	227.67	+0.038%	—	—	10x	as long as short
Pacifica NVDAlong	+0.0100%	1h	227.58	long leg	$299K	$60K	10x
ApeX Omni NVDAUSDT	+0.0100%	1h	227.54	−0.018%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	227.70	+0.052%	$36K	$22K	20x	as long as short
Phoenix NVDA	+0.0106%	1h	227.65	+0.030%	$94K	$112K	20x	as long as short
KuCoin NVDAUSDTM	+0.0118%	8h	227.70	+0.052%	$1.6M	$743K	20x	as long as short
Lighter NVDA	+0.0120%	1h	227.76	+0.078%	$2.2M	$3.2M	20x	as long as short
Lighter RH NVDAshort	+0.0120%	1h	227.89	+0.136%	$5.1M	$7.1M	20x
BloFin NVDA-USDT	+0.0146%	8h	227.77	+0.083%	$714K	$205K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	227.89	+0.136%	$73K	$135	30x	as long as short
Hotstuff NVDA-PERP	+0.0296%	1h	227.60	+0.008%	$35K	—	20x	as long as short
edgeX NVDAUSDC	+0.0364%	4h	227.63	+0.022%	$170K	$1.9M	20x	as long as short