NVDA

Alert: funding

Alert: spread

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: Lighter RH against Polymarket Perps+0.080%7-day average +0.096% · you sell dearer than you buy

Net, funding: paid 7d − costs−$5as in the Funding arb table

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

costs, in and out, $10k−$160.165% of the position

Long on Polymarket Perps Short on Lighter RH

What this pair did over the last

the charts below follow

Funding, last 7 days+0.118%+$12 on $10k

Price spread, last 7 days+0.010%+$1 · spread now +0.080%, 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	Polymarket Perps NVDA-USD	226.36	0.0050	pay 0.0006% / 1h	25m 05s	$398K	$278K	10x
Short	Lighter RH NVDA	226.54	0.0104	get 0.0013% / 1h	25m 05s	$5.1M	$7.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter RH against Polymarket Perps. 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 Polymarket PerpsbpFee Lighter RHbpOrdersPrice spread, now +0.080%Rate

Funding earned: $11.34
Price spread: +0.080% → +0.096%: −$1.61
Slippage, 4 orders: −$8.49
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Lighter RH: 0 bp × 2 orders: $0
Net: −$6.76
Costs to cover: 0.165%
Break-even: 11.2 days

Slippage from Polymarket Perps: live order book, 22 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 Polymarket Perps live order book, 22 min ago	2.42 bp	7.3 bp −$7	7.6 bp −$76	8.7 bp −$873	doesn't fit
Sell Lighter RH live order book, 3 min ago	1.33 bp	1.3 bp −$1	3.3 bp −$33	29.2 bp −$2,916	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	−0.071%	$35K	—	20x	as long as short
Aster NVDAUSDT	0.0000%	8h	226.42	+0.027%	$482K	$571K	20x	as long as short
Bybit NVDAUSDT	0.0000%	8h	226.41	+0.022%	$12.5M	$15.0M	100x	as long as short
OKX NVDA-USDT-SWAP	0.0000%	8h	226.40	+0.018%	$14.2M	$20.4M	50x	as long as short
Gate NVDA_USDT	0.0000%	8h	226.36	0.000%	$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	+0.043%	$21K	$409K	10x	as long as short
SunX NVDA-USDT	0.0000%	8h	226.16	−0.088%	$3K	$3.7M	20x	as long as short
HTX NVDA-USDT	0.0000%	8h	226.55	+0.084%	$198K	$459K	30x	as long as short
Phemex NVDAUSDT	0.0000%	4h	226.52	+0.071%	$2.2M	$43K	10x	as long as short

Show 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	−0.010%	$3.6M	$2.1M	—	as long as short
Aftermath Perps NVDAUSD	+0.0011%	1h	226.29	−0.029%	$117K	$52K	10x	as long as short
Lighter NVDA	+0.0032%	1h	226.40	+0.018%	$2.1M	$3.3M	20x	as long as short
Arcus NVDA-USD	+0.0040%	1h	226.30	−0.027%	$397K	$726K	20x	as long as short
QFEX NVDA-USD	+0.0042%	1h	226.38	+0.009%	$1.3M	$9.1M	10x	as long as short
Vest NVDA-USD-PERP	+0.0046%	1h	226.47	+0.049%	—	$74K	25x	as long as short
tradeXYZ xyz:NVDA	+0.0050%	1h	226.28	−0.035%	$147.0M	$43.6M	20x	as long as short
Polymarket Perps NVDA-USDlong	+0.0050%	1h	226.36	long leg	$398K	$278K	10x
SoDEX NVDA-USD	+0.0050%	1h	226.24	−0.053%	$59K	$19K	10x	as long as short
Ondo Perps NVDA-USD.P	+0.0050%	1h	226.17	−0.084%	$1.6M	$2.0M	15x	as long as short
Nado NVDA-PERP	+0.0077%	1h	226.26	−0.043%	$481K	$227K	20x	as long as short
Binance NVDAUSDT	+0.0079%	8h	226.43	+0.031%	$154.5M	$218.3M	50x	as long as short
Pacifica NVDA	+0.0100%	1h	226.27	−0.038%	$297K	$50K	10x	as long as short
KuCoin NVDAUSDTM	+0.0100%	8h	226.42	+0.027%	$1.6M	$739K	20x	as long as short
ApeX Omni NVDAUSDT	+0.0100%	1h	226.19	−0.075%	$16K	$44K	50x	as long as short
Orderly PERP_NVDA_USDC	+0.0100%	8h	226.39	+0.013%	$36K	$21K	20x	as long as short
Lighter RH NVDAshort	+0.0104%	1h	226.54	+0.080%	$5.1M	$7.1M	20x
Aevo NVDA-PERP	+0.0104%	1h	226.40	+0.017%	—	—	10x	as long as short
Phoenix NVDA	+0.0106%	1h	226.27	−0.040%	$93K	$112K	20x	as long as short
Coinbase International NVDA-PERP-INTX	+0.0128%	1h	226.29	−0.031%	$1.3M	$789K	10x	as long as short
Deribit NVDA_USDC-PERPETUAL	+0.0192%	1h	226.35	−0.004%	$53K	$1.8M	10x	as long as short
BloFin NVDA-USDT	+0.0199%	8h	226.43	+0.031%	$716K	$191K	20x	as long as short
Injective NVDA/USDC PERP	+0.0220%	1h	226.71	+0.155%	$73K	$138	30x	as long as short
Extended NVDA_24_5-USD	+0.0328%	1h	226.19	−0.073%	$668K	$766K	10x	as long as short
edgeX NVDAUSDC	+0.0908%	4h	226.31	−0.022%	$170K	$1.9M	20x	as long as short