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

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Binance+0.012%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NMRUSDT9.47780.0100pay 0.0050% / 4h2h 10m$2.0M$2.2M50x
ShortLighter NMR9.47900.0096get 0.0012% / 1h10m 04s$47K$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Binance. 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
−$0.84
Price spread: +0.012% → 0.000%
$1.24
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$9.6
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago2.63 bp26.0 bp −$26101.0 bp −$1,010doesn't fitdoesn't fit
Sell Lighter no order-book sample
Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NMR on 11 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
Lighter NMRshort+0.0096%1h9.4790+0.012%$47K$20K3x
Binance NMRUSDTlong+0.0100%4h9.4778long leg$2.0M$2.2M50x
Bybit NMRUSDT+0.0100%4h9.4830+0.055%$625K$213K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4670−0.114%$420K$390K20xas long as short
Gate NMR_USDT+0.0100%8h9.4880+0.107%$229K$79K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4780+0.002%$5.0M$167K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4793+0.016%$281K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4850+0.076%$861K$159K50xas long as short
BingX NMR-USDT+0.0100%4h9.4850+0.076%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4898+0.127%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2421%1h9.5494+0.755%$27K$15K10xas long as short