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

NMR

all NMR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.001%
Price spread now: Lighter against Gate−0.067%7-day average · you buy dearer than you sell
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
Funding pays, the price is against you. Lighter is 0.067% cheaper against Gate than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.9 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NMR_USDT9.47000.0100pay 0.0100% / 8h36m 48s$225K$74K50x
ShortLighter NMR9.46370.0176get 0.0022% / 1h36m 48s$47K$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Gate. 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
$15.96
Price spread: −0.067% → 0.000%
−$6.65
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.69
Costs to cover
0.150%
Break-even
9.5 days
Slippage unknown: Gate: live order book, 35 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 Gate live order book, 35 min ago4.22 bp46.1 bp −$46doesn't fitdoesn'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
Binance NMRUSDT+0.0100%4h9.4570−0.137%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4580−0.127%$623K$211K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4620−0.084%$419K$395K20xas long as short
Gate NMR_USDTlong+0.0100%8h9.4700long leg$225K$74K50x
MEXC NMR_USDT+0.0100%4h9.4560−0.148%$5.0M$158K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4701+0.001%$284K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4600−0.106%$863K$168K50xas long as short
BingX NMR-USDT+0.0100%4h9.4580−0.127%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4628−0.076%$2K$442as long as short
Lighter NMRshort+0.0176%1h9.4637−0.067%$47K$20K3x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2294%1h9.4699−0.001%$27K$13K10xas long as short