Funding you earn now, next payment 00:00 UTC−0.0020%/8h= −2.2% APRpaid last 24h +0.001%
Price spread now: BingX against Lighter−0.108%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.108% cheaper against Lighter than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NMR | 9.4662 | 0.0120 | pay 0.0015% / 1h | 11m 59s | $47K | $20K | 3x |
| Short | BingX NMR-USDT | 9.4560 | 0.0100 | get 0.0050% / 4h | 11m 59s | — | $2.4M | — |
Lighter NMR
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Lighter. 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
- −$4.2
- Price spread: −0.108% → 0.000%
- −$10.78
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$24.98
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.
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 Lighter no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 5.81 bp | 22.8 bp −$23 | 50.7 bp −$507 | 440.7 bp −$44.1K | 516.3 bp −$258.2K |
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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4585 | −0.081% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4570 | −0.097% | $623K | $210K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4520 | −0.150% | $418K | $391K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4520 | −0.150% | $225K | $75K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4570 | −0.097% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4589 | −0.077% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4630 | −0.034% | $863K | $160K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.4560 | −0.108% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4626 | −0.038% | $2K | $442 | — | as long as short |
| Lighter NMRlong | +0.0120% | 1h | 9.4662 | long leg | $47K | $20K | 3x |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2298% | 1h | 9.4541 | −0.128% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD