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

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.019%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 6 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
LongLighter NMR9.46820.0096pay 0.0012% / 1h34m 10s$47K$19K3x
ShortBitget NMRUSDT9.47000.0100get 0.0050% / 4h3h 34m$867K$131K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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: +0.019% → 0.000%
$1.9
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$9.26
Costs to cover
0.120%
Break-even
84.2 days
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 16 min ago. 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 Lighter no order-book sample
Sell Bitget live order book, 16 min ago4.74 bp23.2 bp −$2374.2 bp −$742doesn't fitdoesn't fit
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 NMRlong+0.0096%1h9.4682long leg$47K$19K3x
Binance NMRUSDT+0.0100%4h9.4641−0.043%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4680−0.002%$621K$208K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4560−0.129%$422K$380K20xas long as short
Gate NMR_USDT+0.0100%8h9.4720+0.040%$228K$65K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4640−0.044%$5.0M$156K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4656−0.027%$281K$34K30xas long as short
Bitget NMRUSDTshort+0.0100%4h9.4700+0.019%$867K$131K50x
BingX NMR-USDT+0.0100%4h9.4640−0.044%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4703+0.023%$2K$463as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2579%1h9.4899+0.229%$27K$16K10xas long as short