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 02:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: Bybit against Lighter−0.021%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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.021% cheaper against Lighter than usual: you would sell low and buy high, −$2 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NMR9.49300.0096pay 0.0012% / 1h10m 58s$47K$20K3x
ShortBybit NMRUSDT9.49100.0100get 0.0050% / 4h2h 10m$625K$213K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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: −0.021% → 0.000%
−$2.11
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$12.27
Costs to cover
0.110%
Break-even
109.2 days
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 49 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 Bybit live order book, 49 min ago3.69 bp38.4 bp −$38156.2 bp −$1,562doesn'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%1h9.4930long leg$47K$20K3x
Binance NMRUSDT+0.0100%4h9.4890−0.042%$2.0M$2.2M50xas long as short
Bybit NMRUSDTshort+0.0100%4h9.4910−0.021%$625K$213K50x
OKX NMR-USDT-SWAP+0.0100%4h9.4770−0.169%$421K$390K20xas long as short
Gate NMR_USDT+0.0100%8h9.4890−0.042%$229K$79K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4880−0.053%$5.0M$166K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4966+0.038%$282K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4980+0.053%$862K$159K50xas long as short
BingX NMR-USDT+0.0100%4h9.4880−0.053%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4898−0.033%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2431%1h9.5119+0.199%$27K$15K10xas long as short