Funding you earn now, next payment 00:00 UTC−0.0076%/8h= −8.3% APRpaid last 24h +0.001%
Price spread now: Gate against Lighter+0.089%7-day average — · you sell dearer than you buy
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
The price spread pays, funding is against you. Gate is 0.089% dearer against Lighter than usual: you sell high and buy low (spread +0.089% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NMR | 9.4636 | 0.0176 | pay 0.0022% / 1h | 37m 03s | $47K | $20K | 3x |
| Short | Gate NMR_USDT | 9.4720 | 0.0100 | get 0.0100% / 8h | 37m 03s | $225K | $74K | 50x |
Lighter NMR
Gate NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$15.96
- Price spread: +0.089% → 0.000%
- $8.88
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$22.08
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 34 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 Gate live order book, 34 min ago | 4.22 bp | 34.0 bp −$34 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4570 | −0.070% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4580 | −0.059% | $623K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4620 | −0.017% | $419K | $395K | 20x | as long as short |
| Gate NMR_USDTshort | +0.0100% | 8h | 9.4720 | +0.089% | $225K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4570 | −0.070% | $5.0M | $158K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4703 | +0.071% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4600 | −0.038% | $863K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4580 | −0.059% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4628 | −0.008% | $2K | $442 | — | as long as short |
| Lighter NMRlong | +0.0176% | 1h | 9.4636 | long leg | $47K | $20K | 3x |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2294% | 1h | 9.4699 | +0.067% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD