Funding you earn now, next payment 00:00 UTC+0.2194%/8h= +240.2% APRnext payment +$2.74 per $10,000 · paid last 24h +2.828%
Price spread now: Kraken Futures against Lighter+0.118%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$66 a day on $10k at the current rate, and Kraken Futures is 0.118% dearer against Lighter than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NMR | 9.4762 | 0.0096 | pay 0.0012% / 1h | 57m 13s | $47K | $20K | 3x |
| Short | Kraken Futures PF_NMRUSD | 9.4874 | 0.2290 | get 0.0286% / 1h | 57m 13s | $27K | $13K | 10x |
Lighter NMR
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $460.65
- Price spread: +0.118% → 0.000%
- $11.78
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $462.43
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Lighter no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMRlong | +0.0096% | 1h | 9.4762 | long leg | $47K | $20K | 3x | |
| Binance NMRUSDT | +0.0100% | 4h | 9.4706 | −0.059% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4670 | −0.097% | $624K | $214K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4590 | −0.182% | $419K | $396K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4650 | −0.118% | $225K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4700 | −0.065% | $5.0M | $157K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4580 | −0.192% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4720 | −0.044% | $865K | $167K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4670 | −0.097% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4542 | −0.232% | $2K | $442 | — | as long as short |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
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_NMRUSDshort | +0.2290% | 1h | 9.4874 | +0.118% | $27K | $13K | 10x |