Funding you earn now, next payment 01:00 UTC−0.0052%/8h= −5.7% APRpaid last 24h +0.001%
Price spread now: MEXC against Lighter−0.127%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 −$2 a day on $10k at the current rate, and MEXC is 0.127% cheaper against Lighter than usual: you would sell low and buy high (−$13 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 | 9.5031 | 0.0152 | pay 0.0019% / 1h | 41m 20s | $47K | $20K | 3x |
| Short | MEXC NMR_USDT | 9.4910 | 0.0100 | get 0.0050% / 4h | 3h 41m | $5.0M | $160K | 50x |
Lighter NMR
MEXC NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$10.92
- Price spread: −0.127% → 0.000%
- −$12.73
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$27.65
- Costs to cover
- 0.040%
- Break-even
- never at this rate
Slippage unknown: Lighter: no order-book sample; MEXC: live order book, 1 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 MEXC live order book, 1 min ago | 1.58 bp | 9.1 bp −$9 | 34.0 bp −$340 | 90.3 bp −$9,026 | 345.2 bp −$172.6K |
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 | 9.4930 | −0.106% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4950 | −0.085% | $626K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4830 | −0.212% | $419K | $396K | 20x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4910 | −0.127% | $5.0M | $160K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4920 | −0.117% | $285K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4950 | −0.085% | $863K | $160K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4890 | −0.148% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4780 | −0.264% | $2K | $442 | — | as long as short |
| Lighter NMRlong | +0.0152% | 1h | 9.5031 | long leg | $47K | $20K | 3x | |
| Gate NMR_USDT | +0.0996% | 8h | 9.4950 | −0.085% | $224K | $76K | 50x | as long as short |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2101% | 1h | 9.5090 | +0.062% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD