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

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: OKX against Lighter−0.170%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: OKX is 0.170% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NMR9.46910.0096pay 0.0012% / 1h52m 34s$47K$19K3x
ShortOKX NMR-USDT-SWAP9.45300.0100get 0.0050% / 4h52m 34s$421K$383K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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: −0.170% → 0.000%
−$17
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee OKX: 5 bp × 2 orders
−$10
Net
−$26.16
Costs to cover
0.100%
Break-even
225.0 days
Slippage unknown: Lighter: no order-book sample; OKX: live order book, 3 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 OKX live order book, 3 min ago2.64 bp22.4 bp −$22doesn't fitdoesn'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%1h9.4691long leg$47K$19K3x
Binance NMRUSDT+0.0100%4h9.4619−0.076%$2.0M$2.1M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4620−0.075%$623K$206K50xas long as short
OKX NMR-USDT-SWAPshort+0.0100%4h9.4530−0.170%$421K$383K20x
Gate NMR_USDT+0.0100%8h9.4770+0.083%$228K$74K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4660−0.033%$5.0M$161K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4614−0.081%$281K$35K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4660−0.033%$866K$139K50xas long as short
BingX NMR-USDT+0.0100%4h9.4610−0.086%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4839+0.157%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.0676%1h9.4957+0.281%$27K$16K10xas long as short