Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRpaid last 24h −0.001%
Price spread now: Lighter against MEXC+0.078%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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Lighter is 0.078% dearer against MEXC than usual: you sell high and buy low: +$8 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 | MEXC NMR_USDT | 9.4650 | 0.0100 | pay 0.0050% / 4h | 8m 33s | $5.0M | $160K | 50x |
| Short | Lighter NMR | 9.4724 | 0.0136 | get 0.0017% / 1h | 8m 33s | $47K | $20K | 3x |
MEXC NMR_USDT
Lighter NMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against MEXC. 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
- $7.56
- Price spread: +0.078% → 0.000%
- $7.82
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $11.38
- Costs to cover
- 0.040%
- Break-even
- from the start
Slippage unknown: MEXC: live order book, 3 min ago; Lighter: 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 MEXC live order book, 3 min ago | 2.11 bp | 9.5 bp −$9 | 33.3 bp −$333 | 84.4 bp −$8,441 | 295.2 bp −$147.6K |
| Sell Lighter no order-book sample | — | — | — | — | — |
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 | 9.4655 | +0.006% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4600 | −0.053% | $624K | $210K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4520 | −0.137% | $418K | $391K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4730 | +0.085% | $225K | $75K | 50x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.4650 | long leg | $5.0M | $160K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4610 | −0.042% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4700 | +0.053% | $864K | $160K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4620 | −0.032% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4541 | −0.115% | $2K | $442 | — | as long as short |
| Lighter NMRshort | +0.0136% | 1h | 9.4724 | +0.078% | $47K | $20K | 3x |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate 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 | +0.2296% | 1h | 9.4608 | −0.044% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD