Funding you earn now, next payment 02:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Variational Omni−0.120%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Lighter: 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: Lighter is 0.120% cheaper against Variational Omni than usual: you would sell low and buy high, −$12 on $10k if it 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 | Variational Omni NMR | 9.4813 | 0.0100 | pay 0.0050% / 4h | 2h 57m | $2K | $442 | — |
| Short | Lighter NMR | 9.4700 | 0.0096 | get 0.0012% / 1h | 57m 08s | $47K | $20K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Variational Omni. 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
- −$0.84
- Price spread: −0.120% → 0.000%
- −$11.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$12.8
- Costs to cover
- 0.000%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: no order-book sample; 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 Variational Omni no order-book sample | — | — | — | — | — |
| Sell Lighter no order-book sample | — | — | — | — | — |
Variational Omni and 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMRshort | +0.0096% | 1h | 9.4700 | −0.120% | $47K | $20K | 3x | |
| Binance NMRUSDT | +0.0100% | 4h | 9.4670 | −0.151% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4600 | −0.225% | $623K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4460 | −0.373% | $418K | $391K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4680 | −0.141% | $229K | $79K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4670 | −0.151% | $5.0M | $163K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4657 | −0.165% | $281K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4600 | −0.225% | $858K | $164K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4540 | −0.288% | — | $2.4M | — | as long as short |
| Variational Omni NMRlong | +0.0100% | 4h | 9.4813 | long leg | $2K | $442 | — |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2423% | 1h | 9.5412 | +0.631% | $27K | $15K | 10x | as long as short |
Variational Omni NMR
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Kraken Futures PF_NMRUSD