Funding you earn now, next payment 05:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h +0.066%
Price spread now: Lighter against Binance+0.041%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$190.191% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 7 days−0.037%−$4 · spread now +0.041%, 7d avg +0.007%
=Together, before fees+0.377%+ Points / potential airdropLighter: Season 3 · farm board+$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.034% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NBISUSDT | 233.93 | 0 | get 0.0000% / 8h | 3h 26m | $19.2M | $84.8M | 25x |
| Short | Lighter NBIS | 234.03 | 0.0248 | get 0.0031% / 1h | 26m 51s | $927K | $3.9M | 10x |
Binance NBISUSDT
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Binance. 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
- $52.08
- Price spread: +0.041% → +0.007%
- $3.4
- Slippage, 4 orders
- −$9.05
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $36.43
- Costs to cover
- 0.191%
- Break-even
- 2.1 days
Slippage from Binance: live order book, 1 min ago; Lighter: live order book, 11 min ago.
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 Binance live order book, 1 min ago | 0.21 bp | 7.4 bp −$7 | 25.2 bp −$252 | 87.7 bp −$8,765 | doesn't fit |
| Sell Lighter live order book, 11 min ago | 0.43 bp | 0.7 bp −$1 | 2.8 bp −$28 | 74.2 bp −$7,418 | doesn't fit |
NBIS on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 234.20 | +0.112% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.89 | −0.017% | $147K | $697K | 10x | as long as short |
| Binance NBISUSDTlong | 0.0000% | 8h | 233.93 | long leg | $19.2M | $84.8M | 25x | |
| Bybit NBISUSDT | 0.0000% | 8h | 233.86 | −0.032% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.75 | −0.079% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.94 | +0.003% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.86 | −0.032% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.33 | +0.169% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.17 | +0.100% | $4K | $119K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.21 | +0.118% | $998 | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.99 | +0.024% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.38 | +0.191% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.05 | +0.050% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0028% | 8h | 234.00 | +0.028% | $206K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.19 | +0.110% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.00 | +0.028% | $42K | $132K | 5x | as long as short |
| Nado NBIS-PERP | +0.0040% | 1h | 234.09 | +0.066% | $38K | $115K | 3x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.33 | +0.169% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 233.97 | +0.017% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.85 | −0.036% | $54.5M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.01 | +0.033% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.99 | +0.024% | $94 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.15 | +0.092% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.97 | +0.015% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.04 | +0.045% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.99 | +0.024% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 234.20 | +0.114% | $375K | $736K | 10x | as long as short |
| Phoenix NBIS | +0.0239% | 1h | 234.06 | +0.054% | $7K | $150K | 10x | as long as short |
| Lighter NBISshort | +0.0248% | 1h | 234.03 | +0.041% | $927K | $3.9M | 10x | |
| Entropy io:NBIS | +0.0371% | 1h | 234.13 | +0.084% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0493% | 4h | 234.15 | +0.093% | $38K | $225K | 10x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Nado NBIS-PERP
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC