Funding you earn now, next payment 06:00 UTC+0.0766%/8h= +83.9% APRpaid last 24h +0.093%
Price spread now: Lighter against Bitget+0.065%7-day average +0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs+$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$340.339% of the position
Funding, last 7 days+0.381%+$38 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.065%, 7d avg +0.017%
=Together, before fees+0.320%+ Points / potential airdropLighter: Season 3 · farm board+$32 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Lighter is 0.048% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.017%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.381% in total (about 19.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NBISUSDT | 231.83 | −0.0518 | get 0.0518% / 8h | 2h 12m | $2.3M | $4.6M | 20x |
| Short | Lighter NBIS | 231.98 | 0.0248 | get 0.0031% / 1h | 12m 52s | $938K | $4.0M | 10x |
Bitget NBISUSDT
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bitget. 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
- $160.86
- Price spread: +0.065% → +0.017%
- $4.77
- Slippage, 4 orders
- −$21.95
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $131.68
- Costs to cover
- 0.339%
- Break-even
- 1.3 days
Slippage from Bitget: live order book, 5 min ago; Lighter: live order book, 5 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 Bitget live order book, 5 min ago | 1.73 bp | 18.3 bp −$18 | 26.5 bp −$265 | 38.4 bp −$3,836 | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.22 bp | 0.7 bp −$1 | 3.4 bp −$34 | 87.1 bp −$8,713 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDTlong | −0.0518% | 8h | 231.83 | long leg | $2.3M | $4.6M | 20x | |
| BloFin NBIS-USDT | −0.0023% | 8h | 232.00 | +0.073% | $204K | $206K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 231.61 | −0.096% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 231.89 | +0.024% | $146K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.91 | +0.035% | $18.6M | $87.0M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.89 | +0.026% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 231.94 | +0.047% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.90 | +0.030% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 231.28 | −0.236% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 231.39 | −0.190% | $5K | $117K | 10x | as long as short |
BloFin NBIS-USDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 231.31 | −0.224% | $999 | $1.6M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 231.14 | −0.298% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.88 | +0.022% | $1.6M | $955K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 231.91 | +0.035% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0036% | 1h | 231.76 | −0.029% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 231.41 | −0.181% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 231.77 | −0.026% | — | $220K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 231.88 | +0.022% | $138K | $473K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 231.56 | −0.116% | $150K | $542K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0075% | 1h | 231.86 | +0.013% | $111 | $20K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 231.61 | −0.095% | $477K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 231.82 | −0.004% | $2K | $3K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0103% | 1h | 231.88 | +0.022% | $54.5M | $21.1M | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 231.77 | −0.024% | — | — | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0138% | 1h | 231.98 | +0.065% | $34K | $49K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 231.49 | −0.147% | $349K | $810K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 231.81 | −0.011% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 231.41 | −0.181% | $7K | $150K | 10x | as long as short |
| Lighter NBISshort | +0.0248% | 1h | 231.98 | +0.065% | $938K | $4.0M | 10x | |
| Entropy io:NBIS | +0.0354% | 1h | 231.50 | −0.142% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0406% | 4h | 231.38 | −0.193% | $37K | $227K | 10x | as long as short |
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
Ondo Perps NBIS-USD.P
SoDEX NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
tradeXYZ xyz:NBIS
Aevo NBIS-PERP
Deribit NBIS_USDC-PERPETUAL
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC