Funding you earn now, next payment 00:00 UTC+0.0108%/8h= +11.8% APRpaid last 24h +0.048%
Price spread now: Lighter against BloFin+0.060%90s7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs+$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$190.195% of the position
Funding, last 7 days+0.430%+$43 on $10k
+Price spread, last 3 days (all we have)+0.052%+$5 · spread now +0.060%, 7d avg +0.050%
=Together, before fees+0.482%+ Points / potential airdropLighter: Season 3 · farm board+$48 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.050%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 90 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NBIS-USDT | 234.47 | 0.0260 | pay 0.0260% / 8h | 45m 45s | $206K | $214K | 20x |
| Short | Lighter NBIS | 234.61 | 0.0368 | get 0.0046% / 1h | 45m 45s | $932K | $4.6M | 10x |
BloFin NBIS-USDT
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $22.64
- Price spread: +0.060% → +0.050%
- $1
- Slippage, 4 orders
- −$7.45
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $4.19
- Costs to cover
- 0.195%
- Break-even
- 5.7 days
Slippage from BloFin: live order book, 24 min ago; Lighter: live order book, 7 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 BloFin live order book, 24 min ago | 0.86 bp | 9.1 bp −$9 | 15.2 bp −$152 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.43 bp | 1.6 bp −$2 | 3.2 bp −$32 | 73.2 bp −$7,319 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 234.49 | +0.009% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.46 | −0.004% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.43 | −0.017% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.42 | −0.021% | $2.5M | $4.8M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.34 | −0.055% | $874 | $1.8M | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | 0.0000% | 1h | 233.76 | −0.303% | $358K | $699K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.37 | −0.043% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.45 | −0.009% | $1.6M | $967K | 10x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.57 | +0.043% | — | $234K | 5x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.44 | −0.013% | $33 | $20K | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Coinbase International NBIS-PERP-INTX
HTX NBIS-USDT
Phemex NBISUSDT
Vest NBIS-USD-PERP
SoDEX NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX NBIS-USD | +0.0051% | 1h | 234.40 | −0.030% | $1.5M | $5.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0052% | 1h | 234.41 | −0.026% | $147K | $706K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.27 | −0.085% | $483K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.45 | −0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.48 | +0.005% | — | — | 10x | as long as short |
| Variational Omni NBIS | +0.0183% | 8h | 234.38 | −0.038% | $2.9M | $821K | — | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0220% | 1h | 234.36 | −0.047% | $35K | $48K | 10x | as long as short |
| Aster NBISUSDT | +0.0228% | 8h | 234.33 | −0.061% | $79K | $306K | 50x | as long as short |
| Nado NBIS-PERP | +0.0234% | 1h | 234.21 | −0.110% | $28K | $63K | 3x | as long as short |
| Extended NBIS-USD | +0.0240% | 1h | 234.43 | −0.018% | $142K | $697K | 10x | as long as short |
| Binance NBISUSDT | +0.0241% | 8h | 234.47 | 0.000% | $19.4M | $86.3M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0248% | 1h | 234.30 | −0.073% | $24K | $13K | 20x | as long as short |
| BloFin NBIS-USDTlong | +0.0260% | 8h | 234.47 | long leg | $206K | $214K | 20x | |
| GRVT NBIS_USDT_Perp | +0.0261% | 8h | 234.41 | −0.026% | $5K | $139K | 10x | as long as short |
| Arcus NBIS-USD | +0.0269% | 1h | 234.43 | −0.017% | $44K | $134K | 5x | as long as short |
| tradeXYZ xyz:NBIS | +0.0302% | 1h | 234.50 | +0.013% | $54.7M | $23.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0320% | 4h | 234.32 | −0.065% | $38K | $235K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0367% | 1h | 234.33 | −0.060% | $174K | $498K | 10x | as long as short |
| Lighter NBISshort | +0.0368% | 1h | 234.61 | +0.060% | $932K | $4.6M | 10x | |
| Phoenix NBIS | +0.0376% | 1h | 234.42 | −0.021% | $7K | $163K | 10x | as long as short |
| Entropy io:NBIS | +0.0508% | 1h | 234.40 | −0.030% | $10.2M | $3.3M | 10x | as long as short |
QFEX NBIS-USD
Polymarket Perps NBIS-USD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Variational Omni NBIS
Deribit NBIS_USDC-PERPETUAL
Aster NBISUSDT
Nado NBIS-PERP
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
GRVT NBIS_USDT_Perp
Arcus NBIS-USD
tradeXYZ xyz:NBIS
edgeX NBISUSDC
Ondo Perps NBIS-USD.P
Phoenix NBIS
Entropy io:NBIS