Funding you earn now, next payment 02:00 UTC+0.0200%/8h= +21.9% APRpaid last 24h +0.053%
Price spread now: Lighter against Gate+0.009%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs+$8as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$340.335% of the position
Funding, last 7 days+0.416%+$42 on $10k
+Price spread, last 7 days−0.025%−$3 · spread now +0.009%, 7d avg +0.004%
=Together, before fees+0.391%+ Points / potential airdropLighter: Season 3 · farm board+$39 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 234.19 | 0 | get 0.0000% / 8h | 6h 02m | $2.8M | $5.0M | 50x |
| Short | Lighter NBIS | 234.21 | 0.0200 | get 0.0025% / 1h | 2m 02s | $904K | $4.4M | 10x |
Gate NBIS_USDT
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $42
- Price spread: +0.009% → +0.004%
- $0.5
- Slippage, 4 orders
- −$18.55
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $8.95
- Costs to cover
- 0.335%
- Break-even
- 5.5 days
Slippage from Gate: live order book, 1 min ago; Lighter: live order book, 6 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 Gate live order book, 1 min ago | 1.71 bp | 14.5 bp −$14 | 28.7 bp −$287 | 52.9 bp −$5,289 | doesn't fit |
| Sell Lighter live order book, 6 min ago | 1.07 bp | 1.6 bp −$2 | 2.8 bp −$28 | 51.5 bp −$5,153 | doesn't fit |
NBIS on 30 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 | 234.21 | +0.009% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.21 | +0.009% | $3.4M | $16.3M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 234.19 | long leg | $2.8M | $5.0M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 234.18 | −0.004% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.03 | −0.070% | $5K | $128K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.07 | −0.051% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 234.08 | −0.047% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.02 | −0.073% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.22 | +0.013% | $1.6M | $970K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 234.03 | −0.068% | $1.5M | $4.5M | 10x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | +0.0036% | 1h | 234.01 | −0.078% | $67K | $95K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.88 | −0.132% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.27 | +0.034% | — | $215K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.96 | −0.098% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.10 | −0.038% | $14 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.05 | −0.060% | $163K | $497K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0058% | 1h | 234.04 | −0.064% | $54.7M | $19.8M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 234.16 | −0.011% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.06 | −0.056% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.14 | −0.021% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.12 | −0.032% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 233.53 | −0.282% | $382K | $712K | 10x | as long as short |
| Variational Omni NBIS | +0.0152% | 8h | 234.06 | −0.056% | $2.8M | $570K | — | as long as short |
| Aster NBISUSDT | +0.0162% | 8h | 234.32 | +0.056% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDT | +0.0176% | 8h | 234.14 | −0.021% | $19.1M | $84.7M | 25x | as long as short |
| Extended NBIS-USD | +0.0176% | 1h | 234.08 | −0.045% | $147K | $698K | 10x | as long as short |
| Lighter NBISshort | +0.0200% | 1h | 234.21 | +0.009% | $904K | $4.4M | 10x | |
| edgeX NBISUSDC | +0.0277% | 4h | 234.06 | −0.055% | $38K | $226K | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.06 | −0.056% | $7K | $152K | 10x | as long as short |
| Entropy io:NBIS | +0.0392% | 1h | 234.01 | −0.077% | $10.2M | $3.3M | 10x | as long as short |
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
edgeX NBISUSDC
Phoenix NBIS
Entropy io:NBIS