Funding you earn now, next payment 03:00 UTC+0.0248%/8h= +27.2% APRpaid last 24h +0.112%
Price spread now: Lighter against HTX+0.184%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs+$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$14as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days+0.531%+$53 on $10k
+Price spread, last 3 days (all we have)−0.092%−$9 · spread now +0.184%, 7d avg +0.040%
=Together, before fees+0.439%+ Points / potential airdropLighter: Season 3 · farm board+$44 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 0.144% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX NBIS-USDT | 233.74 | 0 | get 0.0000% / 8h | 5h 58m | $15K | $60K | 20x |
| Short | Lighter NBIS | 234.17 | 0.0248 | get 0.0031% / 1h | 58m 39s | $903K | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against HTX. 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: +0.184% → +0.040%
- $14.44
- Slippage, 4 orders
- −$16.21
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $38.31
- Costs to cover
- 0.282%
- Break-even
- 1.9 days
Slippage from HTX: live order book, 67 min ago; Lighter: live order book, 4 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 HTX live order book, 67 min ago | 2.33 bp | 12.4 bp −$12 | 26.7 bp −$267 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 4 min ago | 1.07 bp | 1.4 bp −$1 | 3.5 bp −$35 | 69.2 bp −$6,915 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0152% | 1h | 233.60 | −0.060% | $67K | $95K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.15 | +0.175% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.09 | +0.150% | $3.4M | $16.3M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.09 | +0.150% | $2.8M | $4.9M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.08 | +0.145% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.04 | +0.130% | $5K | $128K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.63 | −0.047% | $922 | $1.7M | 10x | as long as short |
| HTX NBIS-USDTlong | 0.0000% | 8h | 233.74 | long leg | $15K | $60K | 20x | |
| Phemex NBISUSDT | 0.0000% | 8h | 233.92 | +0.077% | $1.6M | $970K | 10x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 233.93 | +0.081% | $1.5M | $4.4M | 10x | as long as short |
Show all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 233.81 | +0.030% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.95 | +0.090% | — | $215K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0050% | 1h | 233.69 | −0.021% | $35K | $48K | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.66 | −0.034% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.71 | −0.013% | $19 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.04 | +0.128% | $164K | $497K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.01 | +0.116% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.70 | −0.017% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.71 | −0.013% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.090% | $382K | $712K | 10x | as long as short |
| Variational Omni NBIS | +0.0141% | 8h | 233.95 | +0.092% | $2.8M | $570K | — | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 233.85 | +0.046% | $24K | $15K | 20x | as long as short |
| Aster NBISUSDT | +0.0154% | 8h | 234.30 | +0.239% | $81K | $307K | 50x | as long as short |
| Binance NBISUSDT | +0.0167% | 8h | 234.17 | +0.184% | $19.1M | $84.7M | 25x | as long as short |
| Extended NBIS-USD | +0.0168% | 1h | 234.01 | +0.117% | $147K | $698K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0245% | 1h | 234.04 | +0.128% | $54.6M | $19.9M | 10x | as long as short |
| Lighter NBISshort | +0.0248% | 1h | 234.17 | +0.184% | $903K | $4.3M | 10x | |
| Phoenix NBIS | +0.0306% | 1h | 234.08 | +0.145% | $7K | $149K | 10x | as long as short |
| edgeX NBISUSDC | +0.0480% | 4h | 233.91 | +0.071% | $38K | $227K | 10x | as long as short |
| Entropy io:NBIS | +0.0557% | 1h | 233.99 | +0.107% | $10.2M | $3.3M | 10x | as long as short |
HTX NBIS-USDT
Lighter NBIS
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Kraken Futures PF_NBISUSD
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
tradeXYZ xyz:NBIS
Phoenix NBIS
edgeX NBISUSDC