Funding you earn now, next payment 07:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.062%
Price spread now: Lighter against KuCoin+0.022%7-day average +0.118% · you sell dearer than you buy
Net, funding: paid 7d − costs−$255as in the Funding arb table
Net, price: spread back to 7d avg − costs−$300as in the Price arb table
costs, in and out, $10k−$2912.906% of the position
Funding, last 7 days+0.361%+$36 on $10k
+Price spread, last 4 days (all we have)+0.136%+$14 · spread now +0.022%, 7d avg +0.118%
=Together, before fees+0.497%+ Points / potential airdropLighter: Season 3 · farm board+$50 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.097% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.022% now, against its 7-day average of +0.118%). If the spread goes back, that is −$10 on $10k: about 2.3 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NBISUSDTM | 230.67 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $475K | $20K | 20x |
| Short | Lighter NBIS | 230.72 | 0.0240 | get 0.0030% / 1h | 44m 07s | $945K | $4.0M | 10x |
KuCoin NBISUSDTM
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against KuCoin. 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
- $29.4
- Price spread: +0.022% → +0.118%
- −$9.67
- Slippage, 4 orders
- −$278.62
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$270.89
- Costs to cover
- 2.906%
- Break-even
- 71.5 days
Slippage from KuCoin: live order book, 74 min ago; Lighter: live order book, 3 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 KuCoin live order book, 74 min ago | 28.27 bp | 134.1 bp −$134 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 3 min ago | 0.65 bp | 0.6 bp −$1 | 3.1 bp −$31 | 75.2 bp −$7,515 | 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 NBISUSDT | −0.0441% | 8h | 230.69 | +0.009% | $2.3M | $4.5M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.76 | +0.037% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.65 | −0.007% | $145K | $688K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.68 | +0.005% | $18.5M | $87.2M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.75 | +0.035% | $4.9M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.40 | −0.117% | $3.3M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.64 | −0.013% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.87 | +0.089% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.91 | +0.103% | $5K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.94 | +0.117% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
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 | 230.58 | −0.039% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 230.86 | +0.082% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.65 | −0.009% | $1.6M | $963K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0008% | 8h | 230.87 | +0.087% | $203K | $205K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.86 | +0.082% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.64 | −0.013% | — | $221K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.67 | 0.000% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.64 | −0.013% | $92 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.65 | −0.009% | $151K | $547K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 230.85 | +0.078% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0070% | 1h | 230.70 | +0.011% | $37K | $115K | 3x | as long as short |
| edgeX NBISUSDC | +0.0082% | 4h | 230.87 | +0.088% | $37K | $227K | 10x | as long as short |
| KuCoin NBISUSDTMlong | +0.0100% | 8h | 230.67 | long leg | $475K | $20K | 20x | |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.69 | +0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.66 | −0.005% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.50 | −0.074% | $350K | $812K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0149% | 1h | 230.33 | −0.147% | $54.1M | $21.0M | 10x | as long as short |
| Lighter NBISshort | +0.0240% | 1h | 230.72 | +0.022% | $945K | $4.0M | 10x | |
| Phoenix NBIS | +0.0311% | 1h | 231.29 | +0.269% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0430% | 1h | 230.96 | +0.126% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0685% | 1h | 230.66 | −0.003% | $23K | $15K | 20x | as long as short |
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
edgeX NBISUSDC
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD