Funding you earn now, next payment 06:00 UTC−0.0224%/8h= −24.5% APRnext payment −$0.28 per $10,000 · paid last 24h −0.077%
Price spread now: Extended against Lighter+0.056%7-day average −0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$280.282% of the position
Funding, last 7 days−0.462%−$46 on $10k
+Price spread, last 4 days (all we have)−0.132%−$13 · spread now +0.056%, 7d avg −0.093%
=Together, before fees−0.594%+ Points / potential airdropLighter: Season 3 · Extended: Active · farm board−$59 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Extended is 0.149% dearer against Lighter than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of −0.093%): +$15 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 230.46 | 0.0224 | pay 0.0028% / 1h | 30m 56s | $919K | $3.9M | 10x |
| Short | Extended NBIS-USD | 230.59 | 0 | get 0.0000% / 1h | 30m 56s | $144K | $753K | 10x |
Lighter NBIS
Extended NBIS-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Lighter. 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
- −$47.04
- Price spread: +0.056% → −0.093%
- $14.86
- Slippage, 4 orders
- −$23.25
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$60.43
- Costs to cover
- 0.282%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; Extended: live order book, 17 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 Lighter live order book, 7 min ago | 1.51 bp | 2.8 bp −$3 | 10.5 bp −$105 | 215.9 bp −$21.6K | doesn't fit |
| Sell Extended live order book, 17 min ago | 1.94 bp | 11.8 bp −$12 | 165.8 bp −$1,658 | doesn't fit | 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 | −0.0373% | 8h | 230.76 | +0.130% | $2.3M | $4.5M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.54 | +0.035% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USDshort | 0.0000% | 1h | 230.59 | +0.056% | $144K | $753K | 10x | |
| Binance NBISUSDT | 0.0000% | 8h | 230.60 | +0.062% | $18.4M | $86.5M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.64 | +0.078% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.70 | +0.104% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 230.62 | +0.069% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.59 | +0.056% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.61 | +0.063% | $5K | $118K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.70 | +0.104% | $711 | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 230.89 | +0.187% | $15K | $61K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.70 | +0.104% | $1.6M | $956K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0011% | 1h | 230.35 | −0.048% | $34K | $49K | 10x | as long as short |
| Nado NBIS-PERP | +0.0011% | 1h | 230.56 | +0.044% | $37K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0012% | 8h | 230.69 | +0.100% | $206K | $204K | 20x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 230.66 | +0.087% | $1.5M | $3.9M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.70 | +0.104% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.57 | +0.048% | — | $219K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.55 | +0.039% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.55 | +0.039% | $97 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.69 | +0.100% | $159K | $523K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0062% | 1h | 230.57 | +0.048% | $53.6M | $20.5M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.48 | +0.009% | $475K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.37 | −0.039% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.40 | −0.028% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 230.16 | −0.130% | $352K | $791K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0223% | 1h | 230.50 | +0.019% | $23K | $15K | 20x | as long as short |
| Lighter NBISlong | +0.0224% | 1h | 230.46 | long leg | $919K | $3.9M | 10x | |
| Phoenix NBIS | +0.0242% | 1h | 230.78 | +0.139% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0308% | 1h | 230.77 | +0.135% | $10.0M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0817% | 4h | 230.62 | +0.068% | $37K | $227K | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
Deribit NBIS_USDC-PERPETUAL
Nado NBIS-PERP
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC