Funding you earn now, next payment 09:00 UTC−0.0128%/8h= −14.0% APRpaid last 24h −0.079%
Price spread now: Gate against Lighter−0.009%7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$400.395% of the position
Funding, last 7 days−0.404%−$40 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.009%, 7d avg −0.003%
=Together, before fees−0.382%+ Points / potential airdropLighter: Season 3 · farm board−$38 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.003%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 228.71 | 0.0128 | pay 0.0016% / 1h | 38m 44s | $918K | $4.0M | 10x |
| Short | Gate NBIS_USDT | 228.69 | 0 | get 0.0000% / 8h | 7h 38m | $2.7M | $5.1M | 50x |
Lighter NBIS
Gate NBIS_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$26.88
- Price spread: −0.009% → −0.003%
- −$0.53
- Slippage, 4 orders
- −$24.52
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$66.93
- Costs to cover
- 0.395%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Gate: live order book, 5 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, 4 min ago | 0.87 bp | 1.2 bp −$1 | 3.2 bp −$32 | 60.2 bp −$6,021 | doesn't fit |
| Sell Gate live order book, 5 min ago | 3.27 bp | 22.3 bp −$22 | 117.2 bp −$1,172 | 296.7 bp −$29.7K | 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 | −0.0290% | 8h | 228.70 | −0.004% | $2.3M | $4.5M | 20x | as long as short |
| Coinbase International NBIS-PERP-INTX | −0.0008% | 1h | 229.39 | +0.297% | $355K | $806K | 10x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 228.79 | +0.037% | $81K | $313K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 228.66 | −0.021% | $146K | $877K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 228.74 | +0.015% | $18.6M | $88.4M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 228.78 | +0.031% | $4.8M | $6.7M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 228.82 | +0.048% | $3.2M | $15.8M | 25x | as long as short |
| Gate NBIS_USDTshort | 0.0000% | 8h | 228.69 | −0.009% | $2.7M | $5.1M | 50x | |
| Variational Omni NBIS | 0.0000% | 8h | 228.94 | +0.102% | $2.8M | $576K | — | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 228.92 | +0.092% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Coinbase International NBIS-PERP-INTX
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Variational Omni NBIS
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 | 228.88 | +0.074% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 229.04 | +0.144% | $15K | $58K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 228.80 | +0.039% | $1.5M | $971K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0003% | 8h | 228.86 | +0.066% | $202K | $212K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 228.89 | +0.079% | $42K | $124K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 228.78 | +0.031% | — | $224K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 228.80 | +0.039% | $136K | $466K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 228.79 | +0.035% | $64 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 228.96 | +0.109% | $148K | $539K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0059% | 1h | 228.67 | −0.017% | $53.3M | $21.4M | 10x | as long as short |
| Nado NBIS-PERP | +0.0061% | 1h | 228.86 | +0.066% | $38K | $116K | 3x | as long as short |
| QFEX NBIS-USD | +0.0064% | 1h | 228.99 | +0.122% | $1.5M | $3.6M | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0075% | 8h | 229.25 | +0.236% | $4K | $114K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 228.65 | −0.026% | $470K | $55K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 228.96 | +0.109% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 228.78 | +0.029% | — | — | 10x | as long as short |
| Lighter NBISlong | +0.0128% | 1h | 228.71 | long leg | $918K | $4.0M | 10x | |
| Phoenix NBIS | +0.0277% | 1h | 229.03 | +0.140% | $7K | $125K | 10x | as long as short |
| Entropy io:NBIS | +0.0300% | 1h | 228.86 | +0.066% | $10.0M | $3.1M | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0682% | 1h | 228.83 | +0.054% | $22K | $16K | 20x | as long as short |
| edgeX NBISUSDC | +0.0983% | 4h | 228.96 | +0.108% | $37K | $226K | 10x | 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
tradeXYZ xyz:NBIS
Nado NBIS-PERP
QFEX NBIS-USD
GRVT NBIS_USDT_Perp
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Phoenix NBIS
Entropy io:NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC