Funding you earn now, next payment 07:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.090%
Price spread now: OKX against Lighter−0.026%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$70as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$240.240% of the position
Funding, last 7 days−0.465%−$46 on $10k
+Price spread, last 7 days+0.034%+$3 · spread now −0.026%, 7d avg −0.021%
=Together, before fees−0.431%+ Points / potential airdropLighter: Season 3 · farm board−$43 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.021%, 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 | Lighter NBIS | 230.51 | 0.0192 | pay 0.0024% / 1h | 41m 03s | $946K | $4.0M | 10x |
| Short | OKX NBIS-USDT-SWAP | 230.45 | 0 | get 0.0000% / 8h | 1h 41m | $3.3M | $16.2M | 25x |
Lighter NBIS
OKX NBIS-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$40.32
- Price spread: −0.026% → −0.021%
- −$0.49
- Slippage, 4 orders
- −$14
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$64.81
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 7 min ago; OKX: live order book, 2 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 | 0.65 bp | 0.9 bp −$1 | 3.2 bp −$32 | 76.9 bp −$7,686 | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.95 bp | 11.8 bp −$12 | 30.0 bp −$300 | 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 | −0.0481% | 8h | 230.52 | +0.004% | $2.3M | $4.6M | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.41 | −0.043% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.45 | −0.026% | $144K | $678K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 230.54 | +0.013% | $18.5M | $87.3M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 230.50 | −0.004% | $4.9M | $6.6M | 50x | as long as short |
| OKX NBIS-USDT-SWAPshort | 0.0000% | 8h | 230.45 | −0.026% | $3.3M | $16.2M | 25x | |
| Gate NBIS_USDT | 0.0000% | 8h | 230.52 | +0.004% | $2.7M | $5.1M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.87 | +0.158% | $2.8M | $602K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.38 | −0.058% | $5K | $116K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 230.52 | +0.004% | $1K | $1.6M | 10x | as long as short |
Bitget NBISUSDT
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
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 | 230.50 | −0.004% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 230.51 | 0.000% | $1.6M | $963K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0014% | 8h | 230.45 | −0.026% | $204K | $205K | 20x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.52 | +0.004% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.44 | −0.030% | — | $221K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.48 | −0.013% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.33 | −0.078% | $88 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.31 | −0.087% | $152K | $547K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 230.56 | +0.022% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0064% | 1h | 230.41 | −0.042% | $37K | $115K | 3x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.39 | −0.052% | $475K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.44 | −0.030% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.36 | −0.065% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.47 | −0.017% | $351K | $812K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0138% | 1h | 230.50 | −0.004% | $54.2M | $21.0M | 10x | as long as short |
| Lighter NBISlong | +0.0192% | 1h | 230.51 | long leg | $946K | $4.0M | 10x | |
| Phoenix NBIS | +0.0311% | 1h | 230.47 | −0.017% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0364% | 1h | 230.58 | +0.030% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0470% | 4h | 230.86 | +0.153% | $37K | $228K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0488% | 1h | 230.42 | −0.039% | $34K | $49K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0686% | 1h | 230.48 | −0.013% | $23K | $15K | 20x | as long as short |
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
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Deribit NBIS_USDC-PERPETUAL
Kraken Futures PF_NBISUSD