Funding you earn now, next payment 23:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.107%
Price spread now: Lighter against Orderly+0.051%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Lighter is 0.051% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_NBIS_USDC_mythos | 233.80 | 0.0100 | pay 0.0100% / 8h | 1h 07m | $2K | $3K | 10x |
| Short | Lighter NBIS | 233.92 | 0.0248 | get 0.0031% / 1h | 7m 12s | $930K | $4.6M | 10x |
Orderly PERP_NBIS_USDC_mythos
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Orderly. 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
- $31.08
- Price spread: +0.051% → 0.000%
- $5.13
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $30.21
- Costs to cover
- 0.060%
- Break-even
- 0.2 days
Slippage unknown: Orderly: no order-book sample; Lighter: live order book, 6 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Lighter live order book, 6 min ago | 0.86 bp | 1.2 bp −$1 | 3.0 bp −$30 | 89.2 bp −$8,917 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 233.73 | −0.030% | $5.2M | $6.5M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.67 | −0.056% | $3.4M | $17.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.80 | 0.000% | $2.8M | $5.3M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.63 | −0.073% | $2.5M | $4.7M | 20x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.84 | +0.017% | $1K | $1.8M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.71 | −0.038% | $35K | $47K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.89 | +0.038% | $15K | $115K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.83 | +0.013% | $1.6M | $970K | 10x | as long as short |
| QFEX NBIS-USD | +0.0038% | 1h | 233.73 | −0.030% | $1.5M | $5.1M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.81 | +0.004% | $44K | $134K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.97 | +0.073% | — | $234K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.81 | +0.004% | $132K | $683K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.79 | −0.004% | $19 | $20K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0072% | 1h | 233.76 | −0.017% | $358K | $701K | 10x | as long as short |
| Variational Omni NBIS | +0.0075% | 8h | 233.82 | +0.008% | $2.8M | $825K | — | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.65 | −0.064% | $482K | $25K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythoslong | +0.0100% | 8h | 233.80 | long leg | $2K | $3K | 10x | |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.82 | +0.006% | — | — | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0122% | 1h | 233.73 | −0.030% | $173K | $499K | 10x | as long as short |
| Aster NBISUSDT | +0.0125% | 8h | 233.82 | +0.009% | $79K | $304K | 50x | as long as short |
| Binance NBISUSDT | +0.0135% | 8h | 233.83 | +0.012% | $19.4M | $86.9M | 25x | as long as short |
| Extended NBIS-USD | +0.0136% | 1h | 233.77 | −0.012% | $142K | $697K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0138% | 8h | 233.78 | −0.009% | $205K | $213K | 20x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0155% | 8h | 233.87 | +0.029% | $5K | $142K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0217% | 1h | 233.86 | +0.026% | $54.5M | $23.4M | 10x | as long as short |
| Lighter NBISshort | +0.0248% | 1h | 233.92 | +0.051% | $930K | $4.6M | 10x | |
| Nado NBIS-PERP | +0.0268% | 1h | 233.75 | −0.022% | $28K | $63K | 3x | as long as short |
| Entropy io:NBIS | +0.0334% | 1h | 233.86 | +0.026% | $10.2M | $3.3M | 10x | as long as short |
| Phoenix NBIS | +0.0343% | 1h | 233.69 | −0.047% | $7K | $185K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0346% | 1h | 233.64 | −0.069% | $24K | $13K | 20x | as long as short |
| edgeX NBISUSDC | +0.0847% | 4h | 233.83 | +0.013% | $37K | $234K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
KuCoin NBISUSDTM
Aevo NBIS-PERP
Ondo Perps NBIS-USD.P
Aster NBISUSDT
Binance NBISUSDT
Extended NBIS-USD
BloFin NBIS-USDT
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Entropy io:NBIS
Phoenix NBIS
Kraken Futures PF_NBISUSD
edgeX NBISUSDC