Funding you earn now, next payment 01:00 UTC+0.0290%/8h= +31.7% APRnext payment +$0.36 per $10,000 · paid last 24h +0.102%
Price spread now: Lighter against QFEX+0.055%7-day average +0.068% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$170.171% of the position
Funding, last 3 days (all we have)+0.171%+$17 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.055%, 7d avg +0.068%
=Together, before fees+0.182%+ Points / potential airdropLighter: Season 3 · farm board+$18 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.068%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NBIS-USD | 235.90 | 0.0038 | pay 0.0005% / 1h | 25m 34s | $1.5M | $5.0M | 10x |
| Short | Lighter NBIS | 236.03 | 0.0328 | get 0.0041% / 1h | 25m 34s | $928K | $4.5M | 10x |
QFEX NBIS-USD
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against QFEX. 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
- $60.85
- Price spread: +0.055% → +0.068%
- −$1.31
- Slippage, 4 orders
- −$7.13
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $42.4
- Costs to cover
- 0.171%
- Break-even
- 2.1 days
Slippage from QFEX: live order book, 3 min ago; Lighter: live order book, 7 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 QFEX live order book, 3 min ago | 2.33 bp | 8.1 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.64 bp | 0.8 bp −$1 | 2.8 bp −$28 | 71.9 bp −$7,194 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NBISUSD | −0.0178% | 1h | 236.05 | +0.063% | $24K | $15K | 20x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 235.96 | +0.025% | $3.4M | $16.8M | 25x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 236.08 | +0.076% | $1K | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 236.07 | +0.072% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 236.25 | +0.148% | $15K | $112K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 236.21 | +0.131% | $1.6M | $973K | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0016% | 1h | 236.05 | +0.064% | $386K | $739K | 10x | as long as short |
| Gate NBIS_USDT | +0.0028% | 8h | 235.97 | +0.030% | $2.8M | $5.1M | 50x | as long as short |
| QFEX NBIS-USDlong | +0.0038% | 1h | 235.90 | long leg | $1.5M | $5.0M | 10x | |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 236.41 | +0.216% | — | $224K | 5x | as long as short |
Kraken Futures PF_NBISUSD
OKX NBIS-USDT-SWAP
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Coinbase International NBIS-PERP-INTX
Gate NBIS_USDT
Vest NBIS-USD-PERPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 236.13 | +0.097% | $176K | $505K | 10x | as long as short |
| Bybit NBISUSDT | +0.0078% | 8h | 235.99 | +0.038% | $5.1M | $6.5M | 50x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 235.87 | −0.013% | $486K | $23K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 236.13 | +0.097% | $2K | $3K | 10x | as long as short |
| Bitget NBISUSDT | +0.0103% | 8h | 235.95 | +0.021% | $2.5M | $4.6M | 20x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 236.20 | +0.126% | — | — | 10x | as long as short |
| Nado NBIS-PERP | +0.0192% | 1h | 236.19 | +0.125% | $31K | $66K | 3x | as long as short |
| SoDEX NBIS-USD | +0.0194% | 1h | 236.13 | +0.097% | $57 | $20K | 10x | as long as short |
| Variational Omni NBIS | +0.0240% | 8h | 236.09 | +0.081% | $2.9M | $820K | — | as long as short |
| Aster NBISUSDT | +0.0252% | 8h | 235.96 | +0.027% | $82K | $308K | 50x | as long as short |
| BloFin NBIS-USDT | +0.0253% | 8h | 236.22 | +0.136% | $207K | $212K | 20x | as long as short |
| Extended NBIS-USD | +0.0272% | 1h | 235.89 | −0.005% | $151K | $856K | 10x | as long as short |
| Binance NBISUSDT | +0.0273% | 8h | 235.94 | +0.017% | $19.6M | $85.7M | 25x | as long as short |
| Lighter NBISshort | +0.0328% | 1h | 236.03 | +0.055% | $928K | $4.5M | 10x | |
| Polymarket Perps NBIS-USD | +0.0343% | 1h | 236.04 | +0.059% | $135K | $442K | 10x | as long as short |
| Arcus NBIS-USD | +0.0366% | 1h | 235.96 | +0.025% | $44K | $132K | 5x | as long as short |
| Phoenix NBIS | +0.0409% | 1h | 236.14 | +0.102% | $7K | $163K | 10x | as long as short |
| GRVT NBIS_USDT_Perp | +0.0435% | 8h | 235.71 | −0.082% | $5K | $133K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0439% | 1h | 235.87 | −0.013% | $55.2M | $23.7M | 10x | as long as short |
| Entropy io:NBIS | +0.0900% | 1h | 235.97 | +0.030% | $10.3M | $3.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0983% | 4h | 236.10 | +0.086% | $38K | $227K | 10x | as long as short |
Ondo Perps NBIS-USD.P
Bybit NBISUSDT
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Bitget NBISUSDT
Aevo NBIS-PERP
Nado NBIS-PERP
SoDEX NBIS-USD
Variational Omni NBIS
Aster NBISUSDT
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Polymarket Perps NBIS-USD
Arcus NBIS-USD
Phoenix NBIS
GRVT NBIS_USDT_Perp
tradeXYZ xyz:NBIS
Entropy io:NBIS
edgeX NBISUSDC