NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0318%/8h= +34.8% APRnext payment +$0.40 per $10,000 · paid last 24h +0.085%

Price spread now: Lighter against SoDEX+0.081%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 3 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 +$10 a day on $10k at the current rate, and Lighter is 0.081% dearer against SoDEX than usual: you sell high and buy low: +$8 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	SoDEX NBIS-USD	234.38	0.0050	pay 0.0006% / 1h	40m 28s	$28	$20K	10x
Short	Lighter NBIS	234.57	0.0368	get 0.0046% / 1h	40m 28s	$934K	$4.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee LighterbpOrdersPrice spread, now +0.081%Rate

Funding earned: $66.78
Price spread: +0.081% → 0.000%: $8.11
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: $66.89
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; Lighter: live order book, 2 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 SoDEX no order-book sample	—	—	—	—	—
Sell Lighter live order book, 2 min ago	0.21 bp	0.8 bp −$1	2.1 bp −$21	69.4 bp −$6,935	doesn't fit

SoDEX: 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	234.39	+0.004%	$5.2M	$6.5M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	234.48	+0.043%	$3.4M	$17.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	234.41	+0.013%	$2.8M	$5.3M	50x	as long as short
Bitget NBISUSDT	0.0000%	8h	234.41	+0.013%	$2.5M	$4.8M	20x	as long as short
SunX NBIS-USDT	0.0000%	8h	234.40	+0.009%	$909	$1.8M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	0.0000%	1h	234.36	−0.009%	$35K	$48K	10x	as long as short
Coinbase International NBIS-PERP-INTX	0.0000%	1h	233.76	−0.265%	$358K	$676K	10x	as long as short
HTX NBIS-USDT	0.0000%	8h	234.46	+0.034%	$15K	$115K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	234.38	0.000%	$1.6M	$967K	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	234.50	+0.051%	—	$234K	5x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps NBIS-USD	+0.0050%	1h	234.40	+0.009%	$147K	$706K	10x	as long as short
SoDEX NBIS-USDlong	+0.0050%	1h	234.38	long leg	$28	$20K	10x
QFEX NBIS-USD	+0.0051%	1h	234.40	+0.009%	$1.5M	$5.1M	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	234.26	−0.051%	$483K	$25K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	234.38	0.000%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	234.43	+0.020%	—	—	10x	as long as short
Nado NBIS-PERP	+0.0202%	1h	234.34	−0.018%	$28K	$63K	3x	as long as short
Variational Omni NBIS	+0.0202%	8h	234.45	+0.030%	$2.9M	$821K	—	as long as short
Aster NBISUSDT	+0.0223%	8h	234.33	−0.021%	$79K	$306K	50x	as long as short
BloFin NBIS-USDT	+0.0232%	8h	234.47	+0.038%	$205K	$214K	20x	as long as short
Binance NBISUSDT	+0.0236%	8h	234.42	+0.017%	$19.4M	$86.4M	25x	as long as short
Ondo Perps NBIS-USD.P	+0.0236%	1h	234.33	−0.021%	$174K	$498K	10x	as long as short
Extended NBIS-USD	+0.0240%	1h	234.38	0.000%	$142K	$697K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0249%	1h	234.15	−0.099%	$24K	$13K	20x	as long as short
GRVT NBIS_USDT_Perp	+0.0252%	8h	234.45	+0.031%	$5K	$140K	10x	as long as short
Arcus NBIS-USD	+0.0269%	1h	234.41	+0.013%	$44K	$134K	5x	as long as short
tradeXYZ xyz:NBIS	+0.0271%	1h	234.45	+0.030%	$54.7M	$23.3M	10x	as long as short
Lighter NBISshort	+0.0368%	1h	234.57	+0.081%	$934K	$4.6M	10x
Phoenix NBIS	+0.0376%	1h	234.52	+0.060%	$7K	$163K	10x	as long as short
edgeX NBISUSDC	+0.0502%	4h	234.37	−0.003%	$38K	$236K	10x	as long as short
Entropy io:NBIS	+0.0503%	1h	234.43	+0.021%	$10.2M	$3.4M	10x	as long as short