Settings8H · net · $10k
Funding arb · Price arb /

NMR

all NMR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against BingX+0.083%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.083% dearer against BingX than usual: you sell high and buy low, +$8 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NMR-USDT9.55800.0100pay 0.0050% / 4h3h 56m$2.4M
ShortLighter NMR9.56590.0096get 0.0012% / 1h56m 45s$48K$14K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against BingX. 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

Funding earned
−$0.84
Price spread: +0.083% → 0.000%
$8.27
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee Lighter: 0 bp × 2 orders
$0
Net
−$2.57
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 8 min ago; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 8 min ago5.77 bp24.9 bp −$2553.2 bp −$532433.9 bp −$43.4K492.2 bp −$246.1K
Sell Lighter no order-book sample
Lighter: 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.

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMRshort+0.0096%1h9.5659+0.083%$48K$14K3x
Binance NMRUSDT+0.0100%4h9.5570−0.010%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.5530−0.052%$625K$211K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.5390−0.199%$437K$352K20xas long as short
Gate NMR_USDT+0.0100%8h9.5460−0.126%$230K$58K50xas long as short
MEXC NMR_USDT+0.0100%4h9.5610+0.031%$5.1M$157K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.5442−0.144%$283K$33K30xas long as short
Bitget NMRUSDT+0.0100%4h9.5600+0.021%$872K$126K50xas long as short
BingX NMR-USDTlong+0.0100%4h9.5580long leg$2.4M
Variational Omni NMR+0.0100%4h9.5452−0.134%$2K$333as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+3.9967%1h9.5571−0.010%$28K$15K10xas long as short