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 06:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bitget+0.074%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 0.074% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.46000.0100pay 0.0050% / 4h2h 20m$865K$132K50x
ShortLighter NMR9.46700.0096get 0.0012% / 1h20m 02s$47K$18K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bitget. 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: +0.074% → 0.000%
$7.4
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$5.44
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 26 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 Bitget live order book, 26 min ago4.23 bp17.8 bp −$18106.7 bp −$1,067doesn't fitdoesn't fit
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%1h9.4670+0.074%$47K$18K3x
Binance NMRUSDT+0.0100%4h9.4760+0.169%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4760+0.169%$617K$215K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4580−0.021%$430K$393K20xas long as short
Gate NMR_USDT+0.0100%8h9.4720+0.127%$228K$65K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4680+0.085%$5.0M$156K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4590−0.011%$280K$34K30xas long as short
Bitget NMRUSDTlong+0.0100%4h9.4600long leg$865K$132K50x
BingX NMR-USDT+0.0100%4h9.4680+0.085%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4548−0.054%$2K$463as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.3015%1h9.4904+0.321%$27K$15K10xas long as short