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

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit−0.018%7-day average · you buy dearer than you sell
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 5 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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NMRUSDT9.51700.0100pay 0.0050% / 4h3h 05m$627K$213K50x
ShortLighter NMR9.51530.0096get 0.0012% / 1h5m 47s$47K$20K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against Bybit. 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: −0.018% → 0.000%
−$1.79
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Lighter: 0 bp × 2 orders
$0
Net
−$13.63
Costs to cover
0.110%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 59 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 Bybit live order book, 59 min ago3.17 bp36.6 bp −$37194.0 bp −$1,940doesn'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%1h9.5153−0.018%$47K$20K3x
Binance NMRUSDT+0.0100%4h9.5160−0.011%$2.0M$2.2M50xas long as short
Bybit NMRUSDTlong+0.0100%4h9.5170long leg$627K$213K50x
OKX NMR-USDT-SWAP+0.0100%4h9.5060−0.116%$420K$393K20xas long as short
MEXC NMR_USDT+0.0100%4h9.5140−0.032%$5.0M$165K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.5165−0.005%$282K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.5190+0.021%$863K$163K50xas long as short
BingX NMR-USDT+0.0100%4h9.5180+0.011%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.5107−0.066%$2K$442as long as short
Gate NMR_USDT+0.0210%8h9.5270+0.105%$231K$80K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2095%1h9.5382+0.222%$27K$15K10xas long as short