Funding you earn now, next payment 09:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.004%
Price spread now: Lighter against Gate+0.108%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 6 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
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Lighter is 0.108% dearer against Gate than usual: you sell high and buy low, +$11 on $10k if it 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 | Gate NMR_USDT | 9.5390 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $230K | $58K | 50x |
| Short | Lighter NMR | 9.5493 | 0.0096 | get 0.0012% / 1h | 57m 50s | $47K | $14K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- −$0.84
- Price spread: +0.108% → 0.000%
- $10.8
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$5.04
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 33 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 33 min ago | 7.37 bp | 42.8 bp −$43 | doesn't fit | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMRshort | +0.0096% | 1h | 9.5493 | +0.108% | $47K | $14K | 3x | |
| Binance NMRUSDT | +0.0100% | 4h | 9.5431 | +0.043% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5480 | +0.094% | $625K | $210K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5370 | −0.021% | $436K | $353K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.5390 | long leg | $230K | $58K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5420 | +0.031% | $5.1M | $157K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.5370 | −0.021% | $282K | $33K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5420 | +0.031% | $870K | $126K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5420 | +0.031% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5452 | +0.065% | $2K | $333 | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +3.9985% | 1h | 9.5528 | +0.144% | $28K | $15K | 10x | as long as short |
Gate NMR_USDT
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD