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: Bitget against Lighter−0.096%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 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: Bitget is 0.096% cheaper against Lighter than usual: you would sell low and buy high, −$10 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NMR9.47410.0096pay 0.0012% / 1h18m 45s$47K$18K3x
ShortBitget NMRUSDT9.46500.0100get 0.0050% / 4h2h 18m$866K$132K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Lighter. 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: −0.096% → 0.000%
−$9.61
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$20.77
Costs to cover
0.120%
Break-even
180.0 days
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 27 min ago. 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 Lighter no order-book sample
Sell Bitget live order book, 27 min ago4.23 bp23.6 bp −$2461.4 bp −$614doesn't fitdoesn't fit
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 NMRlong+0.0096%1h9.4741long leg$47K$18K3x
Binance NMRUSDT+0.0100%4h9.4740−0.001%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4770+0.031%$617K$215K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4630−0.117%$431K$394K20xas long as short
Gate NMR_USDT+0.0100%8h9.4760+0.020%$228K$65K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4660−0.085%$5.0M$156K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4635−0.112%$281K$34K30xas long as short
Bitget NMRUSDTshort+0.0100%4h9.4650−0.096%$866K$132K50x
BingX NMR-USDT+0.0100%4h9.4690−0.054%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4548−0.203%$2K$463as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.3015%1h9.4916+0.185%$27K$15K10xas long as short