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 +0.004%
Price spread now: Gate against Lighter−0.174%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: Gate is 0.174% cheaper against Lighter than usual: you would sell low and buy high, −$17 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NMR9.55060.0096pay 0.0012% / 1h58m 53s$47K$14K3x
ShortGate NMR_USDT9.53400.0100get 0.0100% / 8h7h 58m$230K$57K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.174% → 0.000%
−$17.38
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$31.54
Costs to cover
0.150%
Break-even
269.8 days
Slippage unknown: Lighter: no order-book sample; Gate: live order book, 32 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 Gate live order book, 32 min ago7.37 bp47.0 bp −$47doesn't fitdoesn'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%1h9.5506long leg$47K$14K3x
Binance NMRUSDT+0.0100%4h9.5427−0.082%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.5400−0.111%$624K$210K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.5310−0.205%$436K$353K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.5340−0.174%$230K$57K50x
MEXC NMR_USDT+0.0100%4h9.5410−0.101%$5.1M$157K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.5370−0.142%$282K$33K30xas long as short
Bitget NMRUSDT+0.0100%4h9.5420−0.090%$870K$126K50xas long as short
BingX NMR-USDT+0.0100%4h9.5440−0.069%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.5452−0.056%$2K$333as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+3.9987%1h9.5523+0.017%$28K$15K10xas long as short