Funding you earn now, next payment 03:00 UTC−0.0128%/8h= −14.0% APRnext payment −$0.16 per $10,000 · paid last 24h —
Price spread now: Aevo against Lighter−0.036%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days—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
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aevo is 0.036% cheaper against Lighter than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 234.02 | 0.0232 | pay 0.0029% / 1h | 48m 21s | $903K | $4.3M | 10x |
| Short | Aevo NBIS-PERP | 233.94 | 0.0104 | get 0.0013% / 1h | 48m 21s | — | — | 10x |
Lighter NBIS
Aevo NBIS-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aevo against Lighter. 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
- −$26.88
- Price spread: −0.036% → 0.000%
- −$3.56
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aevo: 8 bp × 2 orders
- −$16
- Net
- −$46.44
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Lighter: live order book, 9 min ago; Aevo: 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 Lighter live order book, 9 min ago | 0.43 bp | 0.5 bp −$1 | 2.1 bp −$21 | 73.3 bp −$7,326 | doesn't fit |
| Sell Aevo no order-book sample | — | — | — | — | — |
Aevo: 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.
NBIS on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado NBIS-PERP | −0.0014% | 1h | 233.93 | −0.037% | $67K | $95K | 3x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.98 | −0.017% | $5.0M | $6.2M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.95 | −0.030% | $3.4M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.03 | +0.004% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.03 | +0.004% | $2.4M | $4.4M | 20x | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.25 | +0.100% | $5K | $127K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 234.06 | +0.017% | $903 | $1.7M | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.19 | +0.073% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.93 | −0.038% | $1.6M | $967K | 10x | as long as short |
| QFEX NBIS-USD | +0.0023% | 1h | 233.99 | −0.013% | $1.5M | $4.4M | 10x | as long as short |
Nado NBIS-PERP
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USDShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NBIS-USD | +0.0040% | 1h | 233.96 | −0.026% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.20 | +0.077% | — | $215K | 5x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0049% | 1h | 233.92 | −0.043% | $35K | $48K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.94 | −0.034% | $54.6M | $19.7M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.95 | −0.030% | $149K | $453K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.00 | −0.009% | $28 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.09 | +0.030% | $163K | $499K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.00 | −0.009% | $482K | $21K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.96 | −0.026% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERPshort | +0.0104% | 1h | 233.94 | −0.036% | — | — | 10x | |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 233.53 | −0.209% | $382K | $712K | 10x | as long as short |
| Variational Omni NBIS | +0.0121% | 8h | 234.14 | +0.051% | $2.8M | $569K | — | as long as short |
| Aster NBISUSDT | +0.0137% | 8h | 234.24 | +0.092% | $81K | $307K | 50x | as long as short |
| Extended NBIS-USD | +0.0144% | 1h | 233.92 | −0.044% | $147K | $698K | 10x | as long as short |
| Binance NBISUSDT | +0.0148% | 8h | 233.99 | −0.014% | $19.1M | $84.6M | 25x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0152% | 1h | 233.96 | −0.026% | $23K | $15K | 20x | as long as short |
| Lighter NBISlong | +0.0232% | 1h | 234.02 | long leg | $903K | $4.3M | 10x | |
| Phoenix NBIS | +0.0308% | 1h | 234.23 | +0.090% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0417% | 1h | 234.04 | +0.009% | $10.2M | $3.3M | 10x | as long as short |
| edgeX NBISUSDC | +0.0894% | 4h | 234.14 | +0.050% | $38K | $226K | 10x | as long as short |
Arcus NBIS-USD
Vest NBIS-USD-PERP
Deribit NBIS_USDC-PERPETUAL
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Coinbase International NBIS-PERP-INTX
Variational Omni NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Kraken Futures PF_NBISUSD
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC