Funding you earn now, next payment 05:00 UTC+0.0232%/8h= +25.4% APRpaid last 24h +0.095%
Price spread now: Lighter against SunX−0.030%7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$75as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1301.305% of the position
Funding, last 7 days+0.551%+$55 on $10k
+Price spread, last 4 days (all we have)+0.163%+$16 · spread now −0.030%, 7d avg +0.059%
=Together, before fees+0.714%+ Points / potential airdropLighter: Season 3 · farm board+$71 on $10k · with fees, hour by hour
Funding pays, the price is against you. Lighter is 0.089% cheaper against SunX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.059%). If the spread goes back, that is −$9 on $10k: about 31 hours of funding at the current rate (+$7 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NBIS-USDT | 234.22 | 0 | get 0.0000% / 8h | 3h 42m | $850 | $1.7M | 10x |
| Short | Lighter NBIS | 234.15 | 0.0232 | get 0.0029% / 1h | 42m 10s | $914K | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against SunX. 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
- $48.72
- Price spread: −0.030% → +0.059%
- −$8.93
- Slippage, 4 orders
- −$122.46
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$90.67
- Costs to cover
- 1.305%
- Break-even
- 20.0 days
Slippage from SunX: live order book, 3 min ago; Lighter: live order book, 5 min ago.
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 SunX live order book, 3 min ago | 45.42 bp | 64.2 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 0.43 bp | 1.0 bp −$1 | 2.7 bp −$27 | 67.4 bp −$6,737 | doesn't fit |
NBIS on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 234.28 | +0.025% | $79K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 234.08 | −0.058% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 234.15 | −0.032% | $19.2M | $84.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 234.18 | −0.017% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 234.13 | −0.038% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 234.13 | −0.038% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 234.17 | −0.021% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 234.44 | +0.093% | $2.9M | $557K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.45 | +0.098% | $4K | $120K | 10x | as long as short |
| SunX NBIS-USDTlong | 0.0000% | 8h | 234.22 | long leg | $850 | $1.7M | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 234.45 | +0.098% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 234.15 | −0.030% | $1.6M | $954K | 10x | as long as short |
| BloFin NBIS-USDT | +0.0009% | 8h | 234.21 | −0.004% | $207K | $206K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 234.10 | −0.051% | $1.5M | $4.0M | 10x | as long as short |
| Nado NBIS-PERP | +0.0036% | 1h | 234.01 | −0.091% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 234.11 | −0.047% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 234.28 | +0.026% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0048% | 1h | 234.07 | −0.064% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 234.05 | −0.073% | $54.6M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 234.02 | −0.085% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 234.09 | −0.056% | $84 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 234.18 | −0.017% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 234.03 | −0.081% | $482K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 234.08 | −0.060% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 234.07 | −0.062% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.572% | $389K | $724K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0220% | 1h | 234.06 | −0.068% | $35K | $49K | 10x | as long as short |
| Lighter NBISshort | +0.0232% | 1h | 234.15 | −0.030% | $914K | $3.9M | 10x | |
| Phoenix NBIS | +0.0239% | 1h | 234.36 | +0.060% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0314% | 1h | 234.17 | −0.021% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0720% | 4h | 234.32 | +0.045% | $38K | $227K | 10x | as long as short |
SunX NBIS-USDT
Lighter NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
HTX NBIS-USDT
Phemex NBISUSDT
BloFin NBIS-USDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Deribit NBIS_USDC-PERPETUAL
Phoenix NBIS
edgeX NBISUSDC