Funding you earn now, next payment 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against Bybit+0.185%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 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 0.185% dearer against Bybit than usual: you sell high and buy low, +$18 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 | Bybit NMRUSDT | 9.4150 | 0.0100 | pay 0.0050% / 4h | 2h 23m | $615K | $201K | 50x |
| Short | Lighter NMR | 9.4324 | 0.0096 | get 0.0012% / 1h | 23m 51s | $47K | $21K | 3x |
Bybit NMRUSDT
Lighter NMRFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Bybit. 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: +0.185% → 0.000%
- $18.48
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $6.64
- Costs to cover
- 0.110%
- Break-even
- from the start
Slippage unknown: Bybit: live order book, 60 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 Bybit live order book, 60 min ago | 4.78 bp | 49.2 bp −$49 | 1193.2 bp −$11.9K | 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 | 9.4324 | +0.185% | $47K | $21K | 3x | |
| Binance NMRUSDT | +0.0100% | 4h | 9.4230 | +0.085% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.4150 | long leg | $615K | $201K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4150 | 0.000% | $416K | $386K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4360 | +0.223% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4240 | +0.096% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4138 | −0.013% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4170 | +0.021% | $860K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4160 | +0.011% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4147 | −0.003% | $2K | $442 | — | as long as short |
Binance NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.1453% | 1h | 9.4334 | +0.196% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD