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 22:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.001%
Price spread now: Lighter against KuCoin+0.039%7-day average · you sell dearer than you buy
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 5 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: Lighter is 0.039% dearer against KuCoin than usual: you sell high and buy low, +$4 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NMRUSDTM9.40100.0100pay 0.0050% / 4h2h 04m$282K$37K30x
ShortLighter NMR9.40470.0096get 0.0012% / 1h4m 15s$47K$21K3x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter against KuCoin. 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: +0.039% → 0.000%
$3.94
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Lighter: 0 bp × 2 orders
$0
Net
−$8.9
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 6 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 6 min ago16.99 bp209.6 bp −$210doesn't fitdoesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMRshort+0.0096%1h9.4047+0.039%$47K$21K3x
Binance NMRUSDT+0.0100%4h9.3967−0.046%$2.0M$2.1M50xas long as short
Bybit NMRUSDT+0.0100%4h9.3970−0.043%$614K$202K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.3840−0.181%$415K$385K20xas long as short
Gate NMR_USDT+0.0100%8h9.4130+0.128%$223K$74K50xas long as short
MEXC NMR_USDT+0.0100%4h9.3990−0.021%$5.0M$162K50xas long as short
KuCoin NMRUSDTMlong+0.0100%4h9.4010long leg$282K$37K30x
Bitget NMRUSDT+0.0100%4h9.4000−0.011%$858K$168K50xas long as short
BingX NMR-USDT+0.0100%4h9.3960−0.053%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.3931−0.084%$2K$442as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.1457%1h9.4094+0.089%$27K$15K10xas long as short