Settings8H · net · $10k
Funding arb · Price arb /

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h +0.001%
Price spread now: Bitget against Lighter+0.015%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
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter NMR9.48160.0104pay 0.0013% / 1h2m 40s$47K$20K3x
ShortBitget NMRUSDT9.48300.0100get 0.0050% / 4h2m 40s$865K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.015% → 0.000%
$1.48
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$11.36
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Lighter: no order-book sample; Bitget: live order book, 8 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 Bitget live order book, 8 min ago3.70 bp20.6 bp −$2166.5 bp −$665doesn'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
Binance NMRUSDT+0.0100%4h9.4819+0.003%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4760−0.059%$625K$210K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4660−0.165%$418K$392K20xas long as short
MEXC NMR_USDT+0.0100%4h9.4820+0.004%$5.0M$161K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4737−0.083%$284K$37K30xas long as short
Bitget NMRUSDTshort+0.0100%4h9.4830+0.015%$865K$160K50x
BingX NMR-USDT+0.0100%4h9.4750−0.070%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4617−0.210%$2K$442as long as short
Lighter NMRlong+0.0104%1h9.4816long leg$47K$20K3x
Gate NMR_USDT+0.0112%8h9.4830+0.015%$226K$75K50xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2294%1h9.4688−0.135%$27K$13K10xas long as short