Spread before costs (cost unknown: a leg has no order-book sample)−0.084%
7d average—if it closes, per $10,000$8funding while held, a day+$0.12
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NMR | 9.3659 | 0.0096 | pay 0.0012% / 1h | 59m 23s | $47K | $21K | 3x |
| Short | Bybit NMRUSDT | 9.3580 | 0.0100 | get 0.0050% / 4h | 1h 59m | $608K | $200K | 50x |
Lighter NMR
Bybit NMRUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$8.43
- Funding while held
- $0.12
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$19.31
- Spread needed to break even
- 0.110%
Slippage unknown: Lighter: no order-book sample; Bybit: live order book, 32 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0004%
- Per $10,000 a day
- +$0.12
- Average in range /8h
- —
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 no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 32 min ago | 4.79 bp | 48.0 bp −$48 | 216.9 bp −$2,169 | doesn't fit | doesn'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 price on every exchange
against the cheapest. Click to use as the short leg.
KuCoin
OKX
BingX
Bitget
Binance
Variational Omni
MEXC
Gate
Kraken FuturesNMR on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| KuCoin NMRUSDTM | −0.247% | +0.0100% | 4h | $260K | $32K | 30x | as long as short |
| OKX NMR-USDT-SWAP | −0.148% | +0.0100% | 4h | $410K | $372K | 20x | as long as short |
| BingX NMR-USDT | −0.138% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Bybit NMRUSDTshort | −0.084% | +0.0100% | 4h | $608K | $200K | 50x | |
| Bitget NMRUSDT | −0.084% | +0.0100% | 4h | $854K | $159K | 50x | as long as short |
| Binance NMRUSDT | −0.076% | +0.0100% | 4h | $2.0M | $2.0M | 50x | as long as short |
| Variational Omni NMR | −0.070% | +0.0100% | 4h | $2K | $441 | — | as long as short |
| MEXC NMR_USDT | −0.063% | +0.0100% | 4h | $5.0M | $161K | 50x | as long as short |
| Lighter NMRlong | 0.000% | +0.0096% | 1h | $47K | $21K | 3x | |
| Gate NMR_USDT | +0.022% | +0.0100% | 8h | $218K | $74K | 50x | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.927% | +0.9507% | 1h | $26K | $15K | 10x | as long as short |