Funding you earn now, next payment 01:00 UTC+0.1984%/8h= +217.3% APRnext payment +$2.48 per $10,000 · paid last 24h +2.573%
Price spread now: Kraken Futures against Lighter−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 pays, the price is against you. Kraken Futures is 0.040% cheaper against Lighter than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2 hours of funding at the current rate (+$60 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NMR | 9.4983 | 0.0120 | pay 0.0015% / 1h | 34m 44s | $47K | $20K | 3x |
| Short | Kraken Futures PF_NMRUSD | 9.4945 | 0.2104 | get 0.0263% / 1h | 34m 44s | $27K | $14K | 10x |
Lighter NMR
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Lighter. 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
- $416.71
- Price spread: −0.040% → 0.000%
- −$3.98
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $402.73
- Costs to cover
- 0.100%
- Break-even
- 0.2 days
Slippage unknown: Lighter: no order-book sample; Kraken Futures: 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 Lighter no order-book sample | — | — | — | — | — |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Lighter and Kraken Futures: 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4884 | −0.105% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4860 | −0.129% | $626K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4770 | −0.224% | $418K | $394K | 20x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4880 | −0.108% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4898 | −0.089% | $285K | $36K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4900 | −0.087% | $863K | $159K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4850 | −0.140% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4845 | −0.145% | $2K | $442 | — | as long as short |
| Lighter NMRlong | +0.0120% | 1h | 9.4983 | long leg | $47K | $20K | 3x | |
| Gate NMR_USDT | +0.0763% | 8h | 9.4900 | −0.087% | $224K | $76K | 50x | as long as short |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDshort | +0.2104% | 1h | 9.4945 | −0.040% | $27K | $14K | 10x |