Funding you earn now, next payment 22:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h +0.001%
Price spread now: KuCoin against Lighter−0.077%7-day average — · you buy dearer than you sell
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: KuCoin is 0.077% cheaper against Lighter than usual: you would sell low and buy high, −$8 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 | Lighter NMR | 9.4047 | 0.0096 | pay 0.0012% / 1h | 3m 46s | $47K | $21K | 3x |
| Short | KuCoin NMRUSDTM | 9.3975 | 0.0100 | get 0.0050% / 4h | 2h 03m | $282K | $37K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $0.84
- Price spread: −0.077% → 0.000%
- −$7.66
- Slippage, 4 orders
- no order book: not counted
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$18.82
- Costs to cover
- 0.120%
- Break-even
- 163.8 days
Slippage unknown: Lighter: no order-book sample; KuCoin: live order book, 7 min ago. 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 KuCoin live order book, 7 min ago | 16.99 bp | 188.0 bp −$188 | doesn't fit | 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 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 NMRlong | +0.0096% | 1h | 9.4047 | long leg | $47K | $21K | 3x | |
| Binance NMRUSDT | +0.0100% | 4h | 9.3965 | −0.087% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.3970 | −0.082% | $614K | $202K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3840 | −0.220% | $415K | $385K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4110 | +0.067% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.3960 | −0.093% | $5.0M | $162K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.3975 | −0.077% | $282K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4000 | −0.050% | $858K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.3970 | −0.082% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.3931 | −0.124% | $2K | $442 | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.1457% | 1h | 9.4094 | +0.050% | $27K | $15K | 10x | as long as short |
Lighter NMR
KuCoin NMRUSDTM
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD