Funding you earn now, next payment 05:00 UTC+0.0226%/8h= +24.7% APRpaid last 24h +0.067%
Price spread now: Lighter against BloFin+0.039%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$200.203% of the position
Funding, last 7 days+0.423%+$42 on $10k
+Price spread, last 4 days (all we have)+0.090%+$9 · spread now +0.039%, 7d avg +0.043%
=Together, before fees+0.513%+ Points / potential airdropLighter: Season 3 · farm board+$51 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: +$7 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin NBIS-USDT | 233.67 | −0.0010 | get 0.0010% / 8h | 3h 40m | $206K | $205K | 20x |
| Short | Lighter NBIS | 233.76 | 0.0216 | get 0.0027% / 1h | 40m 31s | $912K | $3.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against BloFin. 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
- $47.43
- Price spread: +0.039% → +0.043%
- −$0.42
- Slippage, 4 orders
- −$8.31
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $26.7
- Costs to cover
- 0.203%
- Break-even
- 3.1 days
Slippage from BloFin: live order book, 50 min ago; Lighter: live order book, 7 min ago.
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 BloFin live order book, 50 min ago | 0.85 bp | 9.9 bp −$10 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 7 min ago | 0.43 bp | 1.0 bp −$1 | 2.7 bp −$27 | 67.4 bp −$6,737 | doesn't fit |
NBIS on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin NBIS-USDTlong | −0.0010% | 8h | 233.67 | long leg | $206K | $205K | 20x | |
| Aster NBISUSDT | 0.0000% | 8h | 233.93 | +0.110% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.63 | −0.016% | $147K | $699K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.72 | +0.020% | $19.2M | $84.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.72 | +0.021% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.55 | −0.051% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.73 | +0.026% | $2.7M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.68 | +0.004% | $2.4M | $4.4M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.67 | +0.002% | $2.9M | $556K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 234.45 | +0.333% | $4K | $120K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 233.70 | +0.013% | $848 | $1.7M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.59 | −0.034% | $35K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 234.10 | +0.184% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.74 | +0.030% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0028% | 1h | 233.62 | −0.023% | $38K | $115K | 3x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.81 | +0.060% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.87 | +0.086% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.99 | +0.137% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.57 | −0.044% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.67 | 0.000% | $54.5M | $20.0M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.68 | +0.004% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.73 | +0.026% | $79 | $21K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.98 | +0.133% | $160K | $502K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.68 | +0.004% | $481K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.70 | +0.013% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.65 | −0.009% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 235.56 | +0.809% | $389K | $724K | 10x | as long as short |
| Lighter NBISshort | +0.0216% | 1h | 233.76 | +0.039% | $912K | $3.9M | 10x | |
| Phoenix NBIS | +0.0239% | 1h | 234.36 | +0.295% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0299% | 1h | 233.88 | +0.090% | $10.2M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0607% | 4h | 234.16 | +0.208% | $38K | $225K | 10x | as long as short |
BloFin NBIS-USDT
Lighter NBIS
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
KuCoin NBISUSDTM
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
edgeX NBISUSDC