Funding you earn now, next payment 05:00 UTC+0.0224%/8h= +24.5% APRpaid last 24h +0.036%
Price spread now: Lighter against Gate+0.069%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs+$9as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$320.321% of the position
Funding, last 7 days+0.410%+$41 on $10k
+Price spread, last 7 days−0.065%−$6 · spread now +0.069%, 7d avg +0.004%
=Together, before fees+0.345%+ Points / potential airdropLighter: Season 3 · farm board+$34 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Lighter is 0.064% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NBIS_USDT | 233.24 | 0 | get 0.0000% / 8h | 3h 15m | $2.7M | $5.1M | 50x |
| Short | Lighter NBIS | 233.40 | 0.0224 | get 0.0028% / 1h | 15m 18s | $925K | $4.0M | 10x |
Gate NBIS_USDT
Lighter NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Gate. 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
- $47.04
- Price spread: +0.069% → +0.004%
- $6.44
- Slippage, 4 orders
- −$17.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $21.36
- Costs to cover
- 0.321%
- Break-even
- 3.8 days
Slippage from Gate: live order book, 3 min ago; Lighter: live order book, 2 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 Gate live order book, 3 min ago | 2.79 bp | 11.9 bp −$12 | 26.2 bp −$262 | 53.2 bp −$5,323 | doesn't fit |
| Sell Lighter live order book, 2 min ago | 0.43 bp | 0.6 bp −$1 | 2.8 bp −$28 | 80.8 bp −$8,081 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NBISUSDT | 0.0000% | 8h | 233.35 | +0.047% | $78K | $310K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 233.18 | −0.028% | $146K | $640K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 233.30 | +0.026% | $19.1M | $85.1M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 233.32 | +0.034% | $5.0M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.27 | +0.013% | $3.4M | $16.1M | 25x | as long as short |
| Gate NBIS_USDTlong | 0.0000% | 8h | 233.24 | long leg | $2.7M | $5.1M | 50x | |
| Bitget NBISUSDT | 0.0000% | 8h | 233.25 | +0.004% | $2.3M | $4.5M | 20x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 233.10 | −0.058% | $2.9M | $552K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.98 | −0.113% | $5K | $120K | 10x | as long as short |
| SunX NBIS-USDT | 0.0000% | 8h | 233.31 | +0.030% | $1K | $1.6M | 10x | as long as short |
Aster NBISUSDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Bitget NBISUSDT
Variational Omni NBIS
GRVT NBIS_USDT_Perp
SunX NBIS-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NBIS-USDT | 0.0000% | 8h | 233.51 | +0.116% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.35 | +0.047% | $1.6M | $954K | 10x | as long as short |
| Nado NBIS-PERP | +0.0020% | 1h | 233.11 | −0.054% | $38K | $115K | 3x | as long as short |
| BloFin NBIS-USDT | +0.0030% | 8h | 233.30 | +0.026% | $206K | $205K | 20x | as long as short |
| QFEX NBIS-USD | +0.0034% | 1h | 233.21 | −0.013% | $1.5M | $4.0M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.98 | −0.111% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.38 | +0.060% | — | $216K | 5x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0049% | 1h | 233.26 | +0.008% | $23K | $15K | 20x | as long as short |
| tradeXYZ xyz:NBIS | +0.0050% | 1h | 233.30 | +0.026% | $54.4M | $20.1M | 10x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.23 | −0.004% | $147K | $456K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.19 | −0.021% | $107 | $21K | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | +0.0050% | 1h | 233.25 | +0.004% | $35K | $49K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.01 | −0.099% | $160K | $500K | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.14 | −0.043% | $481K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.24 | 0.000% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.17 | −0.028% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0104% | 1h | 232.88 | −0.154% | $361K | $767K | 10x | as long as short |
| edgeX NBISUSDC | +0.0114% | 4h | 232.90 | −0.144% | $37K | $227K | 10x | as long as short |
| Lighter NBISshort | +0.0224% | 1h | 233.40 | +0.069% | $925K | $4.0M | 10x | |
| Phoenix NBIS | +0.0239% | 1h | 232.87 | −0.159% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0296% | 1h | 233.14 | −0.043% | $10.1M | $3.2M | 10x | as long as short |
HTX NBIS-USDT
Phemex NBISUSDT
Nado NBIS-PERP
BloFin NBIS-USDT
QFEX NBIS-USD
Arcus NBIS-USD
Vest NBIS-USD-PERP
Kraken Futures PF_NBISUSD
tradeXYZ xyz:NBIS
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Deribit NBIS_USDC-PERPETUAL
Ondo Perps NBIS-USD.P
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
edgeX NBISUSDC
Phoenix NBIS
Entropy io:NBIS