Funding you earn now, next payment 06:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.055%
Price spread now: Aster against Lighter+0.020%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1211.208% of the position
Funding, last 7 days−0.421%−$42 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.020%, 7d avg −0.057%
=Together, before fees−0.453%+ Points / potential airdropLighter: Season 3 · Aster: Stage 5 · farm board−$45 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Aster is 0.077% dearer against Lighter than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.057%): +$8 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 232.34 | 0.0360 | pay 0.0045% / 1h | 48m 10s | $930K | $3.9M | 10x |
| Short | Aster NBISUSDT | 232.39 | 0 | get 0.0000% / 8h | 2h 48m | $83K | $310K | 50x |
Lighter NBIS
Aster NBISUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$75.6
- Price spread: +0.020% → −0.057%
- $7.7
- Slippage, 4 orders
- −$112.81
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$188.71
- Costs to cover
- 1.208%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; Aster: live order book, 64 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 Lighter live order book, 4 min ago | 1.07 bp | 1.6 bp −$2 | 3.5 bp −$35 | 51.5 bp −$5,154 | doesn't fit |
| Sell Aster live order book, 64 min ago | 18.55 bp | 27.2 bp −$27 | 1051.7 bp −$10.5K | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NBISUSDT | −0.0075% | 8h | 232.40 | +0.026% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0019% | 8h | 232.57 | +0.099% | $205K | $205K | 20x | as long as short |
| Aster NBISUSDTshort | 0.0000% | 8h | 232.39 | +0.020% | $83K | $310K | 50x | |
| Extended NBIS-USD | 0.0000% | 1h | 232.34 | −0.001% | $145K | $753K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 232.25 | −0.039% | $18.8M | $85.6M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 232.28 | −0.026% | $4.9M | $6.4M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 232.17 | −0.073% | $3.3M | $16.0M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 232.45 | +0.047% | $2.7M | $5.0M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 232.77 | +0.187% | $2.9M | $555K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 232.78 | +0.190% | $5K | $118K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Extended NBIS-USD
Binance NBISUSDT
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Variational Omni NBIS
GRVT NBIS_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX NBIS-USDT | 0.0000% | 8h | 232.75 | +0.176% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 232.33 | −0.004% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 232.96 | +0.267% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 232.39 | +0.022% | $1.6M | $956K | 10x | as long as short |
| QFEX NBIS-USD | +0.0029% | 1h | 232.44 | +0.043% | $1.5M | $3.9M | 10x | as long as short |
| Nado NBIS-PERP | +0.0030% | 1h | 232.23 | −0.046% | $38K | $115K | 3x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 232.41 | +0.030% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 232.37 | +0.013% | — | $217K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 232.36 | +0.009% | $143K | $459K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 232.35 | +0.004% | $98 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 232.76 | +0.181% | $161K | $507K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0082% | 1h | 232.13 | −0.090% | $54.1M | $20.2M | 10x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 232.30 | −0.017% | $478K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 232.36 | +0.009% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 232.30 | −0.017% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0168% | 1h | 232.30 | −0.017% | $361K | $771K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0222% | 1h | 232.29 | −0.021% | $23K | $15K | 20x | as long as short |
| Phoenix NBIS | +0.0242% | 1h | 232.60 | +0.112% | $7K | $150K | 10x | as long as short |
| Lighter NBISlong | +0.0360% | 1h | 232.34 | long leg | $930K | $3.9M | 10x | |
| Entropy io:NBIS | +0.0486% | 1h | 232.41 | +0.030% | $10.1M | $3.2M | 10x | as long as short |
| edgeX NBISUSDC | +0.0915% | 4h | 232.68 | +0.148% | $37K | $226K | 10x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Nado NBIS-PERP
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
tradeXYZ xyz:NBIS
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Kraken Futures PF_NBISUSD
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC