NBIS

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0228%/8h= −25.0% APRnext payment −$0.29 per $10,000 · paid last 24h −0.070%

Price spread now: SoDEX against Lighter−0.030%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Lighter Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.030% cheaper against Lighter than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Lighter NBIS	231.43	0.0344	pay 0.0043% / 1h	32m 41s	$933K	$4.0M	10x
Short	SoDEX NBIS-USD	231.36	0.0116	get 0.0014% / 1h	32m 41s	$97	$20K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Lighter. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee LighterbpFee SoDEXbpOrdersPrice spread, now −0.030%Rate

Funding earned: −$47.9
Price spread: −0.030% → 0.000%: −$3.02
Slippage, 4 orders: no order book: not counted
Fee Lighter: 0 bp × 2 orders: $0
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$58.93
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Lighter: live order book, 5 min ago; SoDEX: 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 live order book, 5 min ago	0.65 bp	0.8 bp −$1	2.6 bp −$26	54.2 bp −$5,424	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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.

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	−0.0426%	8h	231.44	+0.004%	$2.3M	$4.6M	20x	as long as short
Aster NBISUSDT	0.0000%	8h	231.39	−0.018%	$84K	$311K	50x	as long as short
Extended NBIS-USD	0.0000%	1h	231.40	−0.013%	$148K	$876K	10x	as long as short
Binance NBISUSDT	0.0000%	8h	231.47	+0.016%	$18.7M	$87.8M	25x	as long as short
Bybit NBISUSDT	0.0000%	8h	231.35	−0.035%	$4.9M	$6.8M	50x	as long as short
OKX NBIS-USDT-SWAP	0.0000%	8h	231.35	−0.035%	$3.3M	$16.0M	25x	as long as short
Gate NBIS_USDT	0.0000%	8h	231.42	−0.004%	$2.7M	$5.2M	50x	as long as short
Variational Omni NBIS	0.0000%	8h	231.17	−0.112%	$2.8M	$594K	—	as long as short
GRVT NBIS_USDT_Perp	0.0000%	8h	231.32	−0.048%	$4K	$116K	10x	as long as short
SunX NBIS-USDT	0.0000%	8h	231.36	−0.030%	$1K	$1.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NBIS-USDT	0.0000%	8h	231.45	+0.009%	$15K	$57K	20x	as long as short
Phemex NBISUSDT	0.0000%	8h	231.36	−0.030%	$1.6M	$969K	10x	as long as short
BloFin NBIS-USDT	+0.0011%	8h	231.41	−0.009%	$204K	$209K	20x	as long as short
Arcus NBIS-USD	+0.0040%	1h	231.19	−0.104%	$42K	$131K	5x	as long as short
QFEX NBIS-USD	+0.0041%	1h	231.49	+0.026%	$1.5M	$3.8M	10x	as long as short
Vest NBIS-USD-PERP	+0.0046%	1h	231.30	−0.056%	—	$222K	5x	as long as short
Polymarket Perps NBIS-USD	+0.0050%	1h	231.36	−0.030%	$137K	$473K	10x	as long as short
Ondo Perps NBIS-USD.P	+0.0050%	1h	231.25	−0.078%	$150K	$543K	10x	as long as short
Coinbase International NBIS-PERP-INTX	+0.0056%	1h	230.39	−0.449%	$353K	$805K	10x	as long as short
KuCoin NBISUSDTM	+0.0100%	8h	231.21	−0.095%	$477K	$20K	20x	as long as short
Orderly PERP_NBIS_USDC_mythos	+0.0100%	8h	231.43	0.000%	$2K	$3K	10x	as long as short
Aevo NBIS-PERP	+0.0104%	1h	231.32	−0.045%	—	—	10x	as long as short
SoDEX NBIS-USDshort	+0.0116%	1h	231.36	−0.030%	$97	$20K	10x
tradeXYZ xyz:NBIS	+0.0149%	1h	231.28	−0.065%	$54.3M	$21.1M	10x	as long as short
Nado NBIS-PERP	+0.0173%	1h	231.14	−0.124%	$38K	$116K	3x	as long as short
Phoenix NBIS	+0.0312%	1h	231.13	−0.130%	$7K	$125K	10x	as long as short
edgeX NBISUSDC	+0.0332%	4h	231.30	−0.058%	$37K	$227K	10x	as long as short
Lighter NBISlong	+0.0344%	1h	231.43	long leg	$933K	$4.0M	10x
Entropy io:NBIS	+0.0440%	1h	231.25	−0.078%	$10.1M	$3.1M	10x	as long as short
Deribit NBIS_USDC-PERPETUAL	+0.0442%	1h	231.36	−0.030%	$34K	$49K	10x	as long as short
Kraken Futures PF_NBISUSD	+0.0540%	1h	231.37	−0.025%	$23K	$15K	20x	as long as short