Funding you earn now, next payment 07:00 UTC−0.0128%/8h= −14.1% APRnext payment −$0.16 per $10,000 · paid last 24h −0.029%
Price spread now: tradeXYZ against Lighter−0.043%7-day average −0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days−0.232%−$23 on $10k
+Price spread, last 7 days−0.008%−$1 · spread now −0.043%, 7d avg −0.058%
=Together, before fees−0.240%+ Points / potential airdropLighter: Season 3 · tradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.058%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter NBIS | 231.01 | 0.0216 | pay 0.0027% / 1h | 24m 01s | $957K | $4.0M | 10x |
| Short | tradeXYZ xyz:NBIS | 230.91 | 0.0088 | get 0.0011% / 1h | 24m 01s | $54.3M | $21.0M | 10x |
Lighter NBIS
tradeXYZ xyz:NBISFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$26.96
- Price spread: −0.043% → −0.058%
- $1.47
- Slippage, 4 orders
- −$9.78
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$53.27
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Lighter: live order book, 4 min ago; tradeXYZ: live order book, 6 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 | 1.95 bp | 2.0 bp −$2 | 3.1 bp −$31 | 54.6 bp −$5,462 | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 0.87 bp | 11.4 bp −$11 | 13.5 bp −$135 | 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 | −0.0589% | 8h | 231.03 | +0.009% | $2.3M | $4.5M | 20x | as long as short |
| BloFin NBIS-USDT | −0.0005% | 8h | 230.94 | −0.030% | $204K | $205K | 20x | as long as short |
| Aster NBISUSDT | 0.0000% | 8h | 230.83 | −0.078% | $84K | $311K | 50x | as long as short |
| Extended NBIS-USD | 0.0000% | 1h | 230.93 | −0.034% | $149K | $635K | 10x | as long as short |
| Binance NBISUSDT | 0.0000% | 8h | 231.02 | +0.006% | $18.5M | $87.3M | 25x | as long as short |
| Bybit NBISUSDT | 0.0000% | 8h | 231.07 | +0.026% | $4.9M | $6.6M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 230.98 | −0.013% | $3.3M | $16.2M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 231.06 | +0.022% | $2.7M | $5.2M | 50x | as long as short |
| Variational Omni NBIS | 0.0000% | 8h | 230.85 | −0.069% | $2.8M | $601K | — | as long as short |
| GRVT NBIS_USDT_Perp | 0.0000% | 8h | 230.78 | −0.100% | $5K | $116K | 10x | as long as short |
Bitget NBISUSDT
BloFin NBIS-USDT
Aster NBISUSDT
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 | 230.95 | −0.026% | $1K | $1.6M | 10x | as long as short |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 230.80 | −0.091% | $34K | $49K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 230.98 | −0.013% | $15K | $57K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 231.04 | +0.013% | $1.6M | $964K | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 230.68 | −0.143% | $42K | $132K | 5x | as long as short |
| Vest NBIS-USD-PERP | +0.0046% | 1h | 230.85 | −0.069% | — | $221K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 230.88 | −0.056% | $137K | $473K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 230.99 | −0.009% | $102 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 230.43 | −0.251% | $151K | $548K | 10x | as long as short |
| QFEX NBIS-USD | +0.0056% | 1h | 230.91 | −0.043% | $1.5M | $3.8M | 10x | as long as short |
| Nado NBIS-PERP | +0.0068% | 1h | 230.92 | −0.041% | $38K | $115K | 3x | as long as short |
| tradeXYZ xyz:NBISshort | +0.0088% | 1h | 230.91 | −0.043% | $54.3M | $21.0M | 10x | |
| KuCoin NBISUSDTM | +0.0100% | 8h | 230.85 | −0.069% | $476K | $20K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 230.88 | −0.056% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 230.88 | −0.057% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0120% | 1h | 230.39 | −0.268% | $351K | $812K | 10x | as long as short |
| Lighter NBISlong | +0.0216% | 1h | 231.01 | long leg | $957K | $4.0M | 10x | |
| Phoenix NBIS | +0.0311% | 1h | 230.72 | −0.126% | $7K | $150K | 10x | as long as short |
| Entropy io:NBIS | +0.0361% | 1h | 230.79 | −0.095% | $10.0M | $3.1M | 10x | as long as short |
| edgeX NBISUSDC | +0.0511% | 4h | 230.68 | −0.142% | $37K | $226K | 10x | as long as short |
| Kraken Futures PF_NBISUSD | +0.0684% | 1h | 230.93 | −0.035% | $23K | $15K | 20x | as long as short |
SunX NBIS-USDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
Arcus NBIS-USD
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
QFEX NBIS-USD
Nado NBIS-PERP
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC
Kraken Futures PF_NBISUSD