NMR funding rates

NMR perpetual funding is currently quoted across 4 venues, ranging from -37.6% to +10.9% APR. The most reliable delta-neutral pairing for NMR right now is long Kraken / short Lighter at +36.3% net APR (high risk, ~0.8d to break even).

as of 2026-06-12 15:55 UTC
Best delta-neutral pairing
Long Kraken / Short Lighter
+36.3% net APR
Backtested (30d)
+45.8%
Stability
74.1%
Risk
high
Breakeven
~0.8d

Ranked by 30-day reliability (backtest × stability × risk) — the spread that holds, not just the widest current rate.

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NMR funding by exchange

ExchangeFunding APR
dYdX+10.95%
Variational+10.95%
Lighter+10.51%
Kraken-37.59%

Frequently asked

What is the NMR funding rate right now?

NMR perpetual funding ranges from -37.59% to 10.95% APR across 4 exchanges we track; the widest delta-neutral spread is long Kraken / short Lighter at 36.3% net APR.

Which exchange has the highest NMR funding rate?

dYdX currently has the highest at 10.95% APR. See the full ranking above.