Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance0.000%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$431as in the Funding arb table
Net, price: spread back to 7d avg − costs−$432as in the Price arb table
costs, in and out, $10k−$4314.307% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now 0.000%, 7d avg +0.012%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NMRUSDT | 9.4920 | 0.0100 | pay 0.0050% / 4h | 3h 40m | $2.0M | $2.2M | 50x |
| Short | KuCoin NMRUSDTM | 9.4920 | 0.0100 | get 0.0050% / 4h | 3h 40m | $285K | $37K | 30x |
Binance NMRUSDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- $0
- Price spread: 0.000% → +0.012%
- −$1.2
- Slippage, 4 orders
- −$408.66
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$431.86
- Costs to cover
- 4.307%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 10 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 Binance live order book, 9 min ago | 1.05 bp | 20.4 bp −$20 | 100.1 bp −$1,001 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 13.71 bp | 162.4 bp −$162 | doesn't fit | doesn't fit | doesn't fit |
NMR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDTlong | +0.0100% | 4h | 9.4920 | long leg | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4950 | +0.032% | $626K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4830 | −0.095% | $419K | $396K | 20x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4920 | 0.000% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4920 | 0.000% | $285K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4950 | +0.032% | $863K | $160K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4890 | −0.032% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4920 | 0.000% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0152% | 1h | 9.5034 | +0.120% | $47K | $20K | 3x | as long as short |
| Gate NMR_USDT | +0.0996% | 8h | 9.4950 | +0.032% | $224K | $76K | 50x | as long as short |
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2099% | 1h | 9.5183 | +0.278% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD