Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Binance−0.029%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$590.586% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now −0.029%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.024% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NMRUSDT | 9.4737 | 0.0100 | pay 0.0050% / 4h | 3h 32m | $2.0M | $2.2M | 50x |
| Short | MEXC NMR_USDT | 9.4710 | 0.0100 | get 0.0050% / 4h | 3h 32m | $5.0M | $156K | 50x |
Binance NMRUSDT
MEXC NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.029% → −0.005%
- −$2.41
- Slippage, 4 orders
- −$44.58
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$60.99
- Costs to cover
- 0.586%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; MEXC: live order book, 5 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, 2 min ago | 0.53 bp | 23.4 bp −$23 | 94.8 bp −$948 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 0.53 bp | 8.3 bp −$8 | 40.2 bp −$402 | 92.7 bp −$9,272 | 362.6 bp −$181.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.4811 | +0.078% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDTlong | +0.0100% | 4h | 9.4737 | long leg | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4720 | −0.018% | $621K | $208K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4650 | −0.092% | $423K | $381K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4720 | −0.018% | $228K | $65K | 50x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4710 | −0.029% | $5.0M | $156K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4659 | −0.083% | $281K | $34K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4800 | +0.066% | $868K | $131K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4660 | −0.082% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4703 | −0.036% | $2K | $463 | — | as long as short |
Lighter NMR
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2578% | 1h | 9.4917 | +0.189% | $27K | $16K | 10x | as long as short |
Kraken Futures PF_NMRUSD