Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against BingX+0.053%7-day average +0.075% · you sell dearer than you buy
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.376% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.074%+$7 · spread now +0.053%, 7d avg +0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.022% cheaper against BingX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.4260 | 0.0100 | pay 0.0050% / 4h | 1h 24m | — | $2.4M | — |
| Short | Gate NMR_USDT | 9.4310 | 0.0100 | get 0.0100% / 8h | 1h 24m | $224K | $74K | 50x |
BingX NMR-USDT
Gate NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against BingX. 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: +0.053% → +0.075%
- −$2.22
- Slippage, 4 orders
- −$112.6
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$139.82
- Costs to cover
- 1.376%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; Gate: live order book, 52 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 BingX live order book, 9 min ago | 5.83 bp | 20.6 bp −$21 | 61.1 bp −$611 | 446.3 bp −$44.6K | 494.2 bp −$247.1K |
| Sell Gate live order book, 52 min ago | 9.55 bp | 41.3 bp −$41 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.4403 | +0.152% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4420 | +0.170% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4300 | +0.042% | $617K | $206K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4340 | +0.085% | $415K | $388K | 20x | as long as short |
| Gate NMR_USDTshort | +0.0100% | 8h | 9.4310 | +0.053% | $224K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4390 | +0.138% | $5.0M | $162K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4290 | +0.032% | $283K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4390 | +0.138% | $862K | $167K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.4260 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4273 | +0.014% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.1538% | 1h | 9.4758 | +0.528% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD