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 BingX+0.031%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$472as in the Funding arb table
Net, price: spread back to 7d avg − costs−$470as in the Price arb table
costs, in and out, $10k−$4714.715% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.031%, 7d avg +0.018%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.4720 | 0.0100 | pay 0.0050% / 4h | 2h 31m | — | $2.4M | — |
| Short | KuCoin NMRUSDTM | 9.4749 | 0.0100 | get 0.0050% / 4h | 2h 31m | $281K | $37K | 30x |
BingX NMR-USDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.031% → +0.018%
- $1.31
- Slippage, 4 orders
- −$449.45
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$470.14
- Costs to cover
- 4.715%
- Break-even
- never at this rate
Slippage from BingX: live order book, 8 min ago; KuCoin: live order book, 4 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, 8 min ago | 5.29 bp | 20.4 bp −$20 | 51.4 bp −$514 | 444.8 bp −$44.5K | 506.4 bp −$253.2K |
| Sell KuCoin live order book, 4 min ago | 10.56 bp | 200.7 bp −$201 | 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 | 9.4741 | +0.022% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4730 | +0.011% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4730 | +0.011% | $623K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4560 | −0.169% | $419K | $393K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4810 | +0.095% | $229K | $79K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4740 | +0.021% | $5.0M | $165K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4749 | +0.031% | $281K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4640 | −0.084% | $858K | $164K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.4720 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4810 | +0.095% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
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 | +0.2435% | 1h | 9.4955 | +0.248% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD