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: OKX against BingX−0.190%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$116as in the Funding arb table
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1091.092% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.219%+$22 · spread now −0.190%, 7d avg −0.047%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.143% cheaper against BingX than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of −0.047%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.4850 | 0.0100 | pay 0.0050% / 4h | 2h 09m | — | $2.4M | — |
| Short | OKX NMR-USDT-SWAP | 9.4670 | 0.0100 | get 0.0050% / 4h | 2h 09m | $420K | $390K | 20x |
BingX NMR-USDT
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.190% → −0.047%
- −$14.32
- Slippage, 4 orders
- −$89.23
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$123.55
- Costs to cover
- 1.092%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; OKX: live order book, 56 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 | 5.27 bp | 23.0 bp −$23 | 53.3 bp −$533 | 455.9 bp −$45.6K | 523.4 bp −$261.7K |
| Sell OKX live order book, 56 min ago | 4.21 bp | 31.6 bp −$32 | 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 | 9.4790 | −0.063% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4778 | −0.076% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4830 | −0.021% | $625K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.4670 | −0.190% | $420K | $390K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4880 | +0.032% | $229K | $79K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4780 | −0.074% | $5.0M | $167K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4793 | −0.060% | $281K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4850 | 0.000% | $861K | $159K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.4850 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4898 | +0.051% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
Gate NMR_USDT
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 | +0.2421% | 1h | 9.5494 | +0.678% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD