Settings8H · net · $10k
Funding arb · Price arb /

NMR

all NMR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against Bitget+0.084%7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)−0.019%−$2 · spread now +0.084%, 7d avg +0.052%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.033% dearer against Bitget than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.052%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.46900.0100pay 0.0050% / 4h58m 33s$866K$139K50x
ShortGate NMR_USDT9.47700.0100get 0.0100% / 8h4h 58m$228K$74K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.084% → +0.052%
$3.26
Slippage, 4 orders
−$102.44
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$126.18
Costs to cover
1.294%
Break-even
never at this rate
Slippage from Bitget: live order book, 62 min ago; Gate: live order book, 58 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 62 min ago5.26 bp22.5 bp −$2371.8 bp −$718doesn't fitdoesn't fit
Sell Gate live order book, 58 min ago6.30 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMR+0.0096%1h9.4748+0.061%$47K$19K3xas long as short
Binance NMRUSDT+0.0100%4h9.4740+0.052%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4720+0.032%$625K$205K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4500−0.201%$420K$383K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.4770+0.084%$228K$74K50x
MEXC NMR_USDT+0.0100%4h9.4720+0.032%$5.0M$161K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4663−0.029%$281K$35K30xas long as short
Bitget NMRUSDTlong+0.0100%4h9.4690long leg$866K$139K50x
BingX NMR-USDT+0.0100%4h9.4670−0.021%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4761+0.075%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.0674%1h9.5332+0.678%$27K$16K10xas long as short