Funding you earn now, next payment 01:00 UTC+0.2003%/8h= +219.3% APRpaid last 24h +2.571%
Price spread now: Kraken Futures against Bitget−0.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Kraken Futures is 0.122% cheaper against Bitget than usual: you would sell low and buy high (spread −0.122% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 5 hours of funding at the current rate (+$60 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NMRUSDT | 9.5140 | 0.0100 | pay 0.0050% / 4h | 3h 21m | $863K | $162K | 50x |
| Short | Kraken Futures PF_NMRUSD | 9.5024 | 0.2103 | get 0.0263% / 1h | 21m 06s | $27K | $14K | 10x |
Bitget NMRUSDT
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against Bitget. 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
- $420.55
- Price spread: −0.122% → 0.000%
- −$12.19
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $386.35
- Costs to cover
- 0.220%
- Break-even
- 0.6 days
Slippage unknown: Bitget: live order book, 50 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 Bitget live order book, 50 min ago | 3.70 bp | 22.2 bp −$22 | 100.5 bp −$1,005 | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 9.5053 | −0.091% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.5060 | −0.084% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5040 | −0.105% | $627K | $212K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5030 | −0.116% | $420K | $395K | 20x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5030 | −0.116% | $5.0M | $164K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.5090 | −0.053% | $286K | $36K | 30x | as long as short |
| Bitget NMRUSDTlong | +0.0100% | 4h | 9.5140 | long leg | $863K | $162K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.5040 | −0.105% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5029 | −0.116% | $2K | $442 | — | as long as short |
| Gate NMR_USDT | +0.0401% | 8h | 9.5130 | −0.011% | $225K | $76K | 50x | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
BingX NMR-USDT
Variational Omni NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDshort | +0.2103% | 1h | 9.5024 | −0.122% | $27K | $14K | 10x |