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 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bitget+0.118%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$453as in the Funding arb table
Net, price: spread back to 7d avg − costs−$440as in the Price arb table
costs, in and out, $10k−$4534.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.005%$0 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.118%, 7d avg −0.006%
Together, before fees−0.058%−$6 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: KuCoin is 0.125% dearer against Bitget than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.45800.0100pay 0.0050% / 4h34m 59s$863K$168K50x
ShortKuCoin NMRUSDTM9.46920.0100get 0.0050% / 4h34m 59s$284K$37K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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: +0.118% → −0.006%
$12.49
Slippage, 4 orders
−$428.95
Fee Bitget: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$440.46
Costs to cover
4.529%
Break-even
never at this rate
Slippage from Bitget: live order book, 41 min ago; KuCoin: live order book, 26 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, 41 min ago2.12 bp22.1 bp −$2296.8 bp −$968doesn't fitdoesn't fit
Sell KuCoin live order book, 26 min ago22.19 bp159.3 bp −$159doesn'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
Binance NMRUSDT+0.0100%4h9.4515−0.068%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4510−0.074%$623K$211K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4620+0.042%$419K$395K20xas long as short
Gate NMR_USDT+0.0100%8h9.4690+0.116%$225K$74K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4560−0.021%$5.0M$158K50xas long as short
KuCoin NMRUSDTMshort+0.0100%4h9.4692+0.118%$284K$37K30x
Bitget NMRUSDTlong+0.0100%4h9.4580long leg$863K$168K50x
BingX NMR-USDT+0.0100%4h9.4560−0.021%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4539−0.043%$2K$442as long as short
Lighter NMR+0.0184%1h9.4641+0.064%$47K$20K3xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2294%1h9.4694+0.120%$27K$13K10xas long as short