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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NMRUSDT | 9.4580 | 0.0100 | pay 0.0050% / 4h | 34m 59s | $863K | $168K | 50x |
| Short | KuCoin NMRUSDTM | 9.4692 | 0.0100 | get 0.0050% / 4h | 34m 59s | $284K | $37K | 30x |
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 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: +0.118% → −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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 41 min ago | 2.12 bp | 22.1 bp −$22 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 22.19 bp | 159.3 bp −$159 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4515 | −0.068% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4510 | −0.074% | $623K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4620 | +0.042% | $419K | $395K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4690 | +0.116% | $225K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4560 | −0.021% | $5.0M | $158K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4692 | +0.118% | $284K | $37K | 30x | |
| Bitget NMRUSDTlong | +0.0100% | 4h | 9.4580 | long leg | $863K | $168K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4560 | −0.021% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4539 | −0.043% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0184% | 1h | 9.4641 | +0.064% | $47K | $20K | 3x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2294% | 1h | 9.4694 | +0.120% | $27K | $13K | 10x | as long as short |
Bitget NMRUSDT
KuCoin NMRUSDTM
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMR
Kraken Futures PF_NMRUSD