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: Binance against Bybit−0.007%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1261.263% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now −0.007%, 7d avg −0.006%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NMRUSDT | 9.4350 | 0.0100 | pay 0.0050% / 4h | 1h 39m | $616K | $205K | 50x |
| Short | Binance NMRUSDT | 9.4344 | 0.0100 | get 0.0050% / 4h | 1h 39m | $2.0M | $2.1M | 50x |
Bybit NMRUSDT
Binance NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.007% → −0.006%
- −$0.03
- Slippage, 4 orders
- −$105.34
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.38
- Costs to cover
- 1.263%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 36 min ago; Binance: live order book, 10 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 Bybit live order book, 36 min ago | 5.32 bp | 53.5 bp −$53 | 278.5 bp −$2,785 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 1.06 bp | 16.2 bp −$16 | 68.6 bp −$686 | 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 | 9.4443 | +0.099% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDTshort | +0.0100% | 4h | 9.4344 | −0.007% | $2.0M | $2.1M | 50x | |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.4350 | long leg | $616K | $205K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4240 | −0.117% | $416K | $384K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4370 | +0.021% | $224K | $73K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4410 | +0.064% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4324 | −0.028% | $283K | $38K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4350 | 0.000% | $861K | $167K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4360 | +0.011% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4349 | −0.001% | $2K | $442 | — | as long as short |
Lighter NMR
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.1540% | 1h | 9.4638 | +0.305% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD