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% APRpaid last 24h 0.000%
Price spread now: Gate against Bybit+0.138%7-day average +0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$171as in the Price arb table
costs, in and out, $10k−$1781.782% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.138%, 7d avg +0.064%
Together, before fees−0.192%−$19 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 0.074% dearer against Bybit than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.064%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit NMRUSDT9.42300.0100pay 0.0050% / 4h2h 18m$615K$201K50x
ShortGate NMR_USDT9.43600.0100get 0.0100% / 8h2h 18m$223K$74K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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: +0.138% → +0.064%
$7.37
Slippage, 4 orders
−$152.23
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$170.86
Costs to cover
1.782%
Break-even
never at this rate
Slippage from Bybit: live order book, 65 min ago; Gate: live order book, 65 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 Bybit live order book, 65 min ago4.78 bp49.2 bp −$491193.2 bp −$11.9Kdoesn't fitdoesn't fit
Sell Gate live order book, 65 min ago12.22 bp45.6 bp −$46doesn'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%1h9.4298+0.072%$47K$21K3xas long as short
Binance NMRUSDT+0.0100%4h9.4215−0.016%$2.0M$2.1M50xas long as short
Bybit NMRUSDTlong+0.0100%4h9.4230long leg$615K$201K50x
OKX NMR-USDT-SWAP+0.0100%4h9.4150−0.085%$416K$386K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.4360+0.138%$223K$74K50x
MEXC NMR_USDT+0.0100%4h9.42300.000%$5.0M$161K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4195−0.037%$282K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4190−0.042%$860K$168K50xas long as short
BingX NMR-USDT+0.0100%4h9.4260+0.032%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4150−0.085%$2K$442as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.1453%1h9.4318+0.093%$27K$15K10xas long as short