Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Bybit−0.011%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$455as in the Funding arb table
Net, price: spread back to 7d avg − costs−$456as in the Price arb table
costs, in and out, $10k−$4554.547% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.011%, 7d avg +0.008%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NMRUSDT | 9.5160 | 0.0100 | pay 0.0050% / 4h | 1h 16m | $628K | $205K | 50x |
| Short | KuCoin NMRUSDTM | 9.5150 | 0.0100 | get 0.0050% / 4h | 1h 16m | $282K | $35K | 30x |
Bybit NMRUSDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.011% → +0.008%
- −$1.84
- Slippage, 4 orders
- −$431.65
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$456.49
- Costs to cover
- 4.547%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 39 min ago; KuCoin: live order book, 5 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, 39 min ago | 3.69 bp | 42.9 bp −$43 | 219.1 bp −$2,191 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 16.26 bp | 190.0 bp −$190 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.5155 | −0.005% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.5160 | 0.000% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.5160 | long leg | $628K | $205K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5060 | −0.105% | $423K | $387K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.5210 | +0.053% | $229K | $78K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5160 | 0.000% | $5.0M | $164K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.5150 | −0.011% | $282K | $35K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5210 | +0.053% | $871K | $147K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5130 | −0.032% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5272 | +0.118% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
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 | +0.2600% | 1h | 9.5244 | +0.088% | $27K | $16K | 10x | as long as short |
Kraken Futures PF_NMRUSD