Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bybit−0.094%7-day average −0.061% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$142as in the Price arb table
costs, in and out, $10k−$1381.383% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.078%+$8 · spread now −0.094%, 7d avg −0.061%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.033% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.061%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NMRUSDT | 9.5240 | 0.0100 | pay 0.0050% / 4h | 14m 44s | $622K | $216K | 50x |
| Short | OKX NMR-USDT-SWAP | 9.5150 | 0.0100 | get 0.0050% / 4h | 14m 44s | $433K | $399K | 20x |
Bybit NMRUSDT
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.094% → −0.061%
- −$3.34
- Slippage, 4 orders
- −$117.3
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$141.65
- Costs to cover
- 1.383%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 15 min ago; OKX: live order book, 21 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, 15 min ago | 3.68 bp | 46.2 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 21 min ago | 3.68 bp | 26.4 bp −$26 | 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 | 9.5332 | +0.097% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.5291 | +0.054% | $2.0M | $2.3M | 50x | as long as short |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.5240 | long leg | $622K | $216K | 50x | |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.5150 | −0.094% | $433K | $399K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.5270 | +0.031% | $230K | $62K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5280 | +0.042% | $5.1M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.5140 | −0.105% | $282K | $33K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5150 | −0.094% | $868K | $131K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5260 | +0.021% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5245 | +0.005% | $2K | $463 | — | as long as short |
Lighter NMR
Binance NMRUSDT
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 | +0.1077% | 1h | 9.5342 | +0.108% | $28K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD