Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: BingX against Gate+0.021%7-day average −0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1391.389% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.099%−$10 · spread now +0.021%, 7d avg −0.076%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.097% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.076%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4690 | 0.0100 | pay 0.0100% / 8h | 6h 52m | $229K | $79K | 50x |
| Short | BingX NMR-USDT | 9.4710 | 0.0100 | get 0.0050% / 4h | 2h 52m | — | $2.4M | — |
Gate NMR_USDT
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Gate. 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: +0.021% → −0.076%
- $9.74
- Slippage, 4 orders
- −$113.94
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$129.2
- Costs to cover
- 1.389%
- Break-even
- never at this rate
Slippage from Gate: live order book, 9 min ago; BingX: live order book, 11 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 Gate live order book, 9 min ago | 4.22 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 11 min ago | 5.26 bp | 22.8 bp −$23 | 50.0 bp −$500 | 422.9 bp −$42.3K | 497.3 bp −$248.7K |
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 | 9.4732 | +0.044% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4846 | +0.164% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4790 | +0.106% | $624K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4620 | −0.074% | $419K | $396K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4690 | long leg | $229K | $79K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4840 | +0.158% | $5.0M | $164K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4665 | −0.026% | $281K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4660 | −0.032% | $858K | $164K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.4710 | +0.021% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4475 | −0.227% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2427% | 1h | 9.5254 | +0.596% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD