Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: Bitget against Gate−0.084%7-day average −0.052% · you buy dearer than you sell
Net, funding: paid 7d − costs−$130as in the Funding arb table
Net, price: spread back to 7d avg − costs−$133as in the Price arb table
costs, in and out, $10k−$1291.294% of the position
Funding, last 7 days−0.003%$0 on $10k
+Price spread, last 4 days (all we have)+0.019%+$2 · spread now −0.084%, 7d avg −0.052%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% cheaper against Gate than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4770 | 0.0100 | pay 0.0100% / 8h | 4h 58m | $228K | $74K | 50x |
| Short | Bitget NMRUSDT | 9.4690 | 0.0100 | get 0.0050% / 4h | 58m 32s | $866K | $139K | 50x |
Gate NMR_USDT
Bitget NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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: −0.084% → −0.052%
- −$3.25
- Slippage, 4 orders
- −$102.44
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$132.69
- Costs to cover
- 1.294%
- Break-even
- never at this rate
Slippage from Gate: live order book, 58 min ago; Bitget: live order book, 62 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, 58 min ago | 6.30 bp | 48.9 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 62 min ago | 5.26 bp | 23.1 bp −$23 | 82.9 bp −$829 | 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 | 9.4748 | −0.023% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4700 | −0.074% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4720 | −0.053% | $625K | $205K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4500 | −0.285% | $420K | $383K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4770 | long leg | $228K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4700 | −0.074% | $5.0M | $161K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4663 | −0.113% | $281K | $35K | 30x | as long as short |
| Bitget NMRUSDTshort | +0.0100% | 4h | 9.4690 | −0.084% | $866K | $139K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4640 | −0.137% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4761 | −0.010% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
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 | +0.0674% | 1h | 9.5332 | +0.593% | $27K | $16K | 10x | as long as short |
Kraken Futures PF_NMRUSD