Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: MEXC against Gate+0.021%7-day average −0.082% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$98as in the Price arb table
costs, in and out, $10k−$1081.084% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.021%, 7d avg −0.082%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.103% dearer against Gate than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.082%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4140 | 0.0100 | pay 0.0100% / 8h | 1h 56m | $223K | $73K | 50x |
| Short | MEXC NMR_USDT | 9.4160 | 0.0100 | get 0.0050% / 4h | 1h 56m | $5.0M | $159K | 50x |
Gate NMR_USDT
MEXC NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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% → −0.082%
- $10.31
- Slippage, 4 orders
- −$89.38
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$98.07
- Costs to cover
- 1.084%
- Break-even
- never at this rate
Slippage from Gate: live order book, 20 min ago; MEXC: live order book, 6 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, 20 min ago | 9.55 bp | 50.3 bp −$50 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 6 min ago | 1.06 bp | 8.5 bp −$8 | 30.0 bp −$300 | 88.3 bp −$8,830 | 334.8 bp −$167.4K |
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 | 9.4123 | −0.018% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4144 | +0.004% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4070 | −0.074% | $615K | $202K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3960 | −0.191% | $415K | $384K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4140 | long leg | $223K | $73K | 50x | |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4160 | +0.021% | $5.0M | $159K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.3983 | −0.167% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4010 | −0.138% | $858K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.3960 | −0.191% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.3962 | −0.189% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
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 | +0.1548% | 1h | 9.4164 | +0.025% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD