Funding you earn now, next payment 22:00 UTC−0.1356%/8h= −148.5% APRpaid last 24h −2.721%
Price spread now: BingX against Kraken Futures−0.132%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$41 a day on $10k at the current rate, and BingX is 0.132% cheaper against Kraken Futures than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NMRUSD | 9.4114 | 0.1456 | pay 0.0182% / 1h | 56m 49s | $27K | $15K | 10x |
| Short | BingX NMR-USDT | 9.3990 | 0.0100 | get 0.0050% / 4h | 2h 56m | — | $2.4M | — |
Kraken Futures PF_NMRUSD
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$284.86
- Price spread: −0.132% → 0.000%
- −$13.18
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$318.04
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 7 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 7 min ago | 5.31 bp | 23.7 bp −$24 | 55.7 bp −$557 | 451.0 bp −$45.1K | 519.3 bp −$259.7K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 9.4062 | −0.055% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4010 | −0.111% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4110 | −0.004% | $615K | $203K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3840 | −0.291% | $415K | $388K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4190 | +0.081% | $222K | $73K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.3980 | −0.142% | $5.0M | $158K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4033 | −0.086% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4100 | −0.015% | $859K | $174K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.3990 | −0.132% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4166 | +0.056% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
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_NMRUSDlong | +0.1456% | 1h | 9.4114 | long leg | $27K | $15K | 10x |