Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: BingX against KuCoin−0.216%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$427as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4284.278% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now −0.216%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.196% cheaper against KuCoin than usual: you would sell low and buy high, −$20 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4183 | 0.0100 | pay 0.0050% / 4h | 2h 54m | $282K | $37K | 30x |
| Short | BingX NMR-USDT | 9.3980 | 0.0100 | get 0.0050% / 4h | 2h 54m | — | $2.4M | — |
KuCoin NMRUSDTM
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: −0.216% → −0.019%
- −$19.64
- Slippage, 4 orders
- −$405.82
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$447.46
- Costs to cover
- 4.278%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; BingX: live order book, 10 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 KuCoin live order book, 26 min ago | 17.55 bp | 199.3 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 10 min ago | 5.31 bp | 23.7 bp −$24 | 55.7 bp −$557 | 451.0 bp −$45.1K | 519.3 bp −$259.7K |
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 | 9.4120 | −0.067% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4040 | −0.152% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4160 | −0.024% | $615K | $202K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3820 | −0.385% | $415K | $385K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4140 | −0.046% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4010 | −0.184% | $5.0M | $158K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4183 | long leg | $282K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4130 | −0.056% | $859K | $170K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.3980 | −0.216% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.3975 | −0.221% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
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 | +0.1456% | 1h | 9.4172 | −0.011% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD