Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin+0.050%7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$488as in the Price arb table
costs, in and out, $10k−$4944.942% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.050%, 7d avg −0.007%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.057% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4673 | 0.0100 | pay 0.0050% / 4h | 3h 13m | $281K | $34K | 30x |
| Short | Bybit NMRUSDT | 9.4720 | 0.0100 | get 0.0050% / 4h | 3h 13m | $619K | $210K | 50x |
KuCoin NMRUSDTM
Bybit NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.050% → −0.007%
- $5.69
- Slippage, 4 orders
- −$471.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$488.49
- Costs to cover
- 4.942%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Bybit: live order book, 32 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, 58 min ago | 8.45 bp | 221.9 bp −$222 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 32 min ago | 2.63 bp | 36.1 bp −$36 | 183.9 bp −$1,839 | 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 | 9.4675 | +0.002% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4659 | −0.014% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDTshort | +0.0100% | 4h | 9.4720 | +0.050% | $619K | $210K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4640 | −0.035% | $423K | $380K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4750 | +0.081% | $228K | $65K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4700 | +0.029% | $5.0M | $157K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4673 | long leg | $281K | $34K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4740 | +0.071% | $867K | $130K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4680 | +0.007% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4718 | +0.048% | $2K | $463 | — | as long as short |
Lighter NMR
Binance NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
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 | +0.2581% | 1h | 9.4816 | +0.151% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD