Settings8H · net · $10k
Funding arb · Price arb /

NMR

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against KuCoin+0.083%7-day average +0.058% · you sell dearer than you buy
Net, funding: paid 7d − costs−$504as in the Funding arb table
Net, price: spread back to 7d avg − costs−$502as in the Price arb table
costs, in and out, $10k−$5055.045% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.008%+$1 on $10k
Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.083%, 7d avg +0.058%
Together, before fees−0.037%−$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% dearer against KuCoin than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NMRUSDTM9.48110.0100pay 0.0050% / 4h1h 44m$281K$36K30x
ShortGate NMR_USDT9.48900.0100get 0.0100% / 8h5h 44m$229K$77K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.083% → +0.058%
$2.5
Slippage, 4 orders
−$477.53
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$502.03
Costs to cover
5.045%
Break-even
never at this rate
Slippage from KuCoin: live order book, 52 min ago; Gate: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 52 min ago10.56 bp220.0 bp −$220doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 12 min ago6.30 bp34.9 bp −$35doesn't fitdoesn't fitdoesn't fit

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMR+0.0096%1h9.4945+0.141%$47K$20K3xas long as short
Binance NMRUSDT+0.0100%4h9.4900+0.094%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4890+0.083%$625K$202K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4810−0.001%$421K$386K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.4890+0.083%$229K$77K50x
MEXC NMR_USDT+0.0100%4h9.4880+0.073%$5.0M$163K50xas long as short
KuCoin NMRUSDTMlong+0.0100%4h9.4811long leg$281K$36K30x
Bitget NMRUSDT+0.0100%4h9.4890+0.083%$860K$140K50xas long as short
BingX NMR-USDT+0.0100%4h9.4750−0.064%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4863+0.055%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2609%1h9.4938+0.134%$27K$15K10xas long as short