Funding you earn now, next payment 22:00 UTC+0.1356%/8h= +148.5% APRpaid last 24h +2.820%
Price spread now: Kraken Futures against KuCoin+0.157%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$41 a day on $10k at the current rate, and Kraken Futures is 0.157% dearer against KuCoin than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4001 | 0.0100 | pay 0.0050% / 4h | 2h 28m | $282K | $37K | 30x |
| Short | Kraken Futures PF_NMRUSD | 9.4149 | 0.1456 | get 0.0182% / 1h | 28m 49s | $27K | $15K | 10x |
KuCoin NMRUSDTM
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $284.75
- Price spread: +0.157% → 0.000%
- $15.7
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $278.44
- Costs to cover
- 0.220%
- Break-even
- 0.2 days
Slippage unknown: KuCoin: live order book, 51 min ago; Kraken Futures: no order-book sample. 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 KuCoin live order book, 51 min ago | 17.55 bp | 199.3 bp −$199 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 | 9.4124 | +0.131% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4040 | +0.042% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4000 | −0.001% | $613K | $201K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4070 | +0.073% | $416K | $384K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4130 | +0.137% | $222K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4030 | +0.031% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4001 | long leg | $282K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4040 | +0.041% | $858K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4030 | +0.031% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4116 | +0.122% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit 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_NMRUSDshort | +0.1456% | 1h | 9.4149 | +0.157% | $27K | $15K | 10x |