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: MEXC against KuCoin+0.148%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$424as in the Funding arb table
Net, price: spread back to 7d avg − costs−$407as in the Price arb table
costs, in and out, $10k−$4244.242% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.153%−$15 · spread now +0.148%, 7d avg −0.025%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.173% dearer against KuCoin than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.025%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4570 | 0.0100 | pay 0.0050% / 4h | 53m 17s | $284K | $37K | 30x |
| Short | MEXC NMR_USDT | 9.4710 | 0.0100 | get 0.0050% / 4h | 53m 17s | $5.0M | $157K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: +0.148% → −0.025%
- $17.29
- Slippage, 4 orders
- −$408.15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$406.86
- Costs to cover
- 4.242%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 9 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, 8 min ago | 22.19 bp | 247.8 bp −$248 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 9 min ago | 1.59 bp | 9.2 bp −$9 | 30.6 bp −$306 | 87.3 bp −$8,734 | 341.3 bp −$170.6K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4725 | +0.164% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4710 | +0.148% | $625K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4640 | +0.074% | $419K | $397K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4650 | +0.085% | $225K | $74K | 50x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4710 | +0.148% | $5.0M | $157K | 50x | |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4570 | long leg | $284K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4720 | +0.159% | $865K | $167K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4700 | +0.137% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4667 | +0.103% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0184% | 1h | 9.4823 | +0.268% | $47K | $20K | 3x | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2290% | 1h | 9.4868 | +0.316% | $27K | $13K | 10x | as long as short |
KuCoin NMRUSDTM
MEXC NMR_USDT
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMR
Kraken Futures PF_NMRUSD