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

NMR

all NMR markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.148%−$15 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: 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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NMRUSDTM9.45700.0100pay 0.0050% / 4h53m 17s$284K$37K30x
ShortMEXC NMR_USDT9.47100.0100get 0.0050% / 4h53m 17s$5.0M$157K50x

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 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: +0.148% → −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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago22.19 bp247.8 bp −$248doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 9 min ago1.59 bp9.2 bp −$930.6 bp −$30687.3 bp −$8,734341.3 bp −$170.6K

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NMRUSDT+0.0100%4h9.4725+0.164%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4710+0.148%$625K$213K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4640+0.074%$419K$397K20xas long as short
Gate NMR_USDT+0.0100%8h9.4650+0.085%$225K$74K50xas long as short
MEXC NMR_USDTshort+0.0100%4h9.4710+0.148%$5.0M$157K50x
KuCoin NMRUSDTMlong+0.0100%4h9.4570long leg$284K$37K30x
Bitget NMRUSDT+0.0100%4h9.4720+0.159%$865K$167K50xas long as short
BingX NMR-USDT+0.0100%4h9.4700+0.137%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4667+0.103%$2K$442as long as short
Lighter NMR+0.0184%1h9.4823+0.268%$47K$20K3xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2290%1h9.4868+0.316%$27K$13K10xas long as short