Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against KuCoin−0.170%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$469as in the Funding arb table
Net, price: spread back to 7d avg − costs−$473as in the Price arb table
costs, in and out, $10k−$4634.626% of the position
Funding, last 7 days−0.062%−$6 on $10k
+Price spread, last 4 days (all we have)+0.233%+$23 · spread now −0.170%, 7d avg −0.065%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.105% cheaper against KuCoin than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of −0.065%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4330 | 0.0100 | pay 0.0050% / 4h | 1h 36m | $283K | $37K | 30x |
| Short | OKX NMR-USDT-SWAP | 9.4170 | 0.0100 | get 0.0050% / 4h | 1h 36m | $415K | $385K | 20x |
KuCoin NMRUSDTM
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.170% → −0.065%
- −$10.5
- Slippage, 4 orders
- −$440.58
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$473.08
- Costs to cover
- 4.626%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 34 min ago; OKX: live order book, 44 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, 34 min ago | 16.99 bp | 209.6 bp −$210 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 44 min ago | 7.44 bp | 30.3 bp −$30 | doesn't fit | 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 | 9.4380 | +0.053% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4300 | −0.031% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4310 | −0.021% | $618K | $205K | 50x | as long as short |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.4170 | −0.170% | $415K | $385K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4450 | +0.127% | $224K | $73K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4290 | −0.042% | $5.0M | $161K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4330 | long leg | $283K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4310 | −0.021% | $861K | $167K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4310 | −0.021% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4349 | +0.020% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
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 | +0.1538% | 1h | 9.4811 | +0.510% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD