Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against MEXC−0.116%7-day average +0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$82as in the Price arb table
costs, in and out, $10k−$680.676% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.116%, 7d avg +0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.145% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NMR_USDT | 9.4610 | 0.0100 | pay 0.0050% / 4h | 31m 40s | $5.0M | $163K | 50x |
| Short | Bitget NMRUSDT | 9.4500 | 0.0100 | get 0.0050% / 4h | 31m 40s | $865K | $139K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against MEXC. 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: −0.116% → +0.029%
- −$14.49
- Slippage, 4 orders
- −$51.57
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$82.05
- Costs to cover
- 0.676%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 6 min ago; Bitget: live order book, 24 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 MEXC live order book, 6 min ago | 2.12 bp | 9.9 bp −$10 | 34.5 bp −$345 | 93.3 bp −$9,327 | 332.9 bp −$166.5K |
| Sell Bitget live order book, 24 min ago | 4.22 bp | 25.6 bp −$26 | 63.0 bp −$630 | 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 | 9.4658 | +0.051% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4620 | +0.011% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4380 | −0.243% | $619K | $209K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4420 | −0.201% | $421K | $386K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4510 | −0.106% | $228K | $75K | 50x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.4610 | long leg | $5.0M | $163K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4389 | −0.234% | $280K | $35K | 30x | as long as short |
| Bitget NMRUSDTshort | +0.0100% | 4h | 9.4500 | −0.116% | $865K | $139K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4380 | −0.243% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4139 | −0.498% | $2K | $574 | — | 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 | +0.0678% | 1h | 9.4775 | +0.175% | $27K | $16K | 10x | as long as short |
MEXC NMR_USDT
Bitget NMRUSDT
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
KuCoin NMRUSDTM
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD