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: Bybit against MEXC−0.063%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costs−$94as in the Price arb table
costs, in and out, $10k−$870.865% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.096%+$10 · spread now −0.063%, 7d avg +0.015%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.079% cheaper against MEXC than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.015%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NMR_USDT | 9.4860 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $5.0M | $160K | 50x |
| Short | Bybit NMRUSDT | 9.4800 | 0.0100 | get 0.0050% / 4h | 3h 44m | $625K | $211K | 50x |
MEXC NMR_USDT
Bybit NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: −0.063% → +0.015%
- −$7.87
- Slippage, 4 orders
- −$71.53
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$94.4
- Costs to cover
- 0.865%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; Bybit: live order book, 21 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, 3 min ago | 1.05 bp | 8.7 bp −$9 | 35.0 bp −$350 | 89.4 bp −$8,935 | 294.5 bp −$147.3K |
| Sell Bybit live order book, 21 min ago | 3.17 bp | 33.4 bp −$33 | 200.1 bp −$2,001 | 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 | 9.4928 | +0.072% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4864 | +0.004% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDTshort | +0.0100% | 4h | 9.4800 | −0.063% | $625K | $211K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4740 | −0.127% | $418K | $396K | 20x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.4860 | long leg | $5.0M | $160K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4832 | −0.030% | $285K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4890 | +0.032% | $864K | $159K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4750 | −0.116% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4780 | −0.084% | $2K | $442 | — | as long as short |
| Gate NMR_USDT | +0.0643% | 8h | 9.4900 | +0.042% | $224K | $76K | 50x | as long as short |
Lighter NMR
Binance NMRUSDT
OKX NMR-USDT-SWAP
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2103% | 1h | 9.5005 | +0.152% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD