Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC−0.087%7-day average +0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$412as in the Funding arb table
Net, price: spread back to 7d avg − costs−$422as in the Price arb table
costs, in and out, $10k−$4114.113% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.128%+$13 · spread now −0.087%, 7d avg +0.020%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.106% cheaper against MEXC than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.020%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NMR_USDT | 9.4710 | 0.0100 | pay 0.0050% / 4h | 2h 19m | $5.0M | $156K | 50x |
| Short | KuCoin NMRUSDTM | 9.4628 | 0.0100 | get 0.0050% / 4h | 2h 19m | $281K | $34K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: −0.087% → +0.020%
- −$10.62
- Slippage, 4 orders
- −$395.32
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$421.94
- Costs to cover
- 4.113%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 3 min ago; KuCoin: live order book, 37 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 | 2.12 bp | 9.0 bp −$9 | 31.5 bp −$315 | 90.6 bp −$9,056 | 345.4 bp −$172.7K |
| Sell KuCoin live order book, 37 min ago | 10.57 bp | 202.6 bp −$203 | 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 | 9.4670 | −0.042% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4751 | +0.044% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4760 | +0.053% | $617K | $215K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4590 | −0.127% | $431K | $393K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4760 | +0.053% | $228K | $65K | 50x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.4710 | long leg | $5.0M | $156K | 50x | |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4628 | −0.087% | $281K | $34K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4610 | −0.106% | $865K | $132K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4680 | −0.032% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4548 | −0.171% | $2K | $463 | — | 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 | +0.3015% | 1h | 9.4904 | +0.205% | $27K | $15K | 10x | as long as short |
MEXC NMR_USDT
KuCoin NMRUSDTM
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD