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 MEXC−0.148%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$770.774% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.191%+$19 · spread now −0.148%, 7d avg −0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.108% 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 −0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NMR_USDT | 9.4660 | 0.0100 | pay 0.0050% / 4h | 8m 04s | $5.0M | $160K | 50x |
| Short | OKX NMR-USDT-SWAP | 9.4520 | 0.0100 | get 0.0050% / 4h | 8m 04s | $418K | $391K | 20x |
MEXC NMR_USDT
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.148% → −0.040%
- −$10.76
- Slippage, 4 orders
- −$63.42
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$88.18
- Costs to cover
- 0.774%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 4 min ago; OKX: live order book, 2 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, 4 min ago | 2.11 bp | 9.5 bp −$9 | 33.3 bp −$333 | 84.4 bp −$8,441 | 295.2 bp −$147.6K |
| Sell OKX live order book, 2 min ago | 2.64 bp | 33.9 bp −$34 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.4665 | +0.005% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4610 | −0.053% | $624K | $210K | 50x | as long as short |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.4520 | −0.148% | $418K | $391K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4730 | +0.074% | $225K | $75K | 50x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.4660 | long leg | $5.0M | $160K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4611 | −0.052% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4710 | +0.053% | $864K | $160K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4620 | −0.042% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4541 | −0.125% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0136% | 1h | 9.4725 | +0.069% | $47K | $20K | 3x | as long as short |
Binance NMRUSDT
Bybit NMRUSDT
Gate NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2297% | 1h | 9.4578 | −0.087% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD