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: Binance against OKX+0.137%7-day average +0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$970.969% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.137%, 7d avg +0.050%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.087% dearer against OKX than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NMR-USDT-SWAP | 9.4740 | 0.0100 | pay 0.0050% / 4h | 3h 44m | $418K | $396K | 20x |
| Short | Binance NMRUSDT | 9.4870 | 0.0100 | get 0.0050% / 4h | 3h 44m | $2.0M | $2.2M | 50x |
OKX NMR-USDT-SWAP
Binance NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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: +0.137% → +0.050%
- $8.69
- Slippage, 4 orders
- −$76.92
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$88.23
- Costs to cover
- 0.969%
- Break-even
- never at this rate
Slippage from OKX: live order book, 26 min ago; Binance: live order book, 5 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 OKX live order book, 26 min ago | 2.64 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 1.05 bp | 18.5 bp −$18 | 66.3 bp −$663 | 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 | 9.4929 | +0.199% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDTshort | +0.0100% | 4h | 9.4870 | +0.137% | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4780 | +0.042% | $625K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAPlong | +0.0100% | 4h | 9.4740 | long leg | $418K | $396K | 20x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4870 | +0.137% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4837 | +0.102% | $285K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4900 | +0.169% | $864K | $159K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4740 | 0.000% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4780 | +0.043% | $2K | $442 | — | as long as short |
| Gate NMR_USDT | +0.0643% | 8h | 9.4900 | +0.169% | $224K | $76K | 50x | as long as short |
Lighter NMR
Bybit NMRUSDT
MEXC NMR_USDT
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 | 9.5024 | +0.300% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD