Settings8H · net · $10k
Funding arb · Price arb /

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
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: Bitget against OKX+0.053%7-day average +0.069% · you sell dearer than you buy
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$960.956% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.066%+$7 on $10k
Price spread, last 4 days (all we have)−0.154%−$15 · spread now +0.053%, 7d avg +0.069%
Together, before fees−0.088%−$9 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX NMR-USDT-SWAP9.45100.0100pay 0.0050% / 4h1h 02m$418K$395K20x
ShortBitget NMRUSDT9.45600.0100get 0.0050% / 4h1h 02m$864K$167K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.053% → +0.069%
−$1.62
Slippage, 4 orders
−$73.62
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$97.24
Costs to cover
0.956%
Break-even
never at this rate
Slippage from OKX: live order book, 13 min ago; Bitget: live order book, 13 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy OKX live order book, 13 min ago2.12 bp23.2 bp −$23doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 13 min ago2.12 bp23.7 bp −$2474.2 bp −$742doesn't fitdoesn't fit

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMR+0.0096%1h9.4654+0.152%$47K$20K3xas long as short
Binance NMRUSDT+0.0100%4h9.4564+0.057%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4530+0.021%$624K$213K50xas long as short
OKX NMR-USDT-SWAPlong+0.0100%4h9.4510long leg$418K$395K20x
Gate NMR_USDT+0.0100%8h9.4650+0.148%$225K$75K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4540+0.032%$5.0M$164K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4624+0.121%$284K$37K30xas long as short
Bitget NMRUSDTshort+0.0100%4h9.4560+0.053%$864K$167K50x
BingX NMR-USDT+0.0100%4h9.4550+0.042%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4597+0.092%$2K$442as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.1538%1h9.4772+0.277%$27K$14K10xas long as short