Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against OKX+0.116%7-day average +0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs−$152as in the Funding arb table
Net, price: spread back to 7d avg − costs−$159as in the Price arb table
costs, in and out, $10k−$1591.587% of the position
Funding, last 7 days+0.069%+$7 on $10k
+Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.116%, 7d avg +0.122%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NMR-USDT-SWAP | 9.4790 | 0.0100 | pay 0.0050% / 4h | 2h 11m | $421K | $390K | 20x |
| Short | Gate NMR_USDT | 9.4900 | 0.0100 | get 0.0100% / 8h | 6h 11m | $229K | $79K | 50x |
OKX NMR-USDT-SWAP
Gate NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.116% → +0.122%
- −$0.64
- Slippage, 4 orders
- −$133.68
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$159.33
- Costs to cover
- 1.587%
- Break-even
- never at this rate
Slippage from OKX: live order book, 54 min ago; Gate: live order book, 50 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, 54 min ago | 4.21 bp | 35.8 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 4.22 bp | 49.3 bp −$49 | 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 | 9.4908 | +0.124% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4896 | +0.112% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4940 | +0.158% | $625K | $213K | 50x | as long as short |
| OKX NMR-USDT-SWAPlong | +0.0100% | 4h | 9.4790 | long leg | $421K | $390K | 20x | |
| Gate NMR_USDTshort | +0.0100% | 8h | 9.4900 | +0.116% | $229K | $79K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4880 | +0.095% | $5.0M | $166K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4983 | +0.204% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4990 | +0.211% | $862K | $159K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4930 | +0.148% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4937 | +0.156% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2432% | 1h | 9.5061 | +0.286% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD