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

NOM

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.20 per $10,000 · paid last 24h −0.001%
Price spread now: BloFin against Binance+0.306%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$71as in the Price arb table
costs, in and out, $10k−$990.986% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.035%−$3 on $10k
Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.306%, 7d avg +0.034%
Together, before fees−0.280%−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.272% dearer against Binance than usual: you sell high and buy low: +$27 more if the spread goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance NOMUSDT0.0017800.0100pay 0.0050% / 4h3h 39m$3.4M$2.8M10x
ShortBloFin NOM-USDT0.0017850.0140get 0.0070% / 4h3h 39m$321K$7K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Binance. 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
$8.46
Price spread: +0.306% → +0.034%
$27.16
Slippage, 4 orders
−$76.57
Fee Binance: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$62.95
Costs to cover
0.986%
Break-even
59.1 days
Slippage from Binance: live order book, 11 min ago; BloFin: live order book, 35 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 Binance live order book, 11 min ago2.80 bp26.9 bp −$27258.1 bp −$2,581doesn't fitdoesn't fit
Sell BloFin live order book, 35 min ago2.80 bp30.5 bp −$3082.9 bp −$829doesn't fitdoesn't fit

NOM on 7 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
Aster NOMUSDT+0.0100%4h0.001779−0.058%$6K$4K5xas long as short
Binance NOMUSDTlong+0.0100%4h0.001780long leg$3.4M$2.8M10x
Bybit NOMUSDT+0.0100%4h0.001779−0.031%$668K$194K25xas long as short
Gate NOM_USDT+0.0100%4h0.001781+0.081%$199K$42K10xas long as short
MEXC NOM_USDT+0.0100%4h0.001782+0.137%$389K$181K20xas long as short
KuCoin NOMUSDTM+0.0100%4h0.001785+0.306%$476K$72K20xas long as short
BloFin NOM-USDTshort+0.0140%4h0.001785+0.306%$321K$7K20x