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

NOM

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0164%/8h= −17.9% APRnext payment $0.82 per $10,000 · paid last 24h −0.070%
Price spread now: Bybit against BloFin−0.055%72s7-day average −0.139% · you buy dearer than you sell
Net, funding: paid 7d − costs−$621as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$5995.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.216%−$22 on $10k
Price spread, last 4 days (all we have)+0.055%+$6 · spread now −0.055%, 7d avg −0.139%
Together, before fees−0.161%−$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.084% dearer against BloFin than usual: you sell high and buy low (spread −0.055% now, against its 7-day average of −0.139%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 41 hours. The two prices were read 72 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NOM-USDT0.0018080.0264pay 0.0132% / 4h1h 16m$325K$9K20x
ShortBybit NOMUSDT0.0018070.0100get 0.0050% / 4h1h 16m$675K$238K25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$34.35
Price spread: −0.055% → −0.139%
$8.41
Slippage, 4 orders
−$576.41
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$625.35
Costs to cover
5.994%
Break-even
never at this rate
Slippage from BloFin: live order book, 24 min ago; Bybit: live order book, 39 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 BloFin live order book, 24 min ago5.57 bp19.2 bp −$1979.5 bp −$795doesn't fitdoesn't fit
Sell Bybit live order book, 39 min ago8.35 bp305.7 bp −$306doesn't fitdoesn'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
Bybit NOMUSDTshort+0.0100%4h0.001807−0.055%$675K$238K25x
Gate NOM_USDT+0.0100%4h0.001807−0.055%$209K$37K10xas long as short
Aster NOMUSDT+0.0143%4h0.001808+0.013%$7K$5K5xas long as short
KuCoin NOMUSDTM+0.0196%4h0.001812+0.221%$472K$82K20xas long as short
Binance NOMUSDT+0.0243%4h0.001807−0.069%$3.4M$3.1M10xas long as short
MEXC NOM_USDT+0.0250%4h0.001806−0.111%$400K$196K20xas long as short
BloFin NOM-USDTlong+0.0264%4h0.001808long leg$325K$9K20x