Funding you earn now, next payment 04:00 UTC+0.0574%/8h= +62.8% APRnext payment +$2.87 per $10,000 · paid last 24h +0.074%
Price spread now: Binance against Bybit+0.246%7-day average +0.090% · you sell dearer than you buy
Net, funding: paid 7d − costs−$550as in the Funding arb table
Net, price: spread back to 7d avg − costs−$560as in the Price arb table
costs, in and out, $10k−$5755.753% of the position
Funding, last 7 days+0.249%+$25 on $10k
+Price spread, last 4 days (all we have)−0.167%−$17 · spread now +0.246%, 7d avg +0.090%
=Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and Binance is 0.156% dearer against Bybit than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of +0.090%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.249% in total (about 13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.87 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NOMUSDT | 0.001803 | 0.0100 | pay 0.0050% / 4h | 2h 08m | $673K | $241K | 25x |
| Short | Binance NOMUSDT | 0.001807 | 0.0674 | get 0.0337% / 4h | 2h 08m | $3.4M | $3.2M | 10x |
Bybit NOMUSDT
Binance NOMUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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
- $120.46
- Price spread: +0.246% → +0.090%
- $15.59
- Slippage, 4 orders
- −$554.33
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$439.28
- Costs to cover
- 5.753%
- Break-even
- 32.5 days
Slippage from Bybit: live order book, 52 min ago; Binance: live order book, 13 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 Bybit live order book, 52 min ago | 8.37 bp | 257.6 bp −$258 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 13 min ago | 2.77 bp | 20.7 bp −$21 | 154.7 bp −$1,547 | doesn't fit | doesn't fit |
NOM on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NOMUSDTlong | +0.0100% | 4h | 0.001803 | long leg | $673K | $241K | 25x | |
| Gate NOM_USDT | +0.0100% | 4h | 0.001804 | +0.055% | $209K | $37K | 10x | as long as short |
| KuCoin NOMUSDTM | +0.0100% | 4h | 0.001806 | +0.166% | $470K | $85K | 20x | as long as short |
| Aster NOMUSDT | +0.0532% | 4h | 0.001806 | +0.158% | $7K | $4K | 5x | as long as short |
| MEXC NOM_USDT | +0.0672% | 4h | 0.001807 | +0.222% | $405K | $202K | 20x | as long as short |
| Binance NOMUSDTshort | +0.0674% | 4h | 0.001807 | +0.246% | $3.4M | $3.2M | 10x |
Gate NOM_USDT
KuCoin NOMUSDTM
Aster NOMUSDT
MEXC NOM_USDT