Funding you earn now, next payment 00:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h 0.000%
Price spread now: Gate against Binance+0.042%7-day average +0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1231.230% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.059%−$6 · spread now +0.042%, 7d avg +0.071%
=Funding pays, the price is against you. Gate is 0.029% cheaper against Binance than usual: you would sell low and buy high (spread +0.042% now, against its 7-day average of +0.071%). If the spread goes back, that is −$3 on $10k: about 8.0 days of funding at the current rate ($0 a day). At the pace of the last 7 days (0.000% in total) that is about years.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NMRUSDT | 9.4770 | 0.0100 | pay 0.0050% / 4h | 3m 14s | $2.0M | $2.2M | 50x |
| Short | Gate NMR_USDT | 9.4810 | 0.0112 | get 0.0112% / 8h | 3m 14s | $226K | $75K | 50x |
Binance NMRUSDT
Gate NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- $2.52
- Price spread: +0.042% → +0.071%
- −$2.86
- Slippage, 4 orders
- −$97.97
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$123.31
- Costs to cover
- 1.230%
- Break-even
- 349.5 days
Slippage from Binance: live order book, 1 min ago; Gate: live order book, 3 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 Binance live order book, 1 min ago | 1.05 bp | 19.3 bp −$19 | 108.2 bp −$1,082 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.22 bp | 34.9 bp −$35 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDTlong | +0.0100% | 4h | 9.4770 | long leg | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4710 | −0.063% | $624K | $210K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4660 | −0.116% | $418K | $392K | 20x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4770 | 0.000% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4728 | −0.044% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4810 | +0.042% | $865K | $160K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4670 | −0.106% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4617 | −0.161% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0112% | 1h | 9.4774 | +0.004% | $47K | $20K | 3x | as long as short |
| Gate NMR_USDTshort | +0.0112% | 8h | 9.4810 | +0.042% | $226K | $75K | 50x |
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2294% | 1h | 9.4688 | −0.086% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD