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

NMR

all NMR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against BingX+0.074%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$95as in the Funding arb table
Net, price: spread back to 7d avg − costs−$89as in the Price arb table
costs, in and out, $10k−$950.952% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 7 days−0.061%−$6 · spread now +0.074%, 7d avg +0.013%
Together, before fees−0.061%−$6 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.061% dearer against BingX than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of +0.013%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NMR-USDT9.40300.0100pay 0.0050% / 4h2h 32m$2.4M
ShortBinance NMRUSDT9.41000.0100get 0.0050% / 4h2h 32m$2.0M$2.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against BingX. 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
$0
Price spread: +0.074% → +0.013%
$6.15
Slippage, 4 orders
−$75.18
Fee BingX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$89.03
Costs to cover
0.952%
Break-even
never at this rate
Slippage from BingX: live order book, 7 min ago; Binance: live order book, 2 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 BingX live order book, 7 min ago5.32 bp26.0 bp −$2654.2 bp −$542463.0 bp −$46.3K523.8 bp −$261.9K
Sell Binance live order book, 2 min ago2.13 bp21.2 bp −$2171.7 bp −$717doesn't fitdoesn't fit

NMR on 11 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
Lighter NMR+0.0096%1h9.4184+0.164%$47K$21K3xas long as short
Binance NMRUSDTshort+0.0100%4h9.4100+0.074%$2.0M$2.1M50x
Bybit NMRUSDT+0.0100%4h9.4050+0.021%$614K$201K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4020−0.011%$416K$384K20xas long as short
Gate NMR_USDT+0.0100%8h9.4130+0.106%$222K$74K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4090+0.064%$5.0M$160K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4074+0.047%$282K$37K30xas long as short
Bitget NMRUSDT+0.0100%4h9.4090+0.064%$859K$168K50xas long as short
BingX NMR-USDTlong+0.0100%4h9.4030long leg$2.4M
Variational Omni NMR+0.0100%4h9.4072+0.044%$2K$442as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.1455%1h9.4217+0.198%$27K$15K10xas long as short