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

NMR

all NMR markets
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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: Bitget against BingX+0.095%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$88as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$880.878% 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 4 days (all we have)−0.071%−$7 · spread now +0.095%, 7d avg +0.023%
Together, before fees−0.071%−$7 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: Bitget is 0.072% dearer against BingX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NMR-USDT9.46200.0100pay 0.0050% / 4h7m 44s$2.4M
ShortBitget NMRUSDT9.47100.0100get 0.0050% / 4h7m 44s$864K$160K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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: +0.095% → +0.023%
$7.17
Slippage, 4 orders
−$65.77
Fee BingX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$80.6
Costs to cover
0.878%
Break-even
never at this rate
Slippage from BingX: live order book, 12 min ago; Bitget: live order book, 3 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, 12 min ago5.81 bp22.1 bp −$2253.4 bp −$534403.8 bp −$40.4K455.5 bp −$227.7K
Sell Bitget live order book, 3 min ago3.70 bp20.6 bp −$2166.5 bp −$665doesn'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
Binance NMRUSDT+0.0100%4h9.4678+0.062%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4610−0.011%$624K$210K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4520−0.106%$418K$391K20xas long as short
Gate NMR_USDT+0.0100%8h9.4730+0.116%$225K$75K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4660+0.042%$5.0M$160K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4612−0.008%$284K$37K30xas long as short
Bitget NMRUSDTshort+0.0100%4h9.4710+0.095%$864K$160K50x
BingX NMR-USDTlong+0.0100%4h9.4620long leg$2.4M
Variational Omni NMR+0.0100%4h9.4541−0.083%$2K$442as long as short
Lighter NMR+0.0136%1h9.4761+0.149%$47K$20K3xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2297%1h9.4578−0.045%$27K$13K10xas long as short