Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BingX−0.065%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$439as in the Funding arb table
Net, price: spread back to 7d avg − costs−$447as in the Price arb table
costs, in and out, $10k−$4394.390% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.155%+$15 · spread now −0.065%, 7d avg +0.017%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.082% cheaper against BingX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of +0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.4400 | 0.0100 | pay 0.0050% / 4h | 2h 35m | — | $2.4M | — |
| Short | KuCoin NMRUSDTM | 9.4339 | 0.0100 | get 0.0050% / 4h | 2h 35m | $280K | $34K | 30x |
BingX NMR-USDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against BingX. 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
- $0
- Price spread: −0.065% → +0.017%
- −$8.19
- Slippage, 4 orders
- −$417
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$447.18
- Costs to cover
- 4.390%
- Break-even
- never at this rate
Slippage from BingX: live order book, 9 min ago; KuCoin: live order book, 22 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 BingX live order book, 9 min ago | 5.82 bp | 25.3 bp −$25 | 52.5 bp −$525 | 429.7 bp −$43.0K | 490.9 bp −$245.4K |
| Sell KuCoin live order book, 22 min ago | 10.57 bp | 202.6 bp −$203 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.4524 | +0.131% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4480 | +0.085% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4500 | +0.106% | $616K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4370 | −0.032% | $423K | $380K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4370 | −0.032% | $227K | $65K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4470 | +0.074% | $5.0M | $155K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4339 | −0.065% | $280K | $34K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4520 | +0.127% | $865K | $131K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.4400 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4440 | +0.043% | $2K | $463 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
Bitget NMRUSDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.3023% | 1h | 9.4643 | +0.257% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD