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 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Bitget−0.105%7-day average −0.012% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$131as in the Price arb table
costs, in and out, $10k−$1221.219% 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)+0.178%+$18 · spread now −0.105%, 7d avg −0.012%
Together, before fees+0.178%+$18 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: Bybit is 0.094% cheaper against Bitget than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.48600.0100pay 0.0050% / 4h3h 31m$868K$131K50x
ShortBybit NMRUSDT9.47600.0100get 0.0050% / 4h3h 31m$621K$208K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. 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: −0.105% → −0.012%
−$9.38
Slippage, 4 orders
−$98.86
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$131.24
Costs to cover
1.219%
Break-even
never at this rate
Slippage from Bitget: live order book, 19 min ago; Bybit: live order book, 14 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 Bitget live order book, 19 min ago4.74 bp22.0 bp −$2284.3 bp −$843doesn't fitdoesn't fit
Sell Bybit live order book, 14 min ago2.63 bp36.1 bp −$36183.9 bp −$1,839doesn'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%1h9.4845−0.016%$47K$19K3xas long as short
Binance NMRUSDT+0.0100%4h9.4821−0.041%$2.0M$2.2M50xas long as short
Bybit NMRUSDTshort+0.0100%4h9.4760−0.105%$621K$208K50x
OKX NMR-USDT-SWAP+0.0100%4h9.4740−0.127%$423K$381K20xas long as short
Gate NMR_USDT+0.0100%8h9.4820−0.042%$228K$65K50xas long as short
MEXC NMR_USDT+0.0100%4h9.4810−0.053%$5.0M$156K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4738−0.129%$281K$34K30xas long as short
Bitget NMRUSDTlong+0.0100%4h9.4860long leg$868K$131K50x
BingX NMR-USDT+0.0100%4h9.4710−0.158%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4703−0.165%$2K$463as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2578%1h9.4914+0.057%$27K$16K10xas long as short