Funding you earn now, next payment 02:00 UTC−0.2330%/8h= −255.2% APRpaid last 24h −2.587%
Price spread now: BingX against Kraken Futures−0.169%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$70 a day on $10k at the current rate, and BingX is 0.169% cheaper against Kraken Futures than usual: you would sell low and buy high (−$17 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NMRUSD | 9.5131 | 0.2430 | pay 0.0304% / 1h | 4m 34s | $27K | $15K | 10x |
| Short | BingX NMR-USDT | 9.4970 | 0.0100 | get 0.0050% / 4h | 2h 04m | — | $2.4M | — |
Kraken Futures PF_NMRUSD
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against Kraken Futures. 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
- −$489.38
- Price spread: −0.169% → 0.000%
- −$16.92
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$526.3
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Kraken Futures: no order-book sample; BingX: live order book, 15 min ago. Net counts fees only.
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell BingX live order book, 15 min ago | 5.27 bp | 18.9 bp −$19 | 51.4 bp −$514 | 427.7 bp −$42.8K | 492.6 bp −$246.3K |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 9.4981 | −0.158% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4990 | −0.148% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4990 | −0.148% | $625K | $203K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4880 | −0.264% | $421K | $386K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4860 | −0.285% | $229K | $80K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5040 | −0.096% | $5.0M | $167K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4900 | −0.243% | $281K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5040 | −0.096% | $862K | $158K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.4970 | −0.169% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4978 | −0.160% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
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_NMRUSDlong | +0.2430% | 1h | 9.5131 | long leg | $27K | $15K | 10x |