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: BingX against KuCoin−0.075%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$445as in the Funding arb table
Net, price: spread back to 7d avg − costs−$451as in the Price arb table
costs, in and out, $10k−$4454.453% of the position
Funding, last 7 days+0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now −0.075%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.056% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.4041 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $282K | $37K | 30x |
| Short | BingX NMR-USDT | 9.3970 | 0.0100 | get 0.0050% / 4h | 2h 06m | — | $2.4M | — |
KuCoin NMRUSDTM
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against KuCoin. 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: −0.075% → −0.019%
- −$5.63
- Slippage, 4 orders
- −$423.35
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$450.98
- Costs to cover
- 4.453%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 4 min ago; BingX: live order book, 12 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 KuCoin live order book, 4 min ago | 16.99 bp | 209.6 bp −$210 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 12 min ago | 5.84 bp | 23.4 bp −$23 | 53.1 bp −$531 | 449.4 bp −$44.9K | 521.8 bp −$260.9K |
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 | 9.4062 | +0.022% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.3970 | −0.075% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.3970 | −0.075% | $614K | $202K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3840 | −0.214% | $415K | $385K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4170 | +0.137% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.3990 | −0.054% | $5.0M | $162K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.4041 | long leg | $282K | $37K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.3990 | −0.054% | $858K | $168K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.3970 | −0.075% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.4058 | +0.018% | $2K | $442 | — | 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 | +0.1457% | 1h | 9.4098 | +0.060% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD