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: MEXC against OKX+0.191%7-day average +0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.235%−$23 · spread now +0.191%, 7d avg +0.046%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.146% dearer against OKX than usual: you sell high and buy low, +$15 on $10k if it goes back to its 7-day average of +0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NMR-USDT-SWAP | 9.4050 | 0.0100 | pay 0.0050% / 4h | 2h 31m | $422K | $379K | 20x |
| Short | MEXC NMR_USDT | 9.4230 | 0.0100 | get 0.0050% / 4h | 2h 31m | $5.0M | $155K | 50x |
OKX NMR-USDT-SWAP
MEXC NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against OKX. 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: +0.191% → +0.046%
- $14.58
- Slippage, 4 orders
- −$54
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$53.42
- Costs to cover
- 0.680%
- Break-even
- never at this rate
Slippage from OKX: live order book, 14 min ago; MEXC: live order book, 1 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 OKX live order book, 14 min ago | 3.18 bp | 27.4 bp −$27 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.59 bp | 8.8 bp −$9 | 37.7 bp −$377 | 92.7 bp −$9,272 | 341.1 bp −$170.6K |
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 | 9.4284 | +0.249% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4227 | +0.188% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4280 | +0.245% | $615K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAPlong | +0.0100% | 4h | 9.4050 | long leg | $422K | $379K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4220 | +0.181% | $227K | $65K | 50x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4230 | +0.191% | $5.0M | $155K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4182 | +0.140% | $279K | $34K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4240 | +0.202% | $863K | $131K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4210 | +0.170% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4440 | +0.415% | $2K | $463 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
Gate NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.3025% | 1h | 9.4573 | +0.556% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD