Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.014%
Price spread now: MEXC against OKX+0.106%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$69as in the Price arb table
costs, in and out, $10k−$750.753% of the position
Funding, last 7 days+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)−0.149%−$15 · spread now +0.106%, 7d avg +0.040%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.065% dearer against OKX than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.040%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX NMR-USDT-SWAP | 9.4690 | 0.0100 | pay 0.0050% / 4h | 3h 54m | $418K | $394K | 20x |
| Short | MEXC NMR_USDT | 9.4790 | 0.0100 | get 0.0050% / 4h | 3h 54m | $5.0M | $159K | 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: +0.106% → +0.040%
- $6.53
- Slippage, 4 orders
- −$61.29
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$68.76
- Costs to cover
- 0.753%
- Break-even
- never at this rate
Slippage from OKX: live order book, 16 min ago; MEXC: live order book, 3 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, 16 min ago | 2.64 bp | 24.1 bp −$24 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 3 min ago | 2.63 bp | 8.8 bp −$9 | 32.9 bp −$329 | 91.7 bp −$9,171 | 317.9 bp −$158.9K |
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 | 9.4827 | +0.145% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4800 | +0.116% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4770 | +0.084% | $625K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAPlong | +0.0100% | 4h | 9.4690 | long leg | $418K | $394K | 20x | |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4790 | +0.106% | $5.0M | $159K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4844 | +0.163% | $285K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4830 | +0.148% | $863K | $159K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4820 | +0.137% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4887 | +0.208% | $2K | $442 | — | as long as short |
| Gate NMR_USDT | +0.0641% | 8h | 9.4880 | +0.201% | $225K | $75K | 50x | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2103% | 1h | 9.4993 | +0.320% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD