Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against Binance−0.057%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$419as in the Price arb table
costs, in and out, $10k−$4124.125% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.042%−$4 · spread now −0.057%, 7d avg +0.013%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.070% cheaper against Binance than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.013%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NMRUSDT | 9.5100 | 0.0100 | pay 0.0050% / 4h | 1h 10m | $2.0M | $2.2M | 50x |
| Short | KuCoin NMRUSDTM | 9.5046 | 0.0100 | get 0.0050% / 4h | 1h 10m | $282K | $35K | 30x |
Binance NMRUSDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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: −0.057% → +0.013%
- −$6.97
- Slippage, 4 orders
- −$390.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$419.47
- Costs to cover
- 4.125%
- Break-even
- never at this rate
Slippage from Binance: live order book, 9 min ago; KuCoin: live order book, 10 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 Binance live order book, 9 min ago | 2.10 bp | 22.3 bp −$22 | 89.3 bp −$893 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 10 min ago | 16.26 bp | 190.0 bp −$190 | doesn't fit | doesn't fit | doesn't fit |
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 | 9.5033 | −0.070% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDTlong | +0.0100% | 4h | 9.5100 | long leg | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5020 | −0.084% | $628K | $205K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4950 | −0.158% | $422K | $386K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.5080 | −0.021% | $229K | $78K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5100 | 0.000% | $5.0M | $164K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.5046 | −0.057% | $282K | $35K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5050 | −0.053% | $870K | $147K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5000 | −0.105% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5026 | −0.077% | $2K | $574 | — | as long as short |
Lighter NMR
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
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 | +0.2599% | 1h | 9.5301 | +0.211% | $27K | $16K | 10x | as long as short |
Kraken Futures PF_NMRUSD