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: MEXC against Binance−0.032%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$570.566% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now −0.032%, 7d avg −0.005%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.027% cheaper against Binance than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NMRUSDT | 9.4280 | 0.0100 | pay 0.0050% / 4h | 1h 30m | $2.0M | $2.1M | 50x |
| Short | MEXC NMR_USDT | 9.4250 | 0.0100 | get 0.0050% / 4h | 1h 30m | $5.0M | $162K | 50x |
Binance NMRUSDT
MEXC NMR_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.032% → −0.005%
- −$2.71
- Slippage, 4 orders
- −$42.6
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$59.31
- Costs to cover
- 0.566%
- Break-even
- never at this rate
Slippage from Binance: live order book, 4 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 Binance live order book, 4 min ago | 2.12 bp | 18.8 bp −$19 | 124.8 bp −$1,248 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 1 min ago | 1.06 bp | 8.5 bp −$9 | 30.6 bp −$306 | 64.8 bp −$6,475 | 284.6 bp −$142.3K |
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 | 9.4363 | +0.088% | $47K | $20K | 3x | as long as short |
| Binance NMRUSDTlong | +0.0100% | 4h | 9.4280 | long leg | $2.0M | $2.1M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4250 | −0.032% | $617K | $205K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4100 | −0.191% | $414K | $385K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4310 | +0.032% | $224K | $74K | 50x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4250 | −0.032% | $5.0M | $162K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4298 | +0.019% | $283K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4270 | −0.011% | $861K | $167K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4240 | −0.042% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4254 | −0.027% | $2K | $442 | — | as long as short |
Lighter NMR
Bybit NMRUSDT
OKX NMR-USDT-SWAP
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 | +0.1543% | 1h | 9.4457 | +0.188% | $27K | $14K | 10x | as long as short |
Kraken Futures PF_NMRUSD