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: Bybit against BingX+0.064%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$137as in the Price arb table
costs, in and out, $10k−$1421.423% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.148%+$15 · spread now +0.064%, 7d avg +0.011%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.053% dearer against BingX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.011%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.4110 | 0.0100 | pay 0.0050% / 4h | 2h 47m | — | $2.4M | — |
| Short | Bybit NMRUSDT | 9.4170 | 0.0100 | get 0.0050% / 4h | 2h 47m | $615K | $201K | 50x |
BingX NMR-USDT
Bybit NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BingX. 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: +0.064% → +0.011%
- $5.31
- Slippage, 4 orders
- −$121.27
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$136.96
- Costs to cover
- 1.423%
- Break-even
- never at this rate
Slippage from BingX: live order book, 2 min ago; Bybit: live order book, 36 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 BingX live order book, 2 min ago | 5.32 bp | 23.7 bp −$24 | 57.7 bp −$577 | 460.6 bp −$46.1K | 514.4 bp −$257.2K |
| Sell Bybit live order book, 36 min ago | 4.78 bp | 38.7 bp −$39 | 707.5 bp −$7,075 | 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 | 9.4192 | +0.087% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4129 | +0.020% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDTshort | +0.0100% | 4h | 9.4170 | +0.064% | $615K | $201K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3910 | −0.213% | $415K | $384K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4250 | +0.149% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4120 | +0.011% | $5.0M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4184 | +0.079% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4200 | +0.096% | $860K | $170K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.4110 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.3930 | −0.191% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
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 | +0.1455% | 1h | 9.4193 | +0.088% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD