Funding you earn now, next payment 09:00 UTC+3.9869%/8h= +4365.7% APRpaid last 24h +2.116%
Price spread now: Kraken Futures against BingX+0.100%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$1,196 a day on $10k at the current rate, and Kraken Futures is 0.100% dearer against BingX than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX NMR-USDT | 9.5470 | 0.0100 | pay 0.0050% / 4h | 3h 49m | — | $2.4M | — |
| Short | Kraken Futures PF_NMRUSD | 9.5566 | 3.9969 | get 0.4996% / 1h | 49m 07s | $28K | $15K | 10x |
BingX NMR-USDT
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures 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
- $8,372.52
- Price spread: +0.100% → 0.000%
- $10.02
- Slippage, 4 orders
- no order book: not counted
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $8,362.55
- Costs to cover
- 0.200%
- Break-even
- 0.0 days
Slippage unknown: BingX: live order book, 15 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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, 15 min ago | 5.77 bp | 24.9 bp −$25 | 53.2 bp −$532 | 433.9 bp −$43.4K | 492.2 bp −$246.1K |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | 9.5489 | +0.020% | $47K | $14K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.5450 | −0.021% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5410 | −0.063% | $624K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5360 | −0.115% | $437K | $353K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.5390 | −0.084% | $230K | $58K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5500 | +0.031% | $5.1M | $158K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.5442 | −0.029% | $282K | $32K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5570 | +0.105% | $871K | $126K | 50x | as long as short |
| BingX NMR-USDTlong | +0.0100% | 4h | 9.5470 | long leg | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.5454 | −0.016% | $2K | $333 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit 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_NMRUSDshort | +3.9969% | 1h | 9.5566 | +0.100% | $28K | $15K | 10x |