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: Binance against Bitget−0.085%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$890.890% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.161%+$16 · spread now −0.085%, 7d avg −0.019%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.066% cheaper against Bitget than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of −0.019%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NMRUSDT | 9.4590 | 0.0100 | pay 0.0050% / 4h | 31m 36s | $863K | $167K | 50x |
| Short | Binance NMRUSDT | 9.4510 | 0.0100 | get 0.0050% / 4h | 31m 36s | $2.0M | $2.2M | 50x |
Bitget NMRUSDT
Binance NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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: −0.085% → −0.019%
- −$6.57
- Slippage, 4 orders
- −$67
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$95.58
- Costs to cover
- 0.890%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 44 min ago; Binance: 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 Bitget live order book, 44 min ago | 2.12 bp | 22.1 bp −$22 | 96.8 bp −$968 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 1.59 bp | 18.4 bp −$18 | 68.5 bp −$685 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDTshort | +0.0100% | 4h | 9.4510 | −0.085% | $2.0M | $2.2M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4520 | −0.074% | $623K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4390 | −0.211% | $418K | $391K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4660 | +0.074% | $225K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4520 | −0.074% | $5.0M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4540 | −0.053% | $284K | $37K | 30x | as long as short |
| Bitget NMRUSDTlong | +0.0100% | 4h | 9.4590 | long leg | $863K | $167K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4520 | −0.074% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4539 | −0.054% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0152% | 1h | 9.4631 | +0.043% | $47K | $20K | 3x | as long as short |
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
BingX NMR-USDT
Variational Omni NMR
Lighter NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2293% | 1h | 9.4722 | +0.139% | $27K | $13K | 10x | as long as short |
Kraken Futures PF_NMRUSD