Settings8H · net · $10k
Funding arb · Price arb /

NMR

all NMR markets
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Alert: funding
Alert: spread
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 Bitget+0.011%7-day average −0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1251.251% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.120%+$12 · spread now +0.011%, 7d avg −0.012%
Together, before fees+0.120%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% dearer against Bitget than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.41000.0100pay 0.0050% / 4h2h 56m$859K$174K50x
ShortBybit NMRUSDT9.41100.0100get 0.0050% / 4h2h 56m$615K$203K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: +0.011% → −0.012%
$2.27
Slippage, 4 orders
−$102.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$122.8
Costs to cover
1.251%
Break-even
never at this rate
Slippage from Bitget: live order book, 28 min ago; Bybit: live order book, 27 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 28 min ago4.79 bp22.7 bp −$2393.7 bp −$937doesn't fitdoesn't fit
Sell Bybit live order book, 27 min ago4.78 bp38.7 bp −$39707.5 bp −$7,075doesn't fitdoesn't fit

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMR+0.0096%1h9.4062−0.040%$47K$21K3xas long as short
Binance NMRUSDT+0.0100%4h9.4010−0.096%$2.0M$2.1M50xas long as short
Bybit NMRUSDTshort+0.0100%4h9.4110+0.011%$615K$203K50x
OKX NMR-USDT-SWAP+0.0100%4h9.3840−0.276%$415K$388K20xas long as short
Gate NMR_USDT+0.0100%8h9.4190+0.096%$222K$73K50xas long as short
MEXC NMR_USDT+0.0100%4h9.3970−0.138%$5.0M$158K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4040−0.064%$282K$37K30xas long as short
Bitget NMRUSDTlong+0.0100%4h9.4100long leg$859K$174K50x
BingX NMR-USDT+0.0100%4h9.3990−0.117%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4166+0.071%$2K$442as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.1456%1h9.4114+0.015%$27K$15K10xas long as short