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 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.003%
Price spread now: Gate against Bitget−0.053%7-day average +0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$147as in the Price arb table
costs, in and out, $10k−$1361.361% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.003%$0 on $10k
Price spread, last 4 days (all we have)+0.098%+$10 · spread now −0.053%, 7d avg +0.053%
Together, before fees+0.101%+$10 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: Gate is 0.106% cheaper against Bitget than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.053%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NMRUSDT9.45200.0100pay 0.0050% / 4h2h 55m$857K$164K50x
ShortGate NMR_USDT9.44700.0100get 0.0100% / 8h6h 55m$229K$79K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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: −0.053% → +0.053%
−$10.56
Slippage, 4 orders
−$109.07
Fee Bitget: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$146.63
Costs to cover
1.361%
Break-even
never at this rate
Slippage from Bitget: live order book, 11 min ago; Gate: live order book, 6 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, 11 min ago4.73 bp24.0 bp −$2481.4 bp −$814doesn't fitdoesn't fit
Sell Gate live order book, 6 min ago4.22 bp49.3 bp −$49doesn't fitdoesn'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%1h9.4485−0.037%$47K$20K3xas long as short
Binance NMRUSDT+0.0100%4h9.4480−0.042%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4440−0.085%$622K$214K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4340−0.190%$416K$392K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.4470−0.053%$229K$79K50x
MEXC NMR_USDT+0.0100%4h9.4470−0.053%$5.0M$164K50xas long as short
KuCoin NMRUSDTM+0.0100%4h9.4413−0.113%$280K$37K30xas long as short
Bitget NMRUSDTlong+0.0100%4h9.4520long leg$857K$164K50x
BingX NMR-USDT+0.0100%4h9.4420−0.106%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4475−0.047%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2427%1h9.5257+0.780%$27K$15K10xas long as short