Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: MEXC against Bitget−0.064%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$630.627% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.064%, 7d avg −0.029%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: MEXC is 0.035% cheaper against Bitget than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NMRUSDT | 9.4450 | 0.0100 | pay 0.0050% / 4h | 48m 53s | $864K | $139K | 50x |
| Short | MEXC NMR_USDT | 9.4390 | 0.0100 | get 0.0050% / 4h | 48m 53s | $5.0M | $162K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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: −0.064% → −0.029%
- −$3.49
- Slippage, 4 orders
- −$46.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- −$66.24
- Costs to cover
- 0.627%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 7 min ago; MEXC: live order book, 4 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, 7 min ago | 4.22 bp | 22.1 bp −$22 | 91.7 bp −$917 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 1.59 bp | 5.9 bp −$6 | 25.7 bp −$257 | 63.2 bp −$6,319 | 235.8 bp −$117.9K |
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 | 9.4475 | +0.026% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4410 | −0.042% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4450 | 0.000% | $623K | $206K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4350 | −0.106% | $420K | $382K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4500 | +0.053% | $228K | $74K | 50x | as long as short |
| MEXC NMR_USDTshort | +0.0100% | 4h | 9.4390 | −0.064% | $5.0M | $162K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4410 | −0.042% | $280K | $35K | 30x | as long as short |
| Bitget NMRUSDTlong | +0.0100% | 4h | 9.4450 | long leg | $864K | $139K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4440 | −0.011% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4558 | +0.115% | $2K | $574 | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.0676% | 1h | 9.4996 | +0.579% | $27K | $16K | 10x | as long as short |
Bitget NMRUSDT
MEXC NMR_USDT
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
KuCoin NMRUSDTM
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD