Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Bitget−0.190%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$122as in the Funding arb table
Net, price: spread back to 7d avg − costs−$127as in the Price arb table
costs, in and out, $10k−$1151.149% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.292%+$29 · spread now −0.190%, 7d avg −0.071%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.120% cheaper against Bitget than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of −0.071%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NMRUSDT | 9.4560 | 0.0100 | pay 0.0050% / 4h | 3h 08m | $866K | $130K | 50x |
| Short | OKX NMR-USDT-SWAP | 9.4380 | 0.0100 | get 0.0050% / 4h | 3h 08m | $422K | $378K | 20x |
Bitget NMRUSDT
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.190% → −0.071%
- −$11.97
- Slippage, 4 orders
- −$92.89
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$126.86
- Costs to cover
- 1.149%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 43 min ago; OKX: live order book, 43 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, 43 min ago | 4.74 bp | 22.0 bp −$22 | 84.3 bp −$843 | doesn't fit | doesn't fit |
| Sell OKX live order book, 43 min ago | 3.70 bp | 28.7 bp −$29 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter NMR | +0.0096% | 1h | 9.4531 | −0.031% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4530 | −0.032% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4560 | 0.000% | $617K | $212K | 50x | as long as short |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.4380 | −0.190% | $422K | $378K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4590 | +0.032% | $228K | $65K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4500 | −0.063% | $5.0M | $157K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4560 | 0.000% | $280K | $34K | 30x | as long as short |
| Bitget NMRUSDTlong | +0.0100% | 4h | 9.4560 | long leg | $866K | $130K | 50x | |
| BingX NMR-USDT | +0.0100% | 4h | 9.4500 | −0.063% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4657 | +0.103% | $2K | $463 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
BingX NMR-USDT
Variational Omni NMRShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2579% | 1h | 9.4876 | +0.334% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD