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: KuCoin against Bybit−0.098%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costs−$454as in the Funding arb table
Net, price: spread back to 7d avg − costs−$464as in the Price arb table
costs, in and out, $10k−$4534.532% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)−0.008%−$1 · spread now −0.098%, 7d avg +0.008%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.106% cheaper against Bybit than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NMRUSDT | 9.4720 | 0.0100 | pay 0.0050% / 4h | 24m 08s | $621K | $208K | 50x |
| Short | KuCoin NMRUSDTM | 9.4627 | 0.0100 | get 0.0050% / 4h | 24m 08s | $281K | $34K | 30x |
Bybit NMRUSDT
KuCoin NMRUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.098% → +0.008%
- −$10.59
- Slippage, 4 orders
- −$430.25
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$463.84
- Costs to cover
- 4.532%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 26 min ago; KuCoin: live order book, 57 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 Bybit live order book, 26 min ago | 3.18 bp | 43.2 bp −$43 | 357.5 bp −$3,575 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 57 min ago | 16.26 bp | 190.0 bp −$190 | 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 | 9.4761 | +0.043% | $47K | $19K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4778 | +0.062% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.4720 | long leg | $621K | $208K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4620 | −0.106% | $422K | $384K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.4750 | +0.032% | $228K | $75K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4730 | +0.011% | $5.0M | $163K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4627 | −0.098% | $281K | $34K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4520 | −0.211% | $865K | $137K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4660 | −0.063% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4632 | −0.092% | $2K | $574 | — | as long as short |
Lighter NMR
Binance NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
MEXC NMR_USDT
Bitget NMRUSDT
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 | +0.0676% | 1h | 9.4990 | +0.285% | $27K | $16K | 10x | as long as short |
Kraken Futures PF_NMRUSD