Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.014%
Price spread now: OKX against Bybit−0.021%7-day average −0.057% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1591.593% of the position
Funding, last 7 days−0.066%−$7 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now −0.021%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.036% dearer against Bybit than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.057%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit NMRUSDT | 9.4170 | 0.0100 | pay 0.0050% / 4h | 2h 22m | $615K | $201K | 50x |
| Short | OKX NMR-USDT-SWAP | 9.4150 | 0.0100 | get 0.0050% / 4h | 2h 22m | $416K | $386K | 20x |
Bybit NMRUSDT
OKX NMR-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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: −0.021% → −0.057%
- $3.6
- Slippage, 4 orders
- −$138.26
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$155.66
- Costs to cover
- 1.593%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 62 min ago; OKX: live order book, 63 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, 62 min ago | 4.78 bp | 49.2 bp −$49 | 1193.2 bp −$11.9K | doesn't fit | doesn't fit |
| Sell OKX live order book, 63 min ago | 4.26 bp | 30.6 bp −$31 | 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 | 9.4340 | +0.181% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4254 | +0.089% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDTlong | +0.0100% | 4h | 9.4170 | long leg | $615K | $201K | 50x | |
| OKX NMR-USDT-SWAPshort | +0.0100% | 4h | 9.4150 | −0.021% | $416K | $386K | 20x | |
| Gate NMR_USDT | +0.0100% | 8h | 9.4360 | +0.202% | $223K | $74K | 50x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4230 | +0.064% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4112 | −0.062% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4170 | 0.000% | $860K | $168K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4190 | +0.021% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4147 | −0.025% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Gate NMR_USDT
MEXC NMR_USDT
KuCoin NMRUSDTM
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 | +0.1453% | 1h | 9.4363 | +0.205% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD