Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Binance against Gate−0.086%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs−$138as in the Funding arb table
Net, price: spread back to 7d avg − costs−$140as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.145%+$15 · spread now −0.086%, 7d avg −0.071%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4200 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $223K | $74K | 50x |
| Short | Binance NMRUSDT | 9.4119 | 0.0100 | get 0.0050% / 4h | 2h 49m | $2.0M | $2.1M | 50x |
Gate NMR_USDT
Binance NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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: −0.086% → −0.071%
- −$1.44
- Slippage, 4 orders
- −$113.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$139.67
- Costs to cover
- 1.382%
- Break-even
- never at this rate
Slippage from Gate: live order book, 34 min ago; Binance: live order book, 15 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 Gate live order book, 34 min ago | 12.22 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 3.19 bp | 21.5 bp −$21 | 71.1 bp −$711 | 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 | 9.4200 | 0.000% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDTshort | +0.0100% | 4h | 9.4119 | −0.086% | $2.0M | $2.1M | 50x | |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4060 | −0.149% | $614K | $202K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3940 | −0.276% | $415K | $386K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4200 | long leg | $223K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4100 | −0.106% | $5.0M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4101 | −0.105% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4100 | −0.106% | $859K | $170K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4000 | −0.212% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.3930 | −0.286% | $2K | $442 | — | as long as short |
Lighter NMR
Bybit NMRUSDT
OKX NMR-USDT-SWAP
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 | +0.1455% | 1h | 9.4210 | +0.010% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD