Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: BingX against Gate−0.244%7-day average −0.075% · you buy dearer than you sell
Net, funding: paid 7d − costs−$145as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1451.448% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.086%+$9 · spread now −0.244%, 7d avg −0.075%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: BingX is 0.169% cheaper against Gate than usual: you would sell low and buy high, −$17 on $10k if it goes back to its 7-day average of −0.075%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4230 | 0.0100 | pay 0.0100% / 8h | 2h 48m | $223K | $74K | 50x |
| Short | BingX NMR-USDT | 9.4000 | 0.0100 | get 0.0050% / 4h | 2h 48m | — | $2.4M | — |
Gate NMR_USDT
BingX NMR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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: −0.244% → −0.075%
- −$16.92
- Slippage, 4 orders
- −$119.77
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$161.69
- Costs to cover
- 1.448%
- Break-even
- never at this rate
Slippage from Gate: live order book, 35 min ago; BingX: live order book, 1 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, 35 min ago | 12.22 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 1 min ago | 5.32 bp | 30.7 bp −$31 | 61.1 bp −$611 | 441.3 bp −$44.1K | 514.2 bp −$257.1K |
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 | 9.4191 | −0.041% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4175 | −0.059% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4170 | −0.064% | $615K | $201K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3910 | −0.340% | $415K | $384K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4230 | long leg | $223K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4070 | −0.170% | $5.0M | $159K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4003 | −0.241% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4190 | −0.042% | $860K | $170K | 50x | as long as short |
| BingX NMR-USDTshort | +0.0100% | 4h | 9.4000 | −0.244% | — | $2.4M | — | |
| Variational Omni NMR | +0.0100% | 4h | 9.3930 | −0.318% | $2K | $442 | — | as long as short |
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
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 | 9.4193 | −0.039% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD