Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Bybit against Gate+0.021%7-day average −0.064% · you sell dearer than you buy
Net, funding: paid 7d − costs−$178as in the Funding arb table
Net, price: spread back to 7d avg − costs−$170as in the Price arb table
costs, in and out, $10k−$1781.782% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.021%, 7d avg −0.064%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.085% dearer against Gate than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.064%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate NMR_USDT | 9.4140 | 0.0100 | pay 0.0100% / 8h | 2h 54m | $223K | $74K | 50x |
| Short | Bybit NMRUSDT | 9.4160 | 0.0100 | get 0.0050% / 4h | 2h 54m | $615K | $202K | 50x |
Gate NMR_USDT
Bybit NMRUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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: +0.021% → −0.064%
- $8.53
- Slippage, 4 orders
- −$152.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$169.7
- Costs to cover
- 1.782%
- Break-even
- never at this rate
Slippage from Gate: live order book, 29 min ago; Bybit: live order book, 29 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, 29 min ago | 12.22 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 29 min ago | 4.78 bp | 38.7 bp −$39 | 707.5 bp −$7,075 | 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 | 9.4120 | −0.021% | $47K | $21K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4081 | −0.063% | $2.0M | $2.1M | 50x | as long as short |
| Bybit NMRUSDTshort | +0.0100% | 4h | 9.4160 | +0.021% | $615K | $202K | 50x | |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.3820 | −0.340% | $415K | $385K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4140 | long leg | $223K | $74K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4060 | −0.085% | $5.0M | $158K | 50x | as long as short |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.4183 | +0.046% | $282K | $37K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4140 | 0.000% | $859K | $170K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.3970 | −0.181% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.3975 | −0.176% | $2K | $442 | — | as long as short |
Lighter NMR
Binance 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 | +0.1454% | 1h | 9.4252 | +0.119% | $27K | $15K | 10x | as long as short |
Kraken Futures PF_NMRUSD