Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.003%
Price spread now: KuCoin against Gate+0.022%7-day average −0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$474as in the Funding arb table
Net, price: spread back to 7d avg − costs−$466as in the Price arb table
costs, in and out, $10k−$4744.737% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.022%, 7d avg −0.057%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.079% dearer against Gate than usual: you sell high and buy low, +$8 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 | Gate NMR_USDT | 9.4930 | 0.0100 | pay 0.0100% / 8h | 1h 33m | $228K | $65K | 50x |
| Short | KuCoin NMRUSDTM | 9.4951 | 0.0100 | get 0.0050% / 4h | 1h 33m | $281K | $34K | 30x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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: +0.022% → −0.057%
- $7.86
- Slippage, 4 orders
- −$446.67
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$465.81
- Costs to cover
- 4.737%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; KuCoin: live order book, 9 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, 3 min ago | 6.32 bp | 41.2 bp −$41 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 9 min ago | 19.99 bp | 157.6 bp −$158 | 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 | 9.4995 | +0.068% | $47K | $18K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.4910 | −0.021% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.4900 | −0.032% | $619K | $215K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.4770 | −0.169% | $432K | $396K | 20x | as long as short |
| Gate NMR_USDTlong | +0.0100% | 8h | 9.4930 | long leg | $228K | $65K | 50x | |
| MEXC NMR_USDT | +0.0100% | 4h | 9.4920 | −0.011% | $5.0M | $160K | 50x | as long as short |
| KuCoin NMRUSDTMshort | +0.0100% | 4h | 9.4951 | +0.022% | $281K | $34K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.4950 | +0.021% | $868K | $132K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.4900 | −0.032% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.4828 | −0.107% | $2K | $463 | — | as long as short |
Show all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSD | +0.2310% | 1h | 9.5099 | +0.178% | $27K | $15K | 10x | as long as short |
Gate NMR_USDT
KuCoin NMRUSDTM
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Kraken Futures PF_NMRUSD