Settings8H · net · $10k
Funding arb · Price arb /

NMR

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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.001%$0 on $10k · with fees, hour by hour
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NMR_USDT9.49300.0100pay 0.0100% / 8h1h 33m$228K$65K50x
ShortKuCoin NMRUSDTM9.49510.0100get 0.0050% / 4h1h 33m$281K$34K30x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 3 min ago6.32 bp41.2 bp −$41doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 9 min ago19.99 bp157.6 bp −$158doesn't fitdoesn't fitdoesn't fit

NMR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter NMR+0.0096%1h9.4995+0.068%$47K$18K3xas long as short
Binance NMRUSDT+0.0100%4h9.4910−0.021%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4900−0.032%$619K$215K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4770−0.169%$432K$396K20xas long as short
Gate NMR_USDTlong+0.0100%8h9.4930long leg$228K$65K50x
MEXC NMR_USDT+0.0100%4h9.4920−0.011%$5.0M$160K50xas long as short
KuCoin NMRUSDTMshort+0.0100%4h9.4951+0.022%$281K$34K30x
Bitget NMRUSDT+0.0100%4h9.4950+0.021%$868K$132K50xas long as short
BingX NMR-USDT+0.0100%4h9.4900−0.032%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4828−0.107%$2K$463as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2310%1h9.5099+0.178%$27K$15K10xas long as short