Spread before costs (cost unknown: a leg has no order-book sample)−0.972%
7d average—if it closes, per $10,000$97funding while held, a day−$621.34
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Kraken Futures PF_NMRUSD | 9.5408 | 2.0811 | pay 0.2601% / 1h | 26m 45s | $26K | $13K | 10x |
| Short | Bybit NMRUSDT | 9.4480 | 0.0100 | get 0.0050% / 4h | 3h 26m | $617K | $194K | 50x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$97.22
- Funding while held
- −$621.34
- Slippage, 4 orders
- no order book: not counted
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$739.56
- Spread needed to break even
- 0.210%
Slippage unknown: Kraken Futures: no order-book sample; Bybit: live order book, 10 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −2.0711%
- Per $10,000 a day
- −$621.34
- Average in range /8h
- —
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 Kraken Futures no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 10 min ago | 6.35 bp | 41.0 bp −$41 | 643.2 bp −$6,432 | doesn't fit | doesn't fit |
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
NMR price on every exchange
against the cheapest. Click to use as the short leg.NMR on 11 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX NMR-USDT-SWAP | −1.140% | +0.0100% | 4h | $414K | $377K | 20x | as long as short |
| MEXC NMR_USDT | −1.025% | +0.0100% | 4h | $5.0M | $165K | 50x | as long as short |
| KuCoin NMRUSDTM | −1.015% | +0.0100% | 4h | $262K | $32K | 30x | as long as short |
| Binance NMRUSDT | −0.993% | +0.0100% | 4h | $2.0M | $2.0M | 50x | as long as short |
| Bitget NMRUSDT | −0.983% | +0.0100% | 4h | $860K | $163K | 50x | as long as short |
| Bybit NMRUSDTshort | −0.972% | +0.0100% | 4h | $617K | $194K | 50x | |
| BingX NMR-USDT | −0.962% | +0.0100% | 4h | — | $2.4M | — | as long as short |
| Lighter NMR | −0.937% | +0.0096% | 1h | $47K | $21K | 3x | as long as short |
| Gate NMR_USDT | −0.878% | +0.0438% | 8h | $216K | $76K | 50x | as long as short |
| Variational Omni NMR | −0.872% | +0.0100% | 4h | $2K | $441 | — | as long as short |
Show all 11 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDlong | 0.000% | +2.0811% | 1h | $26K | $13K | 10x |
Kraken Futures PF_NMRUSD
Bybit NMRUSDT
OKX
MEXC
KuCoin
Binance
Bitget
BingX
Lighter
Gate
Variational Omni