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

NMR

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: Gate against KuCoin−0.080%7-day average +0.058% · you buy dearer than you sell
Net, funding: paid 7d − costs−$487as in the Funding arb table
Net, price: spread back to 7d avg − costs−$501as in the Price arb table
costs, in and out, $10k−$4874.873% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.005%$0 on $10k
Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.080%, 7d avg +0.058%
Together, before fees+0.079%+$8 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: Gate is 0.139% cheaper against KuCoin than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.058%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NMRUSDTM9.47260.0100pay 0.0050% / 4h49m 13s$284K$37K30x
ShortGate NMR_USDT9.46500.0100get 0.0100% / 8h49m 13s$225K$74K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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: −0.080% → +0.058%
−$13.87
Slippage, 4 orders
−$460.25
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$501.12
Costs to cover
4.873%
Break-even
never at this rate
Slippage from KuCoin: live order book, 12 min ago; Gate: live order book, 22 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 KuCoin live order book, 12 min ago22.19 bp247.8 bp −$248doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 22 min ago4.22 bp34.0 bp −$34doesn'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
Binance NMRUSDT+0.0100%4h9.4723−0.003%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4680−0.049%$624K$214K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4570−0.165%$418K$397K20xas long as short
Gate NMR_USDTshort+0.0100%8h9.4650−0.080%$225K$74K50x
MEXC NMR_USDT+0.0100%4h9.4730+0.004%$5.0M$158K50xas long as short
KuCoin NMRUSDTMlong+0.0100%4h9.4726long leg$284K$37K30x
Bitget NMRUSDT+0.0100%4h9.4710−0.017%$864K$168K50xas long as short
BingX NMR-USDT+0.0100%4h9.4740+0.015%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4738+0.013%$2K$442as long as short
Lighter NMR+0.0216%1h9.4796+0.074%$47K$20K3xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2288%1h9.4920+0.205%$27K$13K10xas long as short