Funding you earn now, next payment 01:00 UTC+0.1992%/8h= +218.2% APRpaid last 24h +2.571%
Price spread now: Kraken Futures against KuCoin+0.414%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$60 a day on $10k at the current rate, and Kraken Futures is 0.414% dearer against KuCoin than usual: you sell high and buy low: +$41 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NMRUSDTM | 9.5093 | 0.0100 | pay 0.0050% / 4h | 3h 25m | $286K | $36K | 30x |
| Short | Kraken Futures PF_NMRUSD | 9.5487 | 0.2092 | get 0.0262% / 1h | 25m 41s | $27K | $14K | 10x |
KuCoin NMRUSDTM
Kraken Futures PF_NMRUSDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against KuCoin. 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
- $418.41
- Price spread: +0.414% → 0.000%
- $41.45
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $437.85
- Costs to cover
- 0.220%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 25 min ago; Kraken Futures: no order-book sample. Net counts fees only.
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 KuCoin live order book, 25 min ago | 13.71 bp | 229.3 bp −$229 | doesn't fit | doesn't fit | doesn't fit |
| Sell Kraken Futures no order-book sample | — | — | — | — | — |
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 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance NMRUSDT | +0.0100% | 4h | 9.5218 | +0.131% | $2.0M | $2.2M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5200 | +0.113% | $628K | $211K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5090 | −0.003% | $420K | $395K | 20x | as long as short |
| MEXC NMR_USDT | +0.0100% | 4h | 9.5210 | +0.123% | $5.0M | $162K | 50x | as long as short |
| KuCoin NMRUSDTMlong | +0.0100% | 4h | 9.5093 | long leg | $286K | $36K | 30x | |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5300 | +0.218% | $864K | $162K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5120 | +0.028% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5179 | +0.091% | $2K | $442 | — | as long as short |
| Lighter NMR | +0.0184% | 1h | 9.5228 | +0.142% | $47K | $20K | 3x | as long as short |
| Gate NMR_USDT | +0.0553% | 8h | 9.5130 | +0.039% | $225K | $76K | 50x | as long as short |
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
MEXC NMR_USDT
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR
Lighter NMR
Gate NMR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDshort | +0.2092% | 1h | 9.5487 | +0.414% | $27K | $14K | 10x |