Funding you earn now, next payment 11:00 UTC+0.2539%/8h= +278.0% APRpaid last 24h +2.592%
Price spread now: Kraken Futures against MEXC+0.072%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 +$76 a day on $10k at the current rate, and Kraken Futures is 0.072% dearer against MEXC than usual: you sell high and buy low: +$7 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 | MEXC NMR_USDT | 9.5020 | 0.0100 | pay 0.0050% / 4h | 1h 55m | $5.0M | $153K | 50x |
| Short | Kraken Futures PF_NMRUSD | 9.5088 | 0.2639 | get 0.0330% / 1h | 55m 50s | $28K | $11K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Kraken Futures against MEXC. 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
- $533.17
- Price spread: +0.072% → 0.000%
- $7.17
- Slippage, 4 orders
- no order book: not counted
- Fee MEXC: 2 bp × 2 orders
- −$4
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $526.33
- Costs to cover
- 0.140%
- Break-even
- 0.1 days
Slippage unknown: MEXC: live order book, 5 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 MEXC live order book, 5 min ago | 3.15 bp | 9.5 bp −$10 | 26.7 bp −$267 | 79.3 bp −$7,930 | 331.2 bp −$165.6K |
| 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 exchanges
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 | 9.5035 | +0.016% | $47K | $12K | 3x | as long as short |
| Binance NMRUSDT | +0.0100% | 4h | 9.5014 | −0.006% | $2.0M | $2.0M | 50x | as long as short |
| Bybit NMRUSDT | +0.0100% | 4h | 9.5100 | +0.084% | $620K | $176K | 50x | as long as short |
| OKX NMR-USDT-SWAP | +0.0100% | 4h | 9.5030 | +0.011% | $436K | $254K | 20x | as long as short |
| Gate NMR_USDT | +0.0100% | 8h | 9.5170 | +0.158% | $229K | $50K | 50x | as long as short |
| MEXC NMR_USDTlong | +0.0100% | 4h | 9.5020 | long leg | $5.0M | $153K | 50x | |
| KuCoin NMRUSDTM | +0.0100% | 4h | 9.5080 | +0.063% | $267K | $34K | 30x | as long as short |
| Bitget NMRUSDT | +0.0100% | 4h | 9.5120 | +0.105% | $864K | $100K | 50x | as long as short |
| BingX NMR-USDT | +0.0100% | 4h | 9.5070 | +0.053% | — | $2.4M | — | as long as short |
| Variational Omni NMR | +0.0100% | 4h | 9.5123 | +0.108% | $2K | $133 | — | as long as short |
Show all 11 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NMRUSDshort | +0.2639% | 1h | 9.5088 | +0.072% | $28K | $11K | 10x |
MEXC NMR_USDT
Kraken Futures PF_NMRUSD
Lighter NMR
Binance NMRUSDT
Bybit NMRUSDT
OKX NMR-USDT-SWAP
Gate NMR_USDT
KuCoin NMRUSDTM
Bitget NMRUSDT
BingX NMR-USDT
Variational Omni NMR