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

NMR

all NMR markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against MEXC+0.091%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$413as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4134.128% 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)−0.004%$0 · spread now +0.091%, 7d avg +0.023%
Together, before fees−0.009%−$1 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 0.068% dearer against MEXC than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of +0.023%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NMR_USDT9.46200.0100pay 0.0050% / 4h2h 41m$5.0M$164K50x
ShortKuCoin NMRUSDTM9.47060.0100get 0.0050% / 4h2h 41m$281K$37K30x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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: +0.091% → +0.023%
$6.82
Slippage, 4 orders
−$396.79
Fee MEXC: 2 bp × 2 orders
−$4
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$405.97
Costs to cover
4.128%
Break-even
never at this rate
Slippage from MEXC: live order book, 11 min ago; KuCoin: live order book, 69 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 MEXC live order book, 11 min ago3.69 bp9.8 bp −$1025.5 bp −$25587.8 bp −$8,781346.6 bp −$173.3K
Sell KuCoin live order book, 69 min ago13.71 bp162.4 bp −$162doesn'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%1h9.4616−0.004%$47K$20K3xas long as short
Binance NMRUSDT+0.0100%4h9.4622+0.002%$2.0M$2.2M50xas long as short
Bybit NMRUSDT+0.0100%4h9.4670+0.053%$623K$213K50xas long as short
OKX NMR-USDT-SWAP+0.0100%4h9.4500−0.127%$418K$395K20xas long as short
Gate NMR_USDT+0.0100%8h9.4760+0.148%$229K$79K50xas long as short
MEXC NMR_USDTlong+0.0100%4h9.4620long leg$5.0M$164K50x
KuCoin NMRUSDTMshort+0.0100%4h9.4706+0.091%$281K$37K30x
Bitget NMRUSDT+0.0100%4h9.4650+0.032%$858K$164K50xas long as short
BingX NMR-USDT+0.0100%4h9.4680+0.063%$2.4Mas long as short
Variational Omni NMR+0.0100%4h9.4710+0.095%$2K$574as long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_NMRUSD+0.2425%1h9.5348+0.769%$27K$15K10xas long as short