Funding you earn now, next payment 16:00 UTC−0.1082%/8h= −118.5% APRnext payment −$10.82 per $10,000 · paid last 24h −0.010%
Price spread now: Bitget against Binance+0.438%7-day average +0.213% · you sell dearer than you buy
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$80as in the Price arb table
costs, in and out, $10k−$1031.026% of the position
Funding, last 7 days+0.094%+$9 on $10k
+Price spread, last 7 days−0.150%−$15 · spread now +0.438%, 7d avg +0.213%
=The price spread pays, funding is against you. Bitget is 0.225% dearer against Binance than usual: you sell high and buy low (spread +0.438% now, against its 7-day average of +0.213%): +$22 on $10k if it goes back. Holding the pair costs −$32 a day in funding at the current rate, which eats that in about 17 hours. Mind the row above: over the last 7 days funding on this pair paid +0.094%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.094% in total (about 4.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NOKUSDT | 10.730 | 0.0510 | pay 0.0510% / 8h | 7h 57m | $7.2M | $10.1M | 20x |
| Short | Bitget NOKSTOCKUSDT | 10.777 | −0.0572 | pay 0.0572% / 8h | 7h 57m | $1.5M | $566K | 20x |
Binance NOKUSDT
Bitget NOKSTOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$227.26
- Price spread: +0.438% → +0.213%
- $22.49
- Slippage, 4 orders
- −$80.61
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$307.38
- Costs to cover
- 1.026%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; Bitget: live order book, 5 min ago.
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 Binance live order book, 13 min ago | 4.64 bp | 17.4 bp −$17 | 56.9 bp −$569 | 241.8 bp −$24.2K | doesn't fit |
| Sell Bitget live order book, 5 min ago | 18.54 bp | 38.0 bp −$38 | 108.9 bp −$1,089 | doesn't fit | doesn't fit |
NOK on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NOKSTOCKUSDTshort | −0.0572% | 8h | 10.777 | +0.438% | $1.5M | $566K | 20x | |
| Vest NOK-PERP | −0.0001% | 1h | 10.690 | −0.373% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.734 | +0.033% | $65K | $7K | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 10.739 | +0.084% | $936K | $991K | 50x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.750 | +0.186% | $3K | $116K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.740 | +0.093% | $1K | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.730 | 0.000% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.730 | 0.000% | $1.6M | $625K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.704 | −0.242% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0051% | 8h | 10.730 | 0.000% | $1.2M | $1.2M | 20x | as long as short |
Vest NOK-PERP
Aster NOKUSDT
Gate NOK_USDT
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
OKX NOK-USDT-SWAPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.780 | +0.466% | $294K | $442K | 20x | as long as short |
| Variational Omni NOK | +0.0257% | 8h | 10.754 | +0.219% | $129K | $118K | — | as long as short |
| tradeXYZ xyz:NOK | +0.0288% | 1h | 10.711 | −0.177% | $4.4M | $1.4M | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0506% | 8h | 10.730 | 0.000% | $1.5M | $117K | 50x | as long as short |
| Binance NOKUSDTlong | +0.0510% | 8h | 10.730 | long leg | $7.2M | $10.1M | 20x | |
| Extended NOK-USD | +0.0512% | 1h | 10.727 | −0.026% | $36K | $281K | 10x | as long as short |
KuCoin NOKUSDTM
Variational Omni NOK
tradeXYZ xyz:NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD