NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0178%/8h= −19.4% APRnext payment −$1.78 per $10,000 · paid last 24h −0.007%

Price spread now: KuCoin against Binance−0.047%7-day average −0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$316as in the Funding arb table

Net, price: spread back to 7d avg − costs−$327as in the Price arb table

costs, in and out, $10k−$3253.247% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$9 on $10k

Price spread, last 4 days (all we have)−0.257%−$26 · spread now −0.047%, 7d avg −0.021%

Together, before fees−0.171%−$17 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and KuCoin is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.085%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOKUSDT	10.925	0.0278	pay 0.0278% / 8h	1h 11m	$7.3M	$9.6M	20x
Short	KuCoin NOKUSDTM	10.920	0.0100	get 0.0100% / 8h	1h 11m	$297K	$445K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee KuCoinbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$37.29
Price spread: −0.047% → −0.021%: −$2.61
Slippage, 4 orders: −$302.7
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$364.6
Costs to cover: 3.247%
Break-even: never at this rate

Slippage from Binance: live order book, 13 min ago; KuCoin: live order book, 32 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	4.58 bp	12.6 bp −$13	57.0 bp −$570	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	9.18 bp	106.3 bp −$106	doesn't fit	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
Aster NOKUSDT	0.0000%	8h	10.921	−0.042%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.931	+0.054%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.930	+0.045%	$1.5M	$578K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.930	+0.045%	$3K	$126K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.920	−0.047%	$1K	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.045%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.920	−0.047%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.904	−0.193%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.230%	—	—	10x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	10.920	−0.047%	$297K	$445K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0104%	8h	10.923	−0.019%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0134%	8h	10.929	+0.035%	$946K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0149%	1h	10.908	−0.157%	$4.3M	$1.2M	10x	as long as short
Extended NOK-USD	+0.0272%	1h	10.919	−0.058%	$41K	$160K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0275%	8h	10.920	−0.047%	$1.5M	$117K	50x	as long as short
Binance NOKUSDTlong	+0.0278%	8h	10.925	long leg	$7.3M	$9.6M	20x