Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.037%
Price spread now: Phemex against Binance0.000%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1541.541% of the position
Funding, last 7 days−0.125%−$12 on $10k
+Price spread, last 2 days (all we have)−0.014%−$1 · spread now 0.000%, 7d avg −0.003%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance NOKUSDT | 11.030 | 0 | get 0.0000% / 8h | 7h 52m | $7.5M | $8.7M | 20x |
| Short | Phemex NOKUSDT | 11.030 | 0 | get 0.0000% / 8h | 7h 52m | $1.6M | $519K | 10x |
Binance NOKUSDT
Phemex NOKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: 0.000% → −0.003%
- $0.33
- Slippage, 4 orders
- −$132.12
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$153.78
- Costs to cover
- 1.541%
- Break-even
- never at this rate
Slippage from Binance: live order book, 1 min ago; Phemex: 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, 1 min ago | 4.54 bp | 18.3 bp −$18 | 54.8 bp −$548 | 228.4 bp −$22.8K | doesn't fit |
| Sell Phemex live order book, 5 min ago | 9.10 bp | 57.7 bp −$58 | 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 | 11.022 | −0.076% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 11.028 | −0.022% | $37K | $202K | 10x | as long as short |
| Binance NOKUSDTlong | 0.0000% | 8h | 11.030 | long leg | $7.5M | $8.7M | 20x | |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.043 | +0.118% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 11.030 | 0.000% | $1.6M | $113K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 11.036 | +0.054% | $1.5M | $567K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 11.014 | −0.149% | $70K | $55K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.991 | −0.356% | $3K | $160K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 11.020 | −0.091% | $1K | $1.5M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 11.010 | −0.181% | $9K | $5K | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
OKX NOK-USDT-SWAP
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NOKUSDTshort | 0.0000% | 8h | 11.030 | 0.000% | $1.6M | $519K | 10x | |
| Lighter NOK | +0.0032% | 1h | 11.009 | −0.190% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 11.020 | −0.091% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 11.020 | −0.091% | $300K | $282K | 20x | as long as short |
| Gate NOK_USDT | +0.0289% | 8h | 11.038 | +0.073% | $990K | $993K | 50x | as long as short |
| tradeXYZ xyz:NOK | +0.0980% | 1h | 11.038 | +0.073% | $4.3M | $1.0M | 10x | as long as short |
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM
Gate NOK_USDT
tradeXYZ xyz:NOK