Funding you earn now, next payment 03:00 UTC+0.0442%/8h= +48.4% APRpaid last 24h +0.037%
Price spread now: tradeXYZ against Binance−0.082%7-day average −0.019% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$85as in the Price arb table
costs, in and out, $10k−$790.788% of the position
Funding, last 7 days+0.256%+$26 on $10k
+Price spread, last 2 days (all we have)+0.097%+$10 · spread now −0.082%, 7d avg −0.019%
=Together, before fees+0.353%+ Points / potential airdroptradeXYZ: Active · farm board+$35 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.063% cheaper against Binance than usual: you would sell low and buy high (spread −0.082% now, against its 7-day average of −0.019%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.256% in total) that is about 41 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.256% in total (about 13.4% a year). A funding rate is set anew for every payment. 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 | 11.030 | 0 | get 0.0000% / 8h | 5h 51m | $7.5M | $8.9M | 20x |
| Short | tradeXYZ xyz:NOK | 11.021 | 0.0442 | get 0.0055% / 1h | 51m 24s | $4.2M | $1.1M | 10x |
Binance NOKUSDT
tradeXYZ xyz:NOKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $92.83
- Price spread: −0.082% → −0.019%
- −$6.31
- Slippage, 4 orders
- −$50.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $7.75
- Costs to cover
- 0.788%
- Break-even
- 6.4 days
Slippage from Binance: live order book, 3 min ago; tradeXYZ: live order book, 7 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, 3 min ago | 4.53 bp | 16.1 bp −$16 | 59.2 bp −$592 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 7 min ago | 2.27 bp | 26.2 bp −$26 | 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 | 11.020 | −0.093% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 11.027 | −0.027% | $37K | $173K | 10x | as long as short |
| Binance NOKUSDTlong | 0.0000% | 8h | 11.030 | long leg | $7.5M | $8.9M | 20x | |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.032 | +0.018% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 11.020 | −0.091% | $1.6M | $111K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 11.052 | +0.199% | $1.5M | $587K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 11.023 | −0.062% | $137K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 11.020 | −0.091% | $3K | $149K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 11.030 | 0.000% | $827 | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 11.040 | +0.091% | $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 NOKUSDT | 0.0000% | 8h | 11.030 | 0.000% | $1.6M | $537K | 10x | as long as short |
| Gate NOK_USDT | +0.0003% | 8h | 11.043 | +0.118% | $972K | $984K | 50x | as long as short |
| Lighter NOK | +0.0032% | 1h | 11.009 | −0.190% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 11.000 | −0.272% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 11.030 | 0.000% | $300K | $340K | 20x | as long as short |
| tradeXYZ xyz:NOKshort | +0.0442% | 1h | 11.021 | −0.082% | $4.2M | $1.1M | 10x |
Phemex NOKUSDT
Gate NOK_USDT
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM