Funding you earn now, next payment 08:00 UTC+0.0259%/8h= +28.4% APRnext payment +$2.59 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against Bitget+0.072%7-day average −0.177% · you sell dearer than you buy
Net, funding: paid 7d − costs−$172as in the Funding arb table
Net, price: spread back to 7d avg − costs−$136as in the Price arb table
costs, in and out, $10k−$1611.612% of the position
Funding, last 7 days−0.106%−$11 on $10k
+Price spread, last 4 days (all we have)+0.099%+$10 · spread now +0.072%, 7d avg −0.177%
=Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Gate is 0.250% dearer against Bitget than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of −0.177%. Mind the row above: over the last 7 days funding on this pair cost −0.106%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.106% in total (about -5.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.59 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 | Bitget NOKSTOCKUSDT | 11.038 | 0 | get 0.0000% / 8h | 7h 51m | $1.5M | $567K | 20x |
| Short | Gate NOK_USDT | 11.046 | 0.0259 | get 0.0259% / 8h | 7h 51m | $990K | $994K | 50x |
Bitget NOKSTOCKUSDT
Gate NOK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $54.39
- Price spread: +0.072% → −0.177%
- $24.98
- Slippage, 4 orders
- −$134.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$81.82
- Costs to cover
- 1.612%
- Break-even
- 17.5 days
Slippage from Bitget: live order book, 5 min ago; Gate: 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 Bitget live order book, 5 min ago | 9.08 bp | 19.5 bp −$20 | 22.0 bp −$220 | doesn't fit | doesn't fit |
| Sell Gate live order book, 5 min ago | 4.09 bp | 31.4 bp −$31 | 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 | 11.047 | +0.081% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 11.038 | −0.003% | $37K | $203K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 11.036 | −0.021% | $7.5M | $8.7M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.037 | −0.009% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 11.030 | −0.072% | $1.6M | $113K | 50x | as long as short |
| Bitget NOKSTOCKUSDTlong | 0.0000% | 8h | 11.038 | long leg | $1.5M | $567K | 20x | |
| Variational Omni NOK | 0.0000% | 8h | 11.014 | −0.222% | $70K | $55K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.991 | −0.428% | $3K | $160K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 11.040 | +0.018% | $1K | $1.5M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 11.010 | −0.254% | $9K | $5K | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
MEXC NOKSTOCK_USDT
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 | 11.040 | +0.018% | $1.6M | $518K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 11.039 | +0.009% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 11.030 | −0.072% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 11.040 | +0.018% | $301K | $282K | 20x | as long as short |
| Gate NOK_USDTshort | +0.0259% | 8h | 11.046 | +0.072% | $990K | $994K | 50x | |
| tradeXYZ xyz:NOK | +0.0842% | 1h | 11.036 | −0.018% | $4.3M | $1.0M | 10x | as long as short |
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM
tradeXYZ xyz:NOK