NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.21 per $10,000 · paid last 24h +0.028%

Price spread now: Phemex against Bitget−0.083%7-day average −0.305% · you buy dearer than you sell

Net, funding: paid 7d − costs−$220as in the Funding arb table

Net, price: spread back to 7d avg − costs−$181as in the Price arb table

costs, in and out, $10k−$2032.032% of the position

Long on Bitget Short on Phemex

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 4 days (all we have)−0.183%−$18 · spread now −0.083%, 7d avg −0.305%

Together, before fees−0.346%−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phemex is 0.222% dearer against Bitget than usual: you sell high and buy low: +$22 more if the spread goes back to its 7-day average of −0.305%. Mind the row above: over the last 7 days funding on this pair cost −0.163%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOKSTOCKUSDT	10.829	−0.0021	get 0.0021% / 8h	6h 18m	$1.5M	$552K	20x
Short	Phemex NOKUSDT	10.820	0	get 0.0000% / 8h	6h 18m	$1.6M	$654K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex against Bitget. 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 BitgetbpFee PhemexbpOrdersPrice spread, now −0.083%Rate

Funding earned: $4.41
Price spread: −0.083% → −0.305%: $22.23
Slippage, 4 orders: −$179.15
Fee Bitget: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$176.51
Costs to cover: 2.032%
Break-even: 287.2 days

Slippage from Bitget: live order book, 1 min ago; Phemex: live order book, 2 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, 1 min ago	11.99 bp	18.0 bp −$18	43.8 bp −$438	doesn't fit	doesn't fit
Sell Phemex live order book, 2 min ago	4.62 bp	71.4 bp −$71	doesn't fit	doesn't fit	doesn't fit

NOK on 16 exchanges

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 NOKSTOCKUSDTlong	−0.0021%	8h	10.829	long leg	$1.5M	$552K	20x
Aster NOKUSDT	0.0000%	8h	10.826	−0.032%	$66K	$7K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.830	+0.009%	$3K	$98K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.820	−0.083%	$1K	$1.1M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.840	+0.102%	$9K	$6K	10x	as long as short
Phemex NOKUSDTshort	0.0000%	8h	10.820	−0.083%	$1.6M	$654K	10x
Vest NOK-PERP	+0.0009%	1h	10.790	−0.360%	—	—	10x	as long as short
Lighter NOK	+0.0032%	1h	10.804	−0.231%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.810	−0.175%	$295K	$451K	20x	as long as short
OKX NOK-USDT-SWAP	+0.0116%	8h	10.835	+0.055%	$1.2M	$1.2M	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0180%	8h	10.834	+0.046%	$933K	$993K	50x	as long as short
tradeXYZ xyz:NOK	+0.0244%	1h	10.809	−0.185%	$4.5M	$1.4M	10x	as long as short
Variational Omni NOK	+0.0384%	8h	10.823	−0.057%	$130K	$118K	—	as long as short
Extended NOK-USD	+0.0632%	1h	10.817	−0.113%	$38K	$279K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0632%	8h	10.820	−0.083%	$1.5M	$117K	50x	as long as short
Binance NOKUSDT	+0.0632%	8h	10.820	−0.083%	$7.4M	$10.5M	20x	as long as short