Funding you earn now, next payment 08:00 UTC+0.0915%/8h= +100.2% APRpaid last 24h +0.045%
Price spread now: tradeXYZ against Bitget−0.315%7-day average −0.275% · you buy dearer than you sell
Net, funding: paid 7d − costs−$82as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$970.970% of the position
Funding, last 7 days+0.153%+$15 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.315%, 7d avg −0.275%
=Together, before fees+0.143%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.040% cheaper against Bitget than usual: you would sell low and buy high (spread −0.315% now, against its 7-day average of −0.275%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.153% in total) that is about 44 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.153% in total (about 8.0% 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 | Bitget NOKSTOCKUSDT | 10.778 | −0.0506 | get 0.0506% / 8h | 4m 31s | $1.5M | $567K | 20x |
| Short | tradeXYZ xyz:NOK | 10.744 | 0.0409 | get 0.0051% / 1h | 4m 31s | $4.4M | $1.3M | 10x |
Bitget NOKSTOCKUSDT
tradeXYZ xyz:NOKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $192.23
- Price spread: −0.315% → −0.275%
- −$4.03
- Slippage, 4 orders
- −$67.02
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $91.18
- Costs to cover
- 0.970%
- Break-even
- 3.7 days
Slippage from Bitget: live order book, 2 min ago; tradeXYZ: live order book, 4 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, 2 min ago | 7.89 bp | 35.1 bp −$35 | 57.1 bp −$571 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 1.86 bp | 17.0 bp −$17 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NOKSTOCKUSDTlong | −0.0506% | 8h | 10.778 | long leg | $1.5M | $567K | 20x | |
| Aster NOKUSDT | 0.0000% | 8h | 10.744 | −0.318% | $65K | $7K | 20x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.761 | −0.158% | $3K | $117K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.760 | −0.167% | $925 | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.770 | −0.074% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.750 | −0.260% | $1.6M | $619K | 10x | as long as short |
| Vest NOK-PERP | +0.0005% | 1h | 10.710 | −0.631% | — | — | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.730 | −0.445% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0035% | 8h | 10.765 | −0.121% | $1.2M | $1.2M | 20x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.750 | −0.260% | $293K | $442K | 20x | as long as short |
Aster NOKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Vest NOK-PERP
Lighter NOK
OKX NOK-USDT-SWAP
KuCoin NOKUSDTMShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOK_USDT | +0.0144% | 8h | 10.758 | −0.186% | $938K | $1.0M | 50x | as long as short |
| Variational Omni NOK | +0.0234% | 8h | 10.754 | −0.227% | $129K | $118K | — | as long as short |
| tradeXYZ xyz:NOKshort | +0.0409% | 1h | 10.744 | −0.315% | $4.4M | $1.3M | 10x | |
| Extended NOK-USD | +0.0456% | 1h | 10.752 | −0.245% | $39K | $277K | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0458% | 8h | 10.750 | −0.260% | $1.5M | $121K | 50x | as long as short |
| Binance NOKUSDT | +0.0468% | 8h | 10.754 | −0.220% | $7.2M | $10.0M | 20x | as long as short |
Gate NOK_USDT
Variational Omni NOK
Extended NOK-USD
MEXC NOKSTOCK_USDT
Binance NOKUSDT