Funding you earn now, next payment 07:00 UTC−0.0057%/8h= −6.3% APRnext payment −$0.07 per $10,000 · paid last 24h +0.034%
Price spread now: tradeXYZ against Extended−0.077%7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$88as in the Price arb table
costs, in and out, $10k−$800.798% of the position
Funding, last 7 days+0.246%+$25 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.077%, 7d avg +0.009%
=Together, before fees+0.298%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$30 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.085% cheaper against Extended than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.009%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.246%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended NOK-USD | 10.887 | 0.0272 | pay 0.0034% / 1h | 39m 24s | $37K | $159K | 10x |
| Short | tradeXYZ xyz:NOK | 10.879 | 0.0215 | get 0.0027% / 1h | 39m 24s | $4.3M | $1.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Extended. 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
- −$12.03
- Price spread: −0.077% → +0.009%
- −$8.54
- Slippage, 4 orders
- −$56.77
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$100.35
- Costs to cover
- 0.798%
- Break-even
- never at this rate
Slippage from Extended: live order book, 1 min ago; tradeXYZ: live order book, 9 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 Extended live order book, 1 min ago | 8.26 bp | 22.4 bp −$22 | 145.9 bp −$1,459 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 2.75 bp | 17.4 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NOKUSDT | 0.0000% | 8h | 10.896 | +0.075% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.900 | +0.116% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.918 | +0.282% | $1.5M | $579K | 20x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.899 | +0.105% | $3K | $128K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.890 | +0.025% | $1K | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.930 | +0.392% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.890 | +0.025% | $1.6M | $590K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.880 | −0.067% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.880 | −0.067% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.900 | +0.116% | $298K | $438K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOK | +0.0117% | 8h | 10.893 | +0.053% | $131K | $117K | — | as long as short |
| Gate NOK_USDT | +0.0164% | 8h | 10.898 | +0.098% | $944K | $1.0M | 50x | as long as short |
| tradeXYZ xyz:NOKshort | +0.0215% | 1h | 10.879 | −0.077% | $4.3M | $1.2M | 10x | |
| MEXC NOKSTOCK_USDT | +0.0271% | 8h | 10.890 | +0.025% | $1.5M | $116K | 50x | as long as short |
| Extended NOK-USDlong | +0.0272% | 1h | 10.887 | long leg | $37K | $159K | 10x | |
| Binance NOKUSDT | +0.0273% | 8h | 10.890 | +0.025% | $7.3M | $9.6M | 20x | as long as short |
Extended NOK-USD
tradeXYZ xyz:NOK
Aster NOKUSDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
KuCoin NOKUSDTM
Variational Omni NOK
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Binance NOKUSDT