NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.014%

Price spread now: KuCoin against Gate−0.245%7-day average −0.099% · you buy dearer than you sell

Net, funding: paid 7d − costs−$213as in the Funding arb table

Net, price: spread back to 7d avg − costs−$237as in the Price arb table

costs, in and out, $10k−$2222.223% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.245%, 7d avg −0.099%

Together, before fees+0.163%+$16 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.146% cheaper against Gate than usual: you would sell low and buy high (spread −0.245% now, against its 7-day average of −0.099%). If the spread goes back, that is −$15 on $10k: about 4.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.097% in total) that is about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOK_USDT	11.017	0	get 0.0000% / 8h	3h 46m	$964K	$982K	50x
Short	KuCoin NOKUSDTM	10.990	0.0100	get 0.0100% / 8h	3h 46m	$300K	$399K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.245%Rate

Funding earned: $21
Price spread: −0.245% → −0.099%: −$14.61
Slippage, 4 orders: −$195.35
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$215.95
Costs to cover: 2.223%
Break-even: 79.0 days

Slippage from Gate: live order book, 55 min ago; KuCoin: live order book, 26 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 Gate live order book, 55 min ago	0.45 bp	24.6 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 26 min ago	4.54 bp	83.2 bp −$83	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	11.002	−0.134%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.007	−0.092%	$39K	$166K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.010	−0.064%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.010	−0.064%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDTlong	0.0000%	8h	11.017	long leg	$964K	$982K	50x
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	−0.064%	$1.6M	$111K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.021	+0.036%	$1.5M	$607K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.217%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.990	−0.245%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	−0.064%	$793	$1.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	10.990	−0.245%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	−0.064%	$1.6M	$546K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	−0.245%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.990	−0.245%	—	—	10x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	10.990	−0.245%	$300K	$399K	20x
tradeXYZ xyz:NOK	+0.0126%	1h	11.001	−0.145%	$4.2M	$1.1M	10x	as long as short