NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.3% APRnext payment −$1.12 per $10,000 · paid last 24h +0.021%

Price spread now: MEXC against Gate−0.245%7-day average −0.127% · you buy dearer than you sell

Net, funding: paid 7d − costs−$122as in the Funding arb table

Net, price: spread back to 7d avg − costs−$140as in the Price arb table

costs, in and out, $10k−$1281.282% of the position

Long on Gate Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.063%+$6 on $10k

Price spread, last 4 days (all we have)+0.038%+$4 · spread now −0.245%, 7d avg −0.127%

Together, before fees+0.100%+$10 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and MEXC is 0.118% cheaper against Gate than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.127%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.063%, 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	Gate NOK_USDT	11.027	0.0112	pay 0.0112% / 8h	7h 55m	$984K	$989K	50x
Short	MEXC NOKSTOCK_USDT	11.000	0	get 0.0000% / 8h	7h 55m	$1.6M	$113K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.245%Rate

Funding earned: −$23.52
Price spread: −0.245% → −0.127%: −$11.83
Slippage, 4 orders: −$113.25
Fee Gate: 7.5 bp × 2 orders: −$15
Fee MEXC: 0 bp × 2 orders: $0
Net: −$163.6
Costs to cover: 1.282%
Break-even: never at this rate

Slippage from Gate: live order book, 2 min ago; MEXC: live order book, 1 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, 2 min ago	4.09 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 1 min ago	13.63 bp	15.4 bp −$15	33.3 bp −$333	139.5 bp −$13.9K	247.0 bp −$123.5K

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	11.022	−0.046%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.018	−0.082%	$38K	$196K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	−0.061%	$7.5M	$8.7M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.024	−0.027%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDTshort	0.0000%	8h	11.000	−0.245%	$1.6M	$113K	50x
Bitget NOKSTOCKUSDT	0.0000%	8h	11.027	0.000%	$1.5M	$567K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.014	−0.122%	$70K	$55K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.991	−0.329%	$3K	$160K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.000	−0.245%	$1K	$1.5M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	−0.154%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	11.010	−0.154%	$1.6M	$518K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.019	−0.073%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.010	−0.154%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.000	−0.245%	$300K	$281K	20x	as long as short
Gate NOK_USDTlong	+0.0112%	8h	11.027	long leg	$984K	$989K	50x
tradeXYZ xyz:NOK	+0.1105%	1h	11.002	−0.227%	$4.3M	$1.0M	10x	as long as short