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 +0.030%

Price spread now: KuCoin against GRVT−0.164%7-day average +0.013% · you buy dearer than you sell

Net, funding: paid 7d − costs−$379as in the Funding arb table

Net, price: spread back to 7d avg − costs−$417as in the Price arb table

costs, in and out, $10k−$4003.995% of the position

Long on GRVT Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)+0.235%+$23 · spread now −0.164%, 7d avg +0.013%

Together, before fees+0.445%+ Points / potential airdropGRVT: Active · farm board+$44 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.177% cheaper against GRVT than usual: you would sell low and buy high (spread −0.164% now, against its 7-day average of +0.013%). If the spread goes back, that is −$18 on $10k: about 5.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NOK_USDT_Perp	10.918	0	get 0.0000% / 8h	1h 23m	$3K	$128K	10x
Short	KuCoin NOKUSDTM	10.900	0.0100	get 0.0100% / 8h	1h 23m	$297K	$440K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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 GRVTbpFee KuCoinbpOrdersPrice spread, now −0.164%Rate

Funding earned: $21
Price spread: −0.164% → +0.013%: −$17.69
Slippage, 4 orders: −$378.53
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$396.22
Costs to cover: 3.995%
Break-even: 139.1 days

Slippage from GRVT: live order book, 13 min ago; KuCoin: live order book, 20 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 GRVT live order book, 13 min ago	9.18 bp	64.0 bp −$64	206.6 bp −$2,066	doesn't fit	doesn't fit
Sell KuCoin live order book, 20 min ago	9.18 bp	106.3 bp −$106	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	10.916	−0.021%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.913	−0.045%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.925	+0.065%	$1.5M	$580K	20x	as long as short
GRVT NOK_USDT_Perplong	0.0000%	8h	10.918	long leg	$3K	$128K	10x
SunX NOK-USDT	0.0000%	8h	10.910	−0.072%	$974	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.910	−0.072%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.910	−0.072%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.900	−0.164%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.164%	—	—	10x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	10.900	−0.164%	$297K	$440K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0116%	8h	10.913	−0.044%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0150%	8h	10.917	−0.008%	$945K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0196%	1h	10.900	−0.164%	$4.3M	$1.2M	10x	as long as short
Binance NOKUSDT	+0.0272%	8h	10.910	−0.072%	$7.3M	$9.6M	20x	as long as short
Extended NOK-USD	+0.0272%	1h	10.907	−0.097%	$41K	$165K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0274%	8h	10.900	−0.164%	$1.5M	$117K	50x	as long as short