Funding you earn now, next payment 08:00 UTC+0.0204%/8h= +22.3% APRnext payment +$2.04 per $10,000 · paid last 24h +0.007%
Price spread now: Binance against KuCoin+0.092%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$338as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3293.294% of the position
Funding, last 7 days−0.085%−$9 on $10k
+Price spread, last 4 days (all we have)+0.239%+$24 · spread now +0.092%, 7d avg +0.018%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.075% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.018%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.085% in total (about -4.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.04 per $10,000. 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 | KuCoin NOKUSDTM | 10.830 | 0.0100 | pay 0.0100% / 8h | 50m 38s | $295K | $445K | 20x |
| Short | Binance NOKUSDT | 10.840 | 0.0304 | get 0.0304% / 8h | 50m 38s | $7.2M | $9.6M | 20x |
KuCoin NOKUSDTM
Binance NOKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against KuCoin. 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
- $42.85
- Price spread: +0.092% → +0.018%
- $7.47
- Slippage, 4 orders
- −$307.42
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$279.09
- Costs to cover
- 3.294%
- Break-even
- 52.6 days
Slippage from KuCoin: live order book, 53 min ago; Binance: 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 KuCoin live order book, 53 min ago | 9.18 bp | 188.2 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 4.61 bp | 17.5 bp −$17 | 59.6 bp −$596 | 231.5 bp −$23.2K | 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 | 10.830 | +0.003% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.855 | +0.231% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.868 | +0.351% | $1.5M | $571K | 20x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.834 | +0.036% | $3K | $123K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.830 | 0.000% | $1K | $1.3M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.840 | +0.092% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.840 | +0.092% | $1.6M | $592K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.810 | −0.185% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.810 | −0.185% | — | — | 10x | as long as short |
| KuCoin NOKUSDTMlong | +0.0100% | 8h | 10.830 | long leg | $295K | $445K | 20x |
Aster NOKUSDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOK | +0.0112% | 8h | 10.843 | +0.119% | $130K | $117K | — | as long as short |
| Gate NOK_USDT | +0.0123% | 8h | 10.842 | +0.111% | $938K | $978K | 50x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0300% | 8h | 10.830 | 0.000% | $1.5M | $118K | 50x | as long as short |
| Extended NOK-USD | +0.0304% | 1h | 10.827 | −0.027% | $37K | $276K | 10x | as long as short |
| Binance NOKUSDTshort | +0.0304% | 8h | 10.840 | +0.092% | $7.2M | $9.6M | 20x | |
| tradeXYZ xyz:NOK | +0.0452% | 1h | 10.829 | −0.009% | $4.3M | $1.3M | 10x | as long as short |
Variational Omni NOK
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Extended NOK-USD
tradeXYZ xyz:NOK