Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against KuCoin+0.356%7-day average +0.276% · you sell dearer than you buy
Net, funding: paid 7d − costs−$244as in the Funding arb table
Net, price: spread back to 7d avg − costs−$237as in the Price arb table
costs, in and out, $10k−$2452.450% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 4 days (all we have)−0.328%−$33 · spread now +0.356%, 7d avg +0.276%
=The price spread pays, funding is against you. Bitget is 0.080% dearer against KuCoin than usual: you sell high and buy low (spread +0.356% now, against its 7-day average of +0.276%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin NOKUSDTM | 10.970 | 0.0100 | pay 0.0100% / 8h | 3h 49m | $300K | $398K | 20x |
| Short | Bitget NOKSTOCKUSDT | 11.009 | 0 | get 0.0000% / 8h | 3h 49m | $1.5M | $607K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21
- Price spread: +0.356% → +0.276%
- $7.97
- Slippage, 4 orders
- −$221.01
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$258.04
- Costs to cover
- 2.450%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 23 min ago; Bitget: live order book, 3 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, 23 min ago | 4.54 bp | 89.1 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 7.26 bp | 38.5 bp −$39 | 85.2 bp −$852 | 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 | 10.976 | +0.058% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.974 | +0.040% | $39K | $166K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 10.968 | −0.023% | $7.4M | $9.0M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.980 | +0.091% | $1.2M | $1.2M | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 10.992 | +0.201% | $962K | $981K | 50x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 10.980 | +0.091% | $1.6M | $111K | 50x | as long as short |
| Bitget NOKSTOCKUSDTshort | 0.0000% | 8h | 11.009 | +0.356% | $1.5M | $607K | 20x | |
| Variational Omni NOK | 0.0000% | 8h | 10.993 | +0.210% | $136K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 11.002 | +0.294% | $3K | $146K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.990 | +0.182% | $791 | $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 | +0.182% | $9K | $5K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.980 | +0.091% | $1.6M | $546K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.970 | 0.000% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.970 | 0.000% | — | — | 10x | as long as short |
| tradeXYZ xyz:NOK | +0.0050% | 1h | 10.971 | +0.009% | $4.2M | $1.1M | 10x | as long as short |
| KuCoin NOKUSDTMlong | +0.0100% | 8h | 10.970 | long leg | $300K | $398K | 20x |
KuCoin NOKUSDTM
Bitget NOKSTOCKUSDT
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Variational Omni NOK
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
tradeXYZ xyz:NOK