NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0071%/8h= −7.8% APRnext payment −$0.71 per $10,000 · paid last 24h −0.014%

Price spread now: Gate against KuCoin+0.064%7-day average +0.100% · you sell dearer than you buy

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$248as in the Price arb table

costs, in and out, $10k−$2442.440% of the position

Long on KuCoin Short on Gate

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)+0.135%+$14 · spread now +0.064%, 7d avg +0.100%

Together, before fees+0.038%+$4 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.037% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.100%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	11.020	0.0100	pay 0.0100% / 8h	5h 06m	$301K	$360K	20x
Short	Gate NOK_USDT	11.027	0.0029	get 0.0029% / 8h	5h 06m	$968K	$997K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against KuCoin. 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 KuCoinbpFee GatebpOrdersPrice spread, now +0.064%Rate

Funding earned: −$14.91
Price spread: +0.064% → +0.100%: −$3.65
Slippage, 4 orders: −$216.95
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$262.51
Costs to cover: 2.440%
Break-even: never at this rate

Slippage from KuCoin: live order book, 16 min ago; Gate: live order book, 41 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, 16 min ago	9.11 bp	111.9 bp −$112	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 41 min ago	4.08 bp	25.7 bp −$26	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	11.020	0.000%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.016	−0.038%	$39K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	0.000%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.028	+0.073%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.020	0.000%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.027	+0.064%	$1.5M	$586K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.246%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.992	−0.254%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	−0.091%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	−0.091%	$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	−0.091%	$1.6M	$542K	10x	as long as short
Gate NOK_USDTshort	+0.0029%	8h	11.027	+0.064%	$968K	$997K	50x
Lighter NOK	+0.0032%	1h	11.019	−0.009%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.020	0.000%	—	—	10x	as long as short
tradeXYZ xyz:NOK	+0.0072%	1h	11.017	−0.027%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	11.020	long leg	$301K	$360K	20x