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: Phemex against KuCoin+0.274%7-day average −0.014% · you sell dearer than you buy

Net, funding: paid 7d − costs−$334as in the Funding arb table

Net, price: spread back to 7d avg − costs−$284as in the Price arb table

costs, in and out, $10k−$3133.130% of the position

Long on KuCoin Short on Phemex

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)−0.368%−$37 · spread now +0.274%, 7d avg −0.014%

Together, before fees−0.578%−$58 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Phemex is 0.288% dearer against KuCoin than usual: you sell high and buy low (spread +0.274% now, against its 7-day average of −0.014%): +$29 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 9.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	10.930	0.0100	pay 0.0100% / 8h	3h 16m	$299K	$409K	20x
Short	Phemex NOKUSDT	10.960	0	get 0.0000% / 8h	3h 16m	$1.6M	$560K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phemex 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 PhemexbpOrdersPrice spread, now +0.274%Rate

Funding earned: −$21
Price spread: +0.274% → −0.014%: $28.82
Slippage, 4 orders: −$289.01
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Phemex: 6 bp × 2 orders: −$12
Net: −$305.19
Costs to cover: 3.130%
Break-even: never at this rate

Slippage from KuCoin: live order book, 56 min ago; Phemex: 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 KuCoin live order book, 56 min ago	4.54 bp	89.1 bp −$89	doesn't fit	doesn't fit	doesn't fit
Sell Phemex live order book, 1 min ago	9.15 bp	67.5 bp −$67	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	10.934	+0.039%	$66K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.948	+0.166%	$37K	$160K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.950	+0.183%	$7.4M	$9.2M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.955	+0.229%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.960	+0.274%	$952K	$996K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.930	0.000%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.985	+0.503%	$1.5M	$589K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.963	+0.303%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.963	+0.306%	$3K	$145K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.940	+0.091%	$1K	$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	10.930	0.000%	$9K	$5K	10x	as long as short
Phemex NOKUSDTshort	0.0000%	8h	10.960	+0.274%	$1.6M	$560K	10x
Lighter NOK	+0.0032%	1h	10.919	−0.101%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.274%	—	—	10x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	10.930	long leg	$299K	$409K	20x
tradeXYZ xyz:NOK	+0.0443%	1h	10.939	+0.082%	$4.2M	$1.2M	10x	as long as short