Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.4% APRnext payment +$0.58 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against MEXC−0.092%7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$231as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2392.394% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.086%+$9 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.092%, 7d avg +0.026%
Together, before fees+0.201%+$20 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.118% cheaper against MEXC than usual: you would sell low and buy high (spread −0.092% now, against its 7-day average of +0.026%). If the spread goes back, that is −$12 on $10k: about 6.8 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC NOKSTOCK_USDT10.8900.0042pay 0.0042% / 8h2h 24m$1.5M$117K50x
ShortKuCoin NOKUSDTM10.8800.0100get 0.0100% / 8h2h 24m$296K$429K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against MEXC. 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

Funding earned
$12.18
Price spread: −0.092% → +0.026%
−$11.8
Slippage, 4 orders
−$227.43
Fee MEXC: 0 bp × 2 orders
$0
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$239.05
Costs to cover
2.394%
Break-even
144.4 days
Slippage from MEXC: live order book, 2 min ago; KuCoin: live order book, 34 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy MEXC live order book, 2 min ago9.18 bp17.8 bp −$1834.7 bp −$347139.3 bp −$13.9Kdoesn't fit
Sell KuCoin live order book, 34 min ago9.15 bp109.4 bp −$109doesn't fitdoesn't fitdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h10.886−0.041%$66K$7K20xas long as short
OKX NOK-USDT-SWAP0.0000%8h10.909+0.174%$1.2M$1.3M20xas long as short
Bitget NOKSTOCKUSDT0.0000%8h10.918+0.257%$1.5M$595K20xas long as short
Variational Omni NOK0.0000%8h10.893+0.029%$131K$117Kas long as short
GRVT NOK_USDT_Perp0.0000%8h10.8900.000%$3K$134K10xas long as short
SunX NOK-USDT0.0000%8h10.8900.000%$810$1.4M10xas long as short
HTX NOK-USDT0.0000%8h10.870−0.184%$9K$6K10xas long as short
Phemex NOKUSDT0.0000%8h10.900+0.092%$1.6M$583K10xas long as short
Lighter NOK+0.0032%1h10.869−0.193%10xas long as short
MEXC NOKSTOCK_USDTlong+0.0042%8h10.890long leg$1.5M$117K50x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest NOK-PERP+0.0046%1h10.870−0.184%10xas long as short
Binance NOKUSDT+0.0056%8h10.897+0.069%$7.3M$9.5M20xas long as short
Extended NOK-USD+0.0056%1h10.894+0.040%$40K$158K10xas long as short
Gate NOK_USDT+0.0095%8h10.911+0.193%$948K$1.0M50xas long as short
KuCoin NOKUSDTMshort+0.0100%8h10.880−0.092%$296K$429K20x
tradeXYZ xyz:NOK+0.0443%1h10.885−0.046%$4.3M$1.2M10xas long as short