NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0270%/8h= −29.6% APRnext payment −$2.70 per $10,000 · paid last 24h −0.037%

Price spread now: SunX against MEXC0.000%7-day average −0.065% · you sell dearer than you buy

Net, funding: paid 7d − costs−$246as in the Funding arb table

Net, price: spread back to 7d avg − costs−$227as in the Price arb table

costs, in and out, $10k−$2332.332% of the position

Long on MEXC Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.124%−$12 on $10k

Price spread, last 4 days (all we have)−0.018%−$2 · spread now 0.000%, 7d avg −0.065%

Together, before fees−0.143%−$14 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.065% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.065%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 19 hours. At the pace of the last 7 days (−0.124% in total) that is about 3.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.70 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	MEXC NOKSTOCK_USDT	10.890	0.0270	pay 0.0270% / 8h	1h 40m	$1.5M	$116K	50x
Short	SunX NOK-USDT	10.890	0	get 0.0000% / 8h	1h 40m	$1K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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

Position, each leg$Hold fordaysFee MEXCbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$56.7
Price spread: 0.000% → −0.065%: $6.47
Slippage, 4 orders: −$225.18
Fee MEXC: 0 bp × 2 orders: $0
Fee SunX: 4 bp × 2 orders: −$8
Net: −$283.41
Costs to cover: 2.332%
Break-even: never at this rate

Slippage from MEXC: live order book, 6 min ago; SunX: 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 MEXC live order book, 6 min ago	9.17 bp	14.4 bp −$14	32.2 bp −$322	160.0 bp −$16.0K	doesn't fit
Sell SunX live order book, 3 min ago	50.39 bp	102.4 bp −$102	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	10.898	+0.077%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.904	+0.129%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.917	+0.248%	$1.5M	$579K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.910	+0.183%	$3K	$128K	10x	as long as short
SunX NOK-USDTshort	0.0000%	8h	10.890	0.000%	$1K	$1.4M	10x
HTX NOK-USDT	0.0000%	8h	10.930	+0.367%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.900	+0.092%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.880	−0.092%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.880	−0.092%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.900	+0.092%	$297K	$438K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0117%	8h	10.893	+0.028%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0167%	8h	10.899	+0.083%	$944K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0226%	1h	10.880	−0.092%	$4.3M	$1.2M	10x	as long as short
MEXC NOKSTOCK_USDTlong	+0.0270%	8h	10.890	long leg	$1.5M	$116K	50x
Binance NOKUSDT	+0.0272%	8h	10.900	+0.092%	$7.3M	$9.6M	20x	as long as short
Extended NOK-USD	+0.0272%	1h	10.898	+0.070%	$37K	$159K	10x	as long as short