NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0349%/8h= +38.3% APRnext payment +$3.49 per $10,000 · paid last 24h −0.020%

Price spread now: Gate against OKX+0.083%7-day average +0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$126as in the Funding arb table

Net, price: spread back to 7d avg − costs−$129as in the Price arb table

costs, in and out, $10k−$1351.345% of the position

Long on OKX Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$8 on $10k

Price spread, last 4 days (all we have)−0.111%−$11 · spread now +0.083%, 7d avg +0.024%

Together, before fees−0.026%−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Gate is 0.058% dearer against OKX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.024%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.085% in total (about 4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.49 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	OKX NOK-USDT-SWAP	10.858	0.0096	pay 0.0096% / 8h	7h 01m	$1.2M	$1.3M	20x
Short	Gate NOK_USDT	10.867	0.0445	get 0.0445% / 8h	7h 01m	$937K	$1.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against OKX. 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 OKXbpFee GatebpOrdersPrice spread, now +0.083%Rate

Funding earned: $73.36
Price spread: +0.083% → +0.024%: $5.84
Slippage, 4 orders: −$109.54
Fee OKX: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$55.34
Costs to cover: 1.345%
Break-even: 12.3 days

Slippage from OKX: live order book, 5 min ago; Gate: 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 OKX live order book, 5 min ago	5.51 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 1 min ago	7.36 bp	26.4 bp −$26	281.3 bp −$2,813	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
Bitget NOKSTOCKUSDT	−0.0221%	8h	10.886	+0.258%	$1.5M	$550K	20x	as long as short
Vest NOK-PERP	−0.0010%	1h	10.820	−0.350%	—	—	10x	as long as short
Aster NOKUSDT	0.0000%	8h	10.833	−0.228%	$66K	$7K	20x	as long as short
SunX NOK-USDT	0.0000%	8h	10.860	+0.018%	$933	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.870	+0.111%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.870	+0.111%	$1.6M	$656K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.835	−0.212%	—	—	10x	as long as short
OKX NOK-USDT-SWAPlong	+0.0096%	8h	10.858	long leg	$1.2M	$1.3M	20x
KuCoin NOKUSDTM	+0.0100%	8h	10.840	−0.166%	$295K	$445K	20x	as long as short
tradeXYZ xyz:NOK	+0.0319%	1h	10.839	−0.175%	$4.5M	$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
GRVT NOK_USDT_Perp	+0.0372%	8h	10.850	−0.074%	$3K	$108K	10x	as long as short
Variational Omni NOK	+0.0423%	8h	10.873	+0.140%	$131K	$118K	—	as long as short
Gate NOK_USDTshort	+0.0445%	8h	10.867	+0.083%	$937K	$1.0M	50x
MEXC NOKSTOCK_USDT	+0.0686%	8h	10.840	−0.166%	$1.5M	$120K	50x	as long as short
Extended NOK-USD	+0.0688%	1h	10.853	−0.048%	$40K	$280K	10x	as long as short
Binance NOKUSDT	+0.0690%	8h	10.853	−0.043%	$7.4M	$10.5M	20x	as long as short