NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0281%/8h= +30.8% APRnext payment +$2.81 per $10,000 · paid last 24h −0.002%

Price spread now: MEXC against OKX−0.046%7-day average −0.085% · you buy dearer than you sell

Net, funding: paid 7d − costs−$76as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$840.836% of the position

Long on OKX Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.076%+$8 on $10k

Price spread, last 7 days+0.050%+$5 · spread now −0.046%, 7d avg −0.085%

Together, before fees+0.127%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and MEXC is 0.040% dearer against OKX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.085%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.076% in total (about 4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.81 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	10.915	0	get 0.0000% / 8h	1h 28m	$1.2M	$1.3M	20x
Short	MEXC NOKSTOCK_USDT	10.910	0.0281	get 0.0281% / 8h	1h 28m	$1.5M	$116K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.046%Rate

Funding earned: $59.01
Price spread: −0.046% → −0.085%: $3.95
Slippage, 4 orders: −$73.61
Fee OKX: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$20.65
Costs to cover: 0.836%
Break-even: 9.4 days

Slippage from OKX: live order book, 3 min ago; MEXC: 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 OKX live order book, 3 min ago	3.66 bp	27.1 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	9.17 bp	13.6 bp −$14	36.9 bp −$369	154.0 bp −$15.4K	283.2 bp −$141.6K

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	10.916	+0.012%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAPlong	0.0000%	8h	10.915	long leg	$1.2M	$1.3M	20x
Bitget NOKSTOCKUSDT	0.0000%	8h	10.926	+0.101%	$1.5M	$580K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.904	−0.098%	$3K	$128K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.910	−0.046%	$1K	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.137%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.910	−0.046%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.900	−0.137%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.890	−0.229%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.900	−0.137%	$297K	$440K	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	+0.0123%	8h	10.913	−0.017%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0150%	8h	10.920	+0.046%	$945K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0196%	1h	10.899	−0.147%	$4.3M	$1.2M	10x	as long as short
Extended NOK-USD	+0.0280%	1h	10.912	−0.026%	$37K	$159K	10x	as long as short
Binance NOKUSDT	+0.0280%	8h	10.915	−0.001%	$7.3M	$9.6M	20x	as long as short
MEXC NOKSTOCK_USDTshort	+0.0281%	8h	10.910	−0.046%	$1.5M	$116K	50x