Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against Phemex+0.082%7-day average +0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$220as in the Price arb table
costs, in and out, $10k−$2202.202% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.070%+$7 · spread now +0.082%, 7d avg +0.084%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NOKUSDT | 10.930 | 0 | get 0.0000% / 8h | 3h 19m | $1.6M | $557K | 10x |
| Short | OKX NOK-USDT-SWAP | 10.939 | 0 | get 0.0000% / 8h | 3h 19m | $1.2M | $1.2M | 20x |
Phemex NOKUSDT
OKX NOK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Phemex. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $0
- Price spread: +0.082% → +0.084%
- −$0.13
- Slippage, 4 orders
- −$198.2
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$220.33
- Costs to cover
- 2.202%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; OKX: live order book, 2 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 Phemex live order book, 4 min ago | 9.16 bp | 73.7 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.83 bp | 31.7 bp −$32 | 244.3 bp −$2,443 | 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 | 10.924 | −0.055% | $66K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.927 | −0.027% | $37K | $160K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 10.930 | 0.000% | $7.4M | $9.2M | 20x | as long as short |
| OKX NOK-USDT-SWAPshort | 0.0000% | 8h | 10.939 | +0.082% | $1.2M | $1.2M | 20x | |
| Gate NOK_USDT | 0.0000% | 8h | 10.948 | +0.165% | $950K | $994K | 50x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 10.920 | −0.091% | $1.6M | $113K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.978 | +0.439% | $1.5M | $592K | 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 | 10.950 | +0.183% | $1K | $1.4M | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
SunX NOK-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOK-USDT | 0.0000% | 8h | 10.960 | +0.274% | $9K | $5K | 10x | as long as short |
| Phemex NOKUSDTlong | 0.0000% | 8h | 10.930 | long leg | $1.6M | $557K | 10x | |
| Lighter NOK | +0.0032% | 1h | 10.910 | −0.183% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.910 | −0.183% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.920 | −0.091% | $298K | $408K | 20x | as long as short |
| tradeXYZ xyz:NOK | +0.0433% | 1h | 10.922 | −0.073% | $4.2M | $1.1M | 10x | as long as short |
HTX NOK-USDT
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM
tradeXYZ xyz:NOK