Funding you earn now, next payment 16:00 UTC+0.0513%/8h= +56.2% APRnext payment +$5.13 per $10,000 · paid last 24h +0.075%
Price spread now: Binance against SunX+0.467%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$309as in the Funding arb table
Net, price: spread back to 7d avg − costs−$288as in the Price arb table
costs, in and out, $10k−$3263.262% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 4 days (all we have)−0.467%−$47 · spread now +0.467%, 7d avg +0.088%
=Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Binance is 0.380% dearer against SunX than usual: you sell high and buy low: +$38 more if the spread goes back to its 7-day average of +0.088%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.172% in total (about 9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.13 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 | SunX NOK-USDT | 10.700 | 0 | get 0.0000% / 8h | 7h 49m | $1K | $1.2M | 10x |
| Short | Binance NOKUSDT | 10.750 | 0.0513 | get 0.0513% / 8h | 7h 49m | $7.2M | $10.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $107.82
- Price spread: +0.467% → +0.088%
- $37.95
- Slippage, 4 orders
- −$308.24
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$180.47
- Costs to cover
- 3.262%
- Break-even
- 18.7 days
Slippage from SunX: live order book, 5 min ago; Binance: live order book, 6 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 SunX live order book, 5 min ago | 46.51 bp | 105.9 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 4.67 bp | 19.8 bp −$20 | 65.3 bp −$653 | 542.5 bp −$54.2K | 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 | −0.0562% | 8h | 10.776 | +0.710% | $1.5M | $587K | 20x | as long as short |
| Vest NOK-PERP | −0.0007% | 1h | 10.680 | −0.187% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.720 | +0.187% | $65K | $7K | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 10.742 | +0.393% | $935K | $1.0M | 50x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.710 | +0.094% | $3K | $116K | 10x | as long as short |
| SunX NOK-USDTlong | 0.0000% | 8h | 10.700 | long leg | $1K | $1.2M | 10x | |
| HTX NOK-USDT | 0.0000% | 8h | 10.720 | +0.187% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.740 | +0.374% | $1.6M | $631K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.704 | +0.037% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0056% | 8h | 10.750 | +0.467% | $1.2M | $1.2M | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.700 | 0.000% | $293K | $441K | 20x | as long as short |
| Variational Omni NOK | +0.0270% | 8h | 10.723 | +0.217% | $129K | $118K | — | as long as short |
| tradeXYZ xyz:NOK | +0.0293% | 1h | 10.722 | +0.206% | $4.4M | $1.4M | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0511% | 8h | 10.730 | +0.280% | $1.5M | $118K | 50x | as long as short |
| Extended NOK-USD | +0.0512% | 1h | 10.730 | +0.284% | $36K | $281K | 10x | as long as short |
| Binance NOKUSDTshort | +0.0513% | 8h | 10.750 | +0.467% | $7.2M | $10.2M | 20x |
SunX NOK-USDT
Binance NOKUSDT
Bitget NOKSTOCKUSDT
Aster NOKUSDT
Gate NOK_USDT
GRVT NOK_USDT_Perp
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
OKX NOK-USDT-SWAP
KuCoin NOKUSDTM
Variational Omni NOK
tradeXYZ xyz:NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD