Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.295%−$29 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX NOK-USDT10.7000get 0.0000% / 8h7h 49m$1K$1.2M10x
ShortBinance NOKUSDT10.7500.0513get 0.0513% / 8h7h 49m$7.2M$10.2M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago46.51 bp105.9 bp −$106doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 6 min ago4.67 bp19.8 bp −$2065.3 bp −$653542.5 bp −$54.2Kdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget NOKSTOCKUSDT−0.0562%8h10.776+0.710%$1.5M$587K20xas long as short
Vest NOK-PERP−0.0007%1h10.680−0.187%10xas long as short
Aster NOKUSDT0.0000%8h10.720+0.187%$65K$7K20xas long as short
Gate NOK_USDT0.0000%8h10.742+0.393%$935K$1.0M50xas long as short
GRVT NOK_USDT_Perp0.0000%8h10.710+0.094%$3K$116K10xas long as short
SunX NOK-USDTlong0.0000%8h10.700long leg$1K$1.2M10x
HTX NOK-USDT0.0000%8h10.720+0.187%$9K$6K10xas long as short
Phemex NOKUSDT0.0000%8h10.740+0.374%$1.6M$631K10xas long as short
Lighter NOK+0.0032%1h10.704+0.037%10xas long as short
OKX NOK-USDT-SWAP+0.0056%8h10.750+0.467%$1.2M$1.2M20xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin NOKUSDTM+0.0100%8h10.7000.000%$293K$441K20xas long as short
Variational Omni NOK+0.0270%8h10.723+0.217%$129K$118Kas long as short
tradeXYZ xyz:NOK+0.0293%1h10.722+0.206%$4.4M$1.4M10xas long as short
MEXC NOKSTOCK_USDT+0.0511%8h10.730+0.280%$1.5M$118K50xas long as short
Extended NOK-USD+0.0512%1h10.730+0.284%$36K$281K10xas long as short
Binance NOKUSDTshort+0.0513%8h10.750+0.467%$7.2M$10.2M20x