Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%
Price spread now: KuCoin against SunX−0.091%54s7-day average +0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$354as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3753.745% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.091%, 7d avg +0.096%
=Funding pays, the price is against you. KuCoin is 0.187% cheaper against SunX than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.096%). If the spread goes back, that is −$19 on $10k: about 6.2 days of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NOK-USDT | 11.010 | 0 | get 0.0000% / 8h | 3h 46m | $793 | $1.4M | 10x |
| Short | KuCoin NOKUSDTM | 11.000 | 0.0100 | get 0.0100% / 8h | 3h 46m | $301K | $399K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $21
- Price spread: −0.091% → +0.096%
- −$18.66
- Slippage, 4 orders
- −$354.54
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$372.2
- Costs to cover
- 3.745%
- Break-even
- 131.1 days
Slippage from SunX: live order book, 8 min ago; KuCoin: live order book, 26 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, 8 min ago | 50.02 bp | 100.6 bp −$101 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 26 min ago | 4.54 bp | 83.2 bp −$83 | doesn't fit | 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 | 11.005 | −0.045% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 11.007 | −0.029% | $39K | $166K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 11.010 | 0.000% | $7.5M | $9.0M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.010 | 0.000% | $1.2M | $1.2M | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 11.020 | +0.091% | $961K | $982K | 50x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 11.000 | −0.091% | $1.6M | $111K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 11.021 | +0.100% | $1.5M | $607K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 10.993 | −0.154% | $136K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.990 | −0.182% | $3K | $146K | 10x | as long as short |
| SunX NOK-USDTlong | 0.0000% | 8h | 11.010 | long leg | $793 | $1.4M | 10x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOK-USDT | 0.0000% | 8h | 10.990 | −0.182% | $9K | $5K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 11.010 | 0.000% | $1.6M | $546K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.990 | −0.182% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.980 | −0.272% | — | — | 10x | as long as short |
| KuCoin NOKUSDTMshort | +0.0100% | 8h | 11.000 | −0.091% | $301K | $399K | 20x | |
| tradeXYZ xyz:NOK | +0.0146% | 1h | 11.002 | −0.073% | $4.2M | $1.1M | 10x | as long as short |
SunX NOK-USDT
KuCoin NOKUSDTM
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
tradeXYZ xyz:NOK