Funding you earn now, next payment 06:00 UTC−0.0592%/8h= −64.9% APRpaid last 24h −0.045%
Price spread now: Bitget against tradeXYZ+0.385%7-day average +0.274% · you sell dearer than you buy
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$1041.040% of the position
Funding, last 7 days−0.157%−$16 on $10k
+Price spread, last 7 days−0.141%−$14 · spread now +0.385%, 7d avg +0.274%
=Together, before fees−0.298%+ Points / potential airdroptradeXYZ: Active · farm board−$30 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.112% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.385% now, against its 7-day average of +0.274%): +$11 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.157% in total) that is about 5.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.157% in total (about -8.2% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:NOK | 10.905 | 0.0592 | pay 0.0074% / 1h | 46m 13s | $4.3M | $1.2M | 10x |
| Short | Bitget NOKSTOCKUSDT | 10.947 | 0 | get 0.0000% / 8h | 2h 46m | $1.5M | $593K | 20x |
tradeXYZ xyz:NOK
Bitget NOKSTOCKUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against tradeXYZ. 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
- −$124.39
- Price spread: +0.385% → +0.274%
- $11.16
- Slippage, 4 orders
- −$74
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$217.23
- Costs to cover
- 1.040%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; Bitget: live order book, 5 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 tradeXYZ live order book, 2 min ago | 3.21 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 13.69 bp | 23.7 bp −$24 | 101.2 bp −$1,012 | 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 | 10.920 | +0.137% | $66K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.907 | +0.019% | $42K | $160K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 10.910 | +0.046% | $7.3M | $9.4M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.917 | +0.110% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 10.920 | +0.138% | $1.6M | $111K | 50x | as long as short |
| Bitget NOKSTOCKUSDTshort | 0.0000% | 8h | 10.947 | +0.385% | $1.5M | $593K | 20x | |
| Variational Omni NOK | 0.0000% | 8h | 10.953 | +0.441% | $135K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.950 | +0.413% | $3K | $135K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.910 | +0.046% | $1K | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.940 | +0.321% | $9K | $5K | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
MEXC NOKSTOCK_USDT
Variational Omni NOK
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex NOKUSDT | 0.0000% | 8h | 10.910 | +0.046% | $1.6M | $569K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.890 | −0.138% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.900 | −0.046% | — | — | 10x | as long as short |
| Gate NOK_USDT | +0.0090% | 8h | 10.930 | +0.229% | $949K | $996K | 50x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.920 | +0.138% | $299K | $421K | 20x | as long as short |
| tradeXYZ xyz:NOKlong | +0.0592% | 1h | 10.905 | long leg | $4.3M | $1.2M | 10x |
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERP
Gate NOK_USDT
KuCoin NOKUSDTM