NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0112%/8h= −12.2% APRnext payment −$0.14 per $10,000 · paid last 24h −0.027%

Price spread now: Extended against tradeXYZ+0.158%7-day average −0.012% · you sell dearer than you buy

Net, funding: paid 7d − costs−$99as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$750.751% of the position

Long on tradeXYZ Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.240%−$24 on $10k

Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.158%, 7d avg −0.012%

Together, before fees−0.379%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.170% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.158% now, against its 7-day average of −0.012%): +$17 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 5.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NOK	10.770	0.0512	pay 0.0064% / 1h	34m 57s	$4.4M	$1.3M	10x
Short	Extended NOK-USD	10.787	0.0400	get 0.0050% / 1h	34m 57s	$37K	$274K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.158%Rate

Funding earned: −$23.46
Price spread: +0.158% → −0.012%: $17
Slippage, 4 orders: −$52.1
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$81.56
Costs to cover: 0.751%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 3 min ago; Extended: 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 tradeXYZ live order book, 3 min ago	1.39 bp	12.5 bp −$13	30.7 bp −$307	doesn't fit	doesn't fit
Sell Extended live order book, 2 min ago	6.98 bp	20.0 bp −$20	122.8 bp −$1,228	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
Bitget NOKSTOCKUSDT	−0.0209%	8h	10.808	+0.353%	$1.5M	$569K	20x	as long as short
Aster NOKUSDT	0.0000%	8h	10.794	+0.225%	$66K	$7K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.789	+0.172%	$3K	$121K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.770	0.000%	$1K	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.780	+0.093%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.780	+0.093%	$1.6M	$604K	10x	as long as short
OKX NOK-USDT-SWAP	+0.0003%	8h	10.781	+0.102%	$1.2M	$1.3M	20x	as long as short
Lighter NOK	+0.0032%	1h	10.750	−0.186%	—	—	10x	as long as short
Vest NOK-PERP	+0.0034%	1h	10.730	−0.371%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.780	+0.093%	$294K	$448K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0156%	8h	10.791	+0.195%	$945K	$1.0M	50x	as long as short
Variational Omni NOK	+0.0197%	8h	10.773	+0.027%	$129K	$117K	—	as long as short
MEXC NOKSTOCK_USDT	+0.0392%	8h	10.790	+0.186%	$1.5M	$119K	50x	as long as short
Binance NOKUSDT	+0.0396%	8h	10.790	+0.186%	$7.2M	$9.8M	20x	as long as short
Extended NOK-USDshort	+0.0400%	1h	10.787	+0.158%	$37K	$274K	10x
tradeXYZ xyz:NOKlong	+0.0512%	1h	10.770	long leg	$4.4M	$1.3M	10x