Funding you earn now, next payment 06:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h −0.071%
Price spread now: SunX against tradeXYZ+0.037%7-day average −0.071% · you sell dearer than you buy
Net, funding: paid 7d − costs−$281as in the Funding arb table
Net, price: spread back to 7d avg − costs−$232as in the Price arb table
costs, in and out, $10k−$2432.432% of the position
Funding, last 7 days−0.375%−$38 on $10k
+Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.037%, 7d avg −0.071%
=Together, before fees−0.501%+ Points / potential airdroptradeXYZ: Active · farm board−$50 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.108% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.071%): +$11 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.375% in total) that is about 2.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.375% in total (about -19.6% 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 | 10.906 | 0.0566 | pay 0.0071% / 1h | 45m 44s | $4.3M | $1.2M | 10x |
| Short | SunX NOK-USDT | 10.910 | 0 | get 0.0000% / 8h | 2h 45m | $1K | $1.4M | 10x |
tradeXYZ xyz:NOK
SunX NOK-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$118.88
- Price spread: +0.037% → −0.071%
- $10.77
- Slippage, 4 orders
- −$217.2
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$351.31
- Costs to cover
- 2.432%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 3 min ago; SunX: live order book, 9 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 | 3.21 bp | 20.4 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 50.25 bp | 102.1 bp −$102 | 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 | 10.912 | +0.056% | $66K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.907 | +0.010% | $42K | $160K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 10.914 | +0.069% | $7.3M | $9.3M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.921 | +0.138% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 10.910 | +0.037% | $1.5M | $111K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.947 | +0.376% | $1.5M | $593K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 10.913 | +0.065% | $135K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.950 | +0.403% | $3K | $135K | 10x | as long as short |
| SunX NOK-USDTshort | 0.0000% | 8h | 10.910 | +0.037% | $1K | $1.4M | 10x | |
| HTX NOK-USDT | 0.0000% | 8h | 10.940 | +0.312% | $9K | $5K | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
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 | +0.037% | $1.6M | $569K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.900 | −0.055% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.900 | −0.055% | — | — | 10x | as long as short |
| Gate NOK_USDT | +0.0090% | 8h | 10.925 | +0.174% | $948K | $996K | 50x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.910 | +0.037% | $299K | $421K | 20x | as long as short |
| tradeXYZ xyz:NOKlong | +0.0566% | 1h | 10.906 | long leg | $4.3M | $1.2M | 10x |
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERP
Gate NOK_USDT
KuCoin NOKUSDTM