Funding you earn now, next payment 16:00 UTC−0.0348%/8h= −38.1% APRnext payment −$3.48 per $10,000 · paid last 24h +0.009%
Price spread now: OKX against Variational Omni+0.046%7-day average +0.077% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.112%+$11 · spread now +0.046%, 7d avg +0.077%
=Together, before fees+0.121%+ Points / potential airdropVariational Omni: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and OKX is 0.031% cheaper against Variational Omni than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.077%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.009% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.48 per $10,000. 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 | Variational Omni NOK | 10.843 | 0.0446 | pay 0.0446% / 8h | 6h 57m | $131K | $118K | — |
| Short | OKX NOK-USDT-SWAP | 10.848 | 0.0098 | get 0.0098% / 8h | 6h 57m | $1.2M | $1.3M | 20x |
Variational Omni NOK
OKX NOK-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Variational Omni. 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
- −$73.14
- Price spread: +0.046% → +0.077%
- −$3.13
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$86.27
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 36 min ago; OKX: live order book, 4 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 36 min ago | 12.11 bp | doesn't fit | 142.1 bp −$1,421 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 2.76 bp | 41.7 bp −$42 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NOKSTOCKUSDT | −0.0214% | 8h | 10.873 | +0.277% | $1.5M | $548K | 20x | as long as short |
| Vest NOK-PERP | −0.0009% | 1h | 10.830 | −0.120% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.828 | −0.138% | $66K | $7K | 20x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.830 | −0.120% | $951 | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.860 | +0.157% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.840 | −0.028% | $1.6M | $656K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.824 | −0.175% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAPshort | +0.0098% | 8h | 10.848 | +0.046% | $1.2M | $1.3M | 20x | |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.840 | −0.028% | $295K | $445K | 20x | as long as short |
| tradeXYZ xyz:NOK | +0.0196% | 1h | 10.830 | −0.120% | $4.5M | $1.4M | 10x | as long as short |
Bitget NOKSTOCKUSDT
Vest NOK-PERP
Aster NOKUSDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
KuCoin NOKUSDTM
tradeXYZ xyz:NOKShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT NOK_USDT_Perp | +0.0343% | 8h | 10.850 | +0.065% | $3K | $107K | 10x | as long as short |
| Gate NOK_USDT | +0.0391% | 8h | 10.856 | +0.120% | $936K | $985K | 50x | as long as short |
| Variational Omni NOKlong | +0.0446% | 8h | 10.843 | long leg | $131K | $118K | — | |
| Extended NOK-USD | +0.0688% | 1h | 10.837 | −0.055% | $40K | $280K | 10x | as long as short |
| Binance NOKUSDT | +0.0691% | 8h | 10.840 | −0.028% | $7.4M | $10.5M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0691% | 8h | 10.840 | −0.028% | $1.5M | $115K | 50x | as long as short |
GRVT NOK_USDT_Perp
Gate NOK_USDT
Extended NOK-USD
Binance NOKUSDT
MEXC NOKSTOCK_USDT