Funding you earn now, next payment 05:00 UTC+0.0440%/8h= +48.1% APRpaid last 24h +0.060%
Price spread now: tradeXYZ against Variational Omni−0.229%7-day average −0.005% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.104%+$10 on $10k
+Price spread, last 4 days (all we have)+0.220%+$22 · spread now −0.229%, 7d avg −0.005%
=Together, before fees+0.324%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.223% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.229% now, against its 7-day average of −0.005%). If the spread goes back, that is −$22 on $10k: about 41 hours of funding at the current rate (+$13 a day). At the pace of the last 4 days (+0.104% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.104% in total (about 10.7% 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 | Variational Omni NOK | 10.963 | 0 | get 0.0000% / 8h | 3h 17m | $135K | $113K | — |
| Short | tradeXYZ xyz:NOK | 10.938 | 0.0440 | get 0.0055% / 1h | 17m 05s | $4.2M | $1.2M | 10x |
Variational Omni NOK
tradeXYZ xyz:NOKFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $92.32
- Price spread: −0.229% → −0.005%
- −$22.34
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $51.98
- Costs to cover
- 0.180%
- Break-even
- 3.1 days
Slippage unknown: Variational Omni: RFQ quote, 37 min ago; tradeXYZ: live order book, 11 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, 37 min ago | 11.92 bp | doesn't fit | 96.1 bp −$961 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 3.19 bp | 23.1 bp −$23 | 40.6 bp −$406 | 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 | 10.936 | −0.249% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.935 | −0.254% | $37K | $160K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 10.952 | −0.103% | $7.4M | $9.2M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.950 | −0.119% | $1.2M | $1.2M | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 10.953 | −0.092% | $952K | $996K | 50x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 10.940 | −0.211% | $1.6M | $113K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.986 | +0.209% | $1.5M | $589K | 20x | as long as short |
| Variational Omni NOKlong | 0.0000% | 8h | 10.963 | long leg | $135K | $113K | — | |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.963 | +0.004% | $3K | $145K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.940 | −0.211% | $1K | $1.4M | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOK-USDT | 0.0000% | 8h | 10.930 | −0.302% | $9K | $5K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.960 | −0.028% | $1.6M | $560K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.919 | −0.402% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.900 | −0.575% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.920 | −0.393% | $299K | $409K | 20x | as long as short |
| tradeXYZ xyz:NOKshort | +0.0440% | 1h | 10.938 | −0.229% | $4.2M | $1.2M | 10x |
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM