NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.007%

Price spread now: KuCoin against Binance+0.010%7-day average −0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$239as in the Funding arb table

Net, price: spread back to 7d avg − costs−$244as in the Price arb table

costs, in and out, $10k−$2472.471% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.085%+$9 on $10k

Price spread, last 4 days (all we have)−0.010%−$1 · spread now +0.010%, 7d avg −0.021%

Together, before fees+0.075%+$8 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.021%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOKUSDT	10.989	0	get 0.0000% / 8h	5h 24m	$7.5M	$8.9M	20x
Short	KuCoin NOKUSDTM	10.990	0.0100	get 0.0100% / 8h	5h 24m	$301K	$353K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now +0.010%Rate

Funding earned: $21
Price spread: +0.010% → −0.021%: $3.11
Slippage, 4 orders: −$225.07
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$222.96
Costs to cover: 2.471%
Break-even: 81.3 days

Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 72 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 Binance live order book, 15 min ago	4.54 bp	17.6 bp −$18	63.6 bp −$636	doesn't fit	doesn't fit
Sell KuCoin live order book, 72 min ago	9.08 bp	94.8 bp −$95	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	10.993	+0.039%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.988	−0.009%	$39K	$176K	10x	as long as short
Binance NOKUSDTlong	0.0000%	8h	10.989	long leg	$7.5M	$8.9M	20x
OKX NOK-USDT-SWAP	0.0000%	8h	11.000	+0.101%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.990	+0.010%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.025	+0.329%	$1.5M	$587K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	+0.035%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.000	+0.101%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	+0.010%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	+0.192%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	10.990	+0.010%	$1.6M	$538K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	+0.010%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.980	−0.081%	—	—	10x	as long as short
Gate NOK_USDT	+0.0096%	8h	11.003	+0.129%	$968K	$987K	50x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	10.990	+0.010%	$301K	$353K	20x
tradeXYZ xyz:NOK	+0.0172%	1h	10.986	−0.026%	$4.2M	$1.1M	10x	as long as short