Funding you earn now, next payment 08:00 UTC+0.0160%/8h= +17.5% APRnext payment +$1.60 per $10,000 · paid last 24h −0.011%
Price spread now: Gate against Bitget−0.283%7-day average −0.176% · you buy dearer than you sell
Net, funding: paid 7d − costs−$158as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1471.472% of the position
Funding, last 7 days−0.105%−$11 on $10k
+Price spread, last 4 days (all we have)+0.455%+$46 · spread now −0.283%, 7d avg −0.176%
=Funding pays, the price is against you. Gate is 0.107% cheaper against Bitget than usual: you would sell low and buy high (spread −0.283% now, against its 7-day average of −0.176%). If the spread goes back, that is −$11 on $10k: about 2.2 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.105%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NOKSTOCKUSDT | 10.936 | 0 | get 0.0000% / 8h | 1h 54m | $1.5M | $580K | 20x |
| Short | Gate NOK_USDT | 10.905 | 0.0160 | get 0.0160% / 8h | 1h 54m | $945K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Bitget. 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
- $33.6
- Price spread: −0.283% → −0.176%
- −$10.74
- Slippage, 4 orders
- −$120.23
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$124.36
- Costs to cover
- 1.472%
- Break-even
- 32.9 days
Slippage from Bitget: live order book, 2 min ago; Gate: live order book, 3 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 Bitget live order book, 2 min ago | 14.62 bp | 37.5 bp −$37 | 52.7 bp −$527 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.12 bp | 35.7 bp −$36 | 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 | 10.909 | −0.249% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.911 | −0.229% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDTlong | 0.0000% | 8h | 10.936 | long leg | $1.5M | $580K | 20x | |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.920 | −0.146% | $3K | $129K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.910 | −0.238% | $1K | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.960 | +0.219% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.900 | −0.329% | $1.6M | $588K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.890 | −0.421% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.880 | −0.512% | — | — | 10x | as long as short |
| Variational Omni NOK | +0.0069% | 8h | 10.913 | −0.209% | $131K | $117K | — | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.910 | −0.238% | $297K | $435K | 20x | as long as short |
| tradeXYZ xyz:NOK | +0.0145% | 1h | 10.892 | −0.402% | $4.3M | $1.2M | 10x | as long as short |
| Gate NOK_USDTshort | +0.0160% | 8h | 10.905 | −0.283% | $945K | $1.0M | 50x | |
| MEXC NOKSTOCK_USDT | +0.0213% | 8h | 10.900 | −0.329% | $1.5M | $115K | 50x | as long as short |
| Extended NOK-USD | +0.0216% | 1h | 10.906 | −0.277% | $37K | $162K | 10x | as long as short |
| Binance NOKUSDT | +0.0217% | 8h | 10.909 | −0.245% | $7.3M | $9.6M | 20x | as long as short |
Bitget NOKSTOCKUSDT
Gate NOK_USDT
Aster NOKUSDT
OKX NOK-USDT-SWAP
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Variational Omni NOK
KuCoin NOKUSDTM
tradeXYZ xyz:NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
Binance NOKUSDT