Funding you earn now, next payment 16:00 UTC+0.1009%/8h= +110.5% APRnext payment +$10.09 per $10,000 · paid last 24h +0.102%
Price spread now: MEXC against Bitget−0.622%7-day average −0.262% · you buy dearer than you sell
Net, funding: paid 7d − costs−$137as in the Funding arb table
Net, price: spread back to 7d avg − costs−$174as in the Price arb table
costs, in and out, $10k−$1381.382% of the position
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days+0.339%+$34 · spread now −0.622%, 7d avg −0.262%
=Funding pays, the price is against you. MEXC is 0.360% cheaper against Bitget than usual: you would sell low and buy high (spread −0.622% now, against its 7-day average of −0.262%). If the spread goes back, that is −$36 on $10k: about 29 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.008% in total) that is about 11 months.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.008% in total (about 0.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$10.09 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 | Bitget NOKSTOCKUSDT | 10.777 | −0.0444 | get 0.0444% / 8h | 7h 36m | $1.5M | $586K | 20x |
| Short | MEXC NOKSTOCK_USDT | 10.710 | 0.0565 | get 0.0565% / 8h | 7h 36m | $1.5M | $118K | 50x |
Bitget NOKSTOCKUSDT
MEXC NOKSTOCK_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $211.89
- Price spread: −0.622% → −0.262%
- −$35.95
- Slippage, 4 orders
- −$126.16
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- $37.77
- Costs to cover
- 1.382%
- Break-even
- 5.8 days
Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 5 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, 5 min ago | 16.25 bp | 25.1 bp −$25 | 27.9 bp −$279 | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 14.00 bp | 22.9 bp −$23 | 34.9 bp −$349 | 130.8 bp −$13.1K | 271.0 bp −$135.5K |
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 NOKSTOCKUSDTlong | −0.0444% | 8h | 10.777 | long leg | $1.5M | $586K | 20x | |
| Vest NOK-PERP | −0.0008% | 1h | 10.690 | −0.807% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.720 | −0.529% | $65K | $7K | 20x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.730 | −0.436% | $1K | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.730 | −0.436% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.740 | −0.343% | $1.6M | $643K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.704 | −0.677% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0074% | 8h | 10.732 | −0.418% | $1.2M | $1.2M | 20x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.720 | −0.529% | $293K | $440K | 20x | as long as short |
| GRVT NOK_USDT_Perp | +0.0119% | 8h | 10.720 | −0.529% | $3K | $111K | 10x | as long as short |
Vest NOK-PERP
Aster NOKUSDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
OKX NOK-USDT-SWAP
KuCoin NOKUSDTM
GRVT NOK_USDT_PerpShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOK_USDT | +0.0241% | 8h | 10.738 | −0.362% | $935K | $1.0M | 50x | as long as short |
| tradeXYZ xyz:NOK | +0.0282% | 1h | 10.713 | −0.594% | $4.4M | $1.4M | 10x | as long as short |
| Variational Omni NOK | +0.0290% | 8h | 10.718 | −0.545% | $129K | $118K | — | as long as short |
| MEXC NOKSTOCK_USDTshort | +0.0565% | 8h | 10.710 | −0.622% | $1.5M | $118K | 50x | |
| Extended NOK-USD | +0.0568% | 1h | 10.727 | −0.462% | $36K | $277K | 10x | as long as short |
| Binance NOKUSDT | +0.0568% | 8h | 10.730 | −0.436% | $7.3M | $10.4M | 20x | as long as short |
Gate NOK_USDT
tradeXYZ xyz:NOK
Variational Omni NOK
Extended NOK-USD
Binance NOKUSDT