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 +0.011%

Price spread now: Bitget against Gate+0.045%7-day average +0.179% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$139as in the Price arb table

costs, in and out, $10k−$1261.259% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.105%+$11 on $10k

Price spread, last 4 days (all we have)−0.244%−$24 · spread now +0.045%, 7d avg +0.179%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.134% cheaper against Gate than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.179%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.105%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOK_USDT	11.030	0.0100	pay 0.0100% / 8h	5h 30m	$970K	$987K	50x
Short	Bitget NOKSTOCKUSDT	11.035	0	get 0.0000% / 8h	5h 30m	$1.5M	$587K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. 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 GatebpFee BitgetbpOrdersPrice spread, now +0.045%Rate

Funding earned: −$21
Price spread: +0.045% → +0.179%: −$13.37
Slippage, 4 orders: −$98.85
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$160.23
Costs to cover: 1.259%
Break-even: never at this rate

Slippage from Gate: live order book, 16 min ago; Bitget: live order book, 1 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 Gate live order book, 16 min ago	4.08 bp	35.2 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 1 min ago	5.89 bp	45.3 bp −$45	80.1 bp −$801	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	11.016	−0.125%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.007	−0.210%	$37K	$173K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.010	−0.181%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.010	−0.181%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	−0.181%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDTshort	0.0000%	8h	11.035	+0.045%	$1.5M	$587K	20x
Variational Omni NOK	0.0000%	8h	11.013	−0.156%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.010	−0.181%	$3K	$148K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.020	−0.091%	$992	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.030	0.000%	$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	11.020	−0.091%	$1.6M	$537K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.000	−0.272%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	−0.272%	—	—	10x	as long as short
Gate NOK_USDTlong	+0.0100%	8h	11.030	long leg	$970K	$987K	50x
KuCoin NOKUSDTM	+0.0100%	8h	11.010	−0.181%	$302K	$351K	20x	as long as short
tradeXYZ xyz:NOK	+0.0229%	1h	11.006	−0.218%	$4.2M	$1.1M	10x	as long as short