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 +0.015%

Price spread now: KuCoin against Gate−0.163%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$221as in the Funding arb table

Net, price: spread back to 7d avg − costs−$237as in the Price arb table

costs, in and out, $10k−$2312.305% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.098%+$10 on $10k

Price spread, last 4 days (all we have)−0.020%−$2 · spread now −0.163%, 7d avg −0.100%

Together, before fees+0.077%+$8 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.063% cheaper against Gate than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.100%). If the spread goes back, that is −$6 on $10k: about 2.1 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.098% in total) that is about 4.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOK_USDT	11.028	0	get 0.0000% / 8h	6h 37m	$985K	$988K	50x
Short	KuCoin NOKUSDTM	11.010	0.0100	get 0.0100% / 8h	6h 37m	$300K	$322K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.163%Rate

Funding earned: $21
Price spread: −0.163% → −0.100%: −$6.27
Slippage, 4 orders: −$203.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$215.81
Costs to cover: 2.305%
Break-even: 78.9 days

Slippage from Gate: live order book, 14 min ago; KuCoin: live order book, 73 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, 14 min ago	5.88 bp	22.3 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 73 min ago	4.53 bp	109.8 bp −$110	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	11.021	−0.066%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.017	−0.097%	$37K	$169K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	−0.073%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.027	−0.009%	$1.2M	$1.3M	20x	as long as short
Gate NOK_USDTlong	0.0000%	8h	11.028	long leg	$985K	$988K	50x
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	−0.163%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.041	+0.118%	$1.5M	$580K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.013	−0.133%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.011	−0.153%	$4K	$150K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	−0.163%	$700	$1.5M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	11.010	−0.163%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	−0.163%	$1.6M	$534K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.009	−0.172%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.020	−0.073%	—	—	10x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	11.010	−0.163%	$300K	$322K	20x
tradeXYZ xyz:NOK	+0.0180%	1h	11.017	−0.100%	$4.2M	$1.1M	10x	as long as short