NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0069%/8h= +7.5% APRnext payment +$0.69 per $10,000 · paid last 24h +0.007%

Price spread now: Binance against KuCoin+0.251%7-day average +0.021% · you sell dearer than you buy

Net, funding: paid 7d − costs−$253as in the Funding arb table

Net, price: spread back to 7d avg − costs−$222as in the Price arb table

costs, in and out, $10k−$2452.449% of the position

Long on KuCoin Short on Binance

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)+0.034%+$3 · spread now +0.251%, 7d avg +0.021%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Binance is 0.231% dearer against KuCoin than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.021%. Mind the row above: over the last 7 days funding on this pair cost −0.085%, 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	KuCoin NOKUSDTM	10.920	0.0100	pay 0.0100% / 8h	2h 08m	$298K	$430K	20x
Short	Binance NOKUSDT	10.947	0.0169	get 0.0169% / 8h	2h 08m	$7.3M	$9.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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 KuCoinbpFee BinancebpOrdersPrice spread, now +0.251%Rate

Funding earned: $14.47
Price spread: +0.251% → +0.021%: $23.06
Slippage, 4 orders: −$222.86
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$207.33
Costs to cover: 2.449%
Break-even: 107.3 days

Slippage from KuCoin: live order book, 50 min ago; Binance: 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 KuCoin live order book, 50 min ago	9.15 bp	103.0 bp −$103	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	4.57 bp	16.3 bp −$16	63.9 bp −$639	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	10.941	+0.196%	$67K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.951	+0.284%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.939	+0.174%	$1.5M	$595K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.934	+0.126%	$3K	$131K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.940	+0.183%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.970	+0.458%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.950	+0.275%	$1.6M	$586K	10x	as long as short
Variational Omni NOK	+0.0009%	8h	10.943	+0.211%	$131K	$117K	—	as long as short
Lighter NOK	+0.0032%	1h	10.919	−0.009%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.920	0.000%	—	—	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOKUSDTMlong	+0.0100%	8h	10.920	long leg	$298K	$430K	20x
Gate NOK_USDT	+0.0157%	8h	10.954	+0.311%	$954K	$1.0M	50x	as long as short
MEXC NOKSTOCK_USDT	+0.0160%	8h	10.930	+0.092%	$1.5M	$117K	50x	as long as short
Extended NOK-USD	+0.0168%	1h	10.943	+0.213%	$38K	$160K	10x	as long as short
Binance NOKUSDTshort	+0.0169%	8h	10.947	+0.251%	$7.3M	$9.6M	20x
tradeXYZ xyz:NOK	+0.0432%	1h	10.937	+0.156%	$4.3M	$1.2M	10x	as long as short