Funding you earn now, next payment 16:00 UTC+0.0166%/8h= +18.2% APRnext payment +$1.66 per $10,000 · paid last 24h −0.007%
Price spread now: Gate against KuCoin+0.243%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs−$474as in the Funding arb table
Net, price: spread back to 7d avg − costs−$452as in the Price arb table
costs, in and out, $10k−$4664.663% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)−0.044%−$4 · spread now +0.243%, 7d avg +0.100%
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.143% dearer against KuCoin than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.100%. Mind the row above: over the last 7 days funding on this pair cost −0.081%, 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 | 10.720 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $293K | $441K | 20x |
| Short | Gate NOK_USDT | 10.746 | 0.0266 | get 0.0266% / 8h | 7h 34m | $935K | $1.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against KuCoin. 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
- $34.86
- Price spread: +0.243% → +0.100%
- $14.26
- Slippage, 4 orders
- −$439.27
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$417.15
- Costs to cover
- 4.663%
- Break-even
- 90.8 days
Slippage from KuCoin: live order book, 59 min ago; Gate: live order book, 2 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, 59 min ago | 4.64 bp | 227.2 bp −$227 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.26 bp | 34.7 bp −$35 | 269.6 bp −$2,696 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NOKSTOCKUSDT | −0.0433% | 8h | 10.786 | +0.616% | $1.5M | $586K | 20x | as long as short |
| Vest NOK-PERP | −0.0007% | 1h | 10.710 | −0.093% | — | — | 10x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.720 | 0.000% | $65K | $7K | 20x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.730 | +0.093% | $1K | $1.2M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.730 | +0.093% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.740 | +0.187% | $1.6M | $644K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.705 | −0.140% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAP | +0.0078% | 8h | 10.742 | +0.205% | $1.2M | $1.2M | 20x | as long as short |
| KuCoin NOKUSDTMlong | +0.0100% | 8h | 10.720 | long leg | $293K | $441K | 20x | |
| GRVT NOK_USDT_Perp | +0.0119% | 8h | 10.720 | 0.000% | $3K | $111K | 10x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOK_USDTshort | +0.0266% | 8h | 10.746 | +0.243% | $935K | $1.0M | 50x | |
| tradeXYZ xyz:NOK | +0.0292% | 1h | 10.722 | +0.019% | $4.4M | $1.4M | 10x | as long as short |
| Variational Omni NOK | +0.0307% | 8h | 10.738 | +0.170% | $129K | $118K | — | as long as short |
| MEXC NOKSTOCK_USDT | +0.0568% | 8h | 10.720 | 0.000% | $1.5M | $118K | 50x | as long as short |
| Extended NOK-USD | +0.0576% | 1h | 10.735 | +0.141% | $40K | $282K | 10x | as long as short |
| Binance NOKUSDT | +0.0578% | 8h | 10.737 | +0.156% | $7.3M | $10.4M | 20x | as long as short |
KuCoin NOKUSDTM
Gate NOK_USDT
Bitget NOKSTOCKUSDT
Aster NOKUSDT
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
OKX NOK-USDT-SWAP
GRVT NOK_USDT_Perp
tradeXYZ xyz:NOK
Variational Omni NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
Binance NOKUSDT