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 +0.009%

Price spread now: OKX against KuCoin+0.319%7-day average +0.077% · you sell dearer than you buy

Net, funding: paid 7d − costs−$278as in the Funding arb table

Net, price: spread back to 7d avg − costs−$238as in the Price arb table

costs, in and out, $10k−$2622.619% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.162%−$16 on $10k

Price spread, last 4 days (all we have)−0.092%−$9 · spread now +0.319%, 7d avg +0.077%

Together, before fees−0.254%−$25 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.242% dearer against KuCoin than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.077%): +$24 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 8.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	10.980	0.0100	pay 0.0100% / 8h	5h 21m	$301K	$354K	20x
Short	OKX NOK-USDT-SWAP	11.015	0	get 0.0000% / 8h	5h 21m	$1.2M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.319%Rate

Funding earned: −$21
Price spread: +0.319% → +0.077%: $24.2
Slippage, 4 orders: −$239.9
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$258.7
Costs to cover: 2.619%
Break-even: never at this rate

Slippage from KuCoin: live order book, 75 min ago; OKX: 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 KuCoin live order book, 75 min ago	9.08 bp	119.7 bp −$120	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.36 bp	29.5 bp −$30	236.8 bp −$2,368	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	11.000	+0.184%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.997	+0.155%	$39K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.000	+0.178%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAPshort	0.0000%	8h	11.015	+0.319%	$1.2M	$1.2M	20x
MEXC NOKSTOCK_USDT	0.0000%	8h	10.990	+0.091%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.028	+0.437%	$1.5M	$586K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	+0.116%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.000	+0.182%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	+0.091%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	+0.273%	$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	10.990	+0.091%	$1.6M	$541K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	+0.091%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	+0.182%	—	—	10x	as long as short
Gate NOK_USDT	+0.0088%	8h	11.014	+0.310%	$968K	$992K	50x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	10.980	long leg	$301K	$354K	20x
tradeXYZ xyz:NOK	+0.0161%	1h	10.995	+0.137%	$4.2M	$1.1M	10x	as long as short