Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
SwapBacktest
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 −0.030%
Price spread now: SunX against KuCoin0.000%7-day average −0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$437as in the Funding arb table
Net, price: spread back to 7d avg − costs−$406as in the Price arb table
costs, in and out, $10k−$4164.159% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 3 days (all we have)−0.140%−$14 · spread now 0.000%, 7d avg −0.096%
Together, before fees−0.350%−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.096% dearer against KuCoin than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.096%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NOKUSDTM11.0100.0100pay 0.0100% / 8h6h 13m$300K$334K20x
ShortSunX NOK-USDT11.0100get 0.0000% / 8h6h 13m$914$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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

Funding earned
−$21
Price spread: 0.000% → −0.096%
$9.6
Slippage, 4 orders
−$395.88
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$427.29
Costs to cover
4.159%
Break-even
never at this rate
Slippage from KuCoin: live order book, 23 min ago; SunX: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 23 min ago9.08 bp119.7 bp −$120doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 12 min ago49.80 bp101.2 bp −$101doesn't fitdoesn't fitdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h11.017+0.067%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h11.017+0.063%$40K$172K10xas long as short
Binance NOKUSDT0.0000%8h11.020+0.091%$7.5M$8.9M20xas long as short
OKX NOK-USDT-SWAP0.0000%8h11.026+0.145%$1.2M$1.3M20xas long as short
Gate NOK_USDT0.0000%8h11.025+0.136%$971K$1.0M50xas long as short
MEXC NOKSTOCK_USDT0.0000%8h11.0100.000%$1.6M$113K50xas long as short
Bitget NOKSTOCKUSDT0.0000%8h11.046+0.327%$1.5M$581K20xas long as short
Variational Omni NOK0.0000%8h11.013+0.027%$137K$113Kas long as short
GRVT NOK_USDT_Perp0.0000%8h11.023+0.116%$3K$150K10xas long as short
SunX NOK-USDTshort0.0000%8h11.0100.000%$914$1.5M10x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOK-USDT0.0000%8h11.0100.000%$9K$5K10xas long as short
Phemex NOKUSDT0.0000%8h11.0100.000%$1.6M$538K10xas long as short
Lighter NOK+0.0032%1h11.009−0.009%10xas long as short
Vest NOK-PERP+0.0046%1h11.000−0.091%10xas long as short
KuCoin NOKUSDTMlong+0.0100%8h11.010long leg$300K$334K20x
tradeXYZ xyz:NOK+0.0359%1h11.014+0.036%$4.2M$1.1M10xas long as short