Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.007%
Price spread now: KuCoin against MEXC−0.091%7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$215as in the Funding arb table
Net, price: spread back to 7d avg − costs−$235as in the Price arb table
costs, in and out, $10k−$2242.235% of the position
Funding, last 7 days+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.186%+$19 · spread now −0.091%, 7d avg +0.025%
=Funding pays, the price is against you. KuCoin is 0.116% cheaper against MEXC than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.025%). If the spread goes back, that is −$12 on $10k: about 3.9 days of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.086% in total) that is about 9.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC NOKSTOCK_USDT | 10.990 | 0 | get 0.0000% / 8h | 5h 21m | $1.6M | $112K | 50x |
| Short | KuCoin NOKUSDTM | 10.980 | 0.0100 | get 0.0100% / 8h | 5h 21m | $301K | $354K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against MEXC. 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
- $21
- Price spread: −0.091% → +0.025%
- −$11.59
- Slippage, 4 orders
- −$211.55
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$214.14
- Costs to cover
- 2.235%
- Break-even
- 78.4 days
Slippage from MEXC: live order book, 5 min ago; KuCoin: live order book, 75 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 MEXC live order book, 5 min ago | 4.55 bp | 4.5 bp −$5 | 20.2 bp −$202 | 137.6 bp −$13.8K | 266.6 bp −$133.3K |
| Sell KuCoin live order book, 75 min ago | 9.08 bp | 94.8 bp −$95 | 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 | 11.000 | +0.093% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 10.997 | +0.064% | $39K | $172K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 11.000 | +0.087% | $7.5M | $8.9M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.015 | +0.227% | $1.2M | $1.2M | 20x | as long as short |
| MEXC NOKSTOCK_USDTlong | 0.0000% | 8h | 10.990 | long leg | $1.6M | $112K | 50x | |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 11.028 | +0.346% | $1.5M | $586K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 10.993 | +0.025% | $136K | $113K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 11.000 | +0.091% | $3K | $147K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.990 | 0.000% | $1K | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 11.010 | +0.182% | $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 | 0.000% | $1.6M | $541K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.990 | 0.000% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 11.000 | +0.091% | — | — | 10x | as long as short |
| Gate NOK_USDT | +0.0088% | 8h | 11.014 | +0.218% | $968K | $992K | 50x | as long as short |
| KuCoin NOKUSDTMshort | +0.0100% | 8h | 10.980 | −0.091% | $301K | $354K | 20x | |
| tradeXYZ xyz:NOK | +0.0161% | 1h | 10.995 | +0.045% | $4.2M | $1.1M | 10x | as long as short |
MEXC NOKSTOCK_USDT
KuCoin NOKUSDTM
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Gate NOK_USDT
tradeXYZ xyz:NOK