NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0443%/8h= −48.6% APRnext payment −$4.43 per $10,000 · paid last 24h +0.002%

Price spread now: OKX against MEXC−0.065%7-day average +0.087% · you buy dearer than you sell

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$94as in the Price arb table

costs, in and out, $10k−$790.787% of the position

Long on MEXC Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.076%−$8 on $10k

Price spread, last 7 days+0.127%+$13 · spread now −0.065%, 7d avg +0.087%

Together, before fees+0.050%+$5 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and OKX is 0.152% cheaper against MEXC than usual: you would sell low and buy high (−$15 if the spread goes back to its 7-day average of +0.087%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.43 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.750	0.0496	pay 0.0496% / 8h	7h 59m	$1.5M	$117K	50x
Short	OKX NOK-USDT-SWAP	10.743	0.0053	get 0.0053% / 8h	7h 59m	$1.2M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against MEXC. 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 MEXCbpFee OKXbpOrdersPrice spread, now −0.065%Rate

Funding earned: −$93.12
Price spread: −0.065% → +0.087%: −$15.18
Slippage, 4 orders: −$68.66
Fee MEXC: 0 bp × 2 orders: $0
Fee OKX: 5 bp × 2 orders: −$10
Net: −$186.97
Costs to cover: 0.787%
Break-even: never at this rate

Slippage from MEXC: live order book, 2 min ago; OKX: 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 MEXC live order book, 2 min ago	9.30 bp	9.3 bp −$9	33.5 bp −$335	157.3 bp −$15.7K	264.9 bp −$132.5K
Sell OKX live order book, 2 min ago	4.65 bp	34.0 bp −$34	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
Bitget NOKSTOCKUSDT	−0.0559%	8h	10.792	+0.391%	$1.5M	$567K	20x	as long as short
Aster NOKUSDT	0.0000%	8h	10.738	−0.111%	$65K	$7K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.758	+0.073%	$3K	$117K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.740	−0.093%	$1K	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.730	−0.186%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.740	−0.093%	$1.6M	$623K	10x	as long as short
Vest NOK-PERP	0.0000%	1h	10.710	−0.372%	—	—	10x	as long as short
Lighter NOK	+0.0032%	1h	10.705	−0.419%	—	—	10x	as long as short
OKX NOK-USDT-SWAPshort	+0.0053%	8h	10.743	−0.065%	$1.2M	$1.2M	20x
KuCoin NOKUSDTM	+0.0100%	8h	10.740	−0.093%	$293K	$442K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0160%	8h	10.756	+0.056%	$937K	$989K	50x	as long as short
Variational Omni NOK	+0.0257%	8h	10.754	+0.033%	$129K	$118K	—	as long as short
tradeXYZ xyz:NOK	+0.0333%	1h	10.726	−0.223%	$4.4M	$1.4M	10x	as long as short
MEXC NOKSTOCK_USDTlong	+0.0496%	8h	10.750	long leg	$1.5M	$117K	50x
Binance NOKUSDT	+0.0501%	8h	10.740	−0.093%	$7.2M	$10.1M	20x	as long as short
Extended NOK-USD	+0.0504%	1h	10.747	−0.024%	$39K	$277K	10x	as long as short