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: KuCoin against OKX−0.145%7-day average −0.077% · you buy dearer than you sell

Net, funding: paid 7d − costs−$258as in the Funding arb table

Net, price: spread back to 7d avg − costs−$281as in the Price arb table

costs, in and out, $10k−$2742.744% of the position

Long on OKX Short on KuCoin

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)+0.009%+$1 · spread now −0.145%, 7d avg −0.077%

Together, before fees+0.171%+$17 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.068% cheaper against OKX than usual: you would sell low and buy high (spread −0.145% now, against its 7-day average of −0.077%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX NOK-USDT-SWAP	11.026	0	get 0.0000% / 8h	6h 13m	$1.2M	$1.3M	20x
Short	KuCoin NOKUSDTM	11.010	0.0100	get 0.0100% / 8h	6h 13m	$300K	$333K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against OKX. 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 OKXbpFee KuCoinbpOrdersPrice spread, now −0.145%Rate

Funding earned: $21
Price spread: −0.145% → −0.077%: −$6.82
Slippage, 4 orders: −$252.39
Fee OKX: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$260.21
Costs to cover: 2.744%
Break-even: 93.7 days

Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 23 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 OKX live order book, 3 min ago	4.08 bp	21.6 bp −$22	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 23 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	11.019	−0.068%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.017	−0.079%	$40K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.020	−0.055%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAPlong	0.0000%	8h	11.026	long leg	$1.2M	$1.3M	20x
Gate NOK_USDT	0.0000%	8h	11.027	+0.009%	$971K	$1.0M	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.020	−0.054%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.051	+0.227%	$1.5M	$581K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.013	−0.118%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.023	−0.029%	$3K	$150K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.020	−0.054%	$915	$1.5M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	11.010	−0.145%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.020	−0.054%	$1.6M	$538K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.009	−0.154%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	−0.236%	—	—	10x	as long as short
KuCoin NOKUSDTMshort	+0.0100%	8h	11.010	−0.145%	$300K	$333K	20x
tradeXYZ xyz:NOK	+0.0360%	1h	11.016	−0.091%	$4.2M	$1.1M	10x	as long as short