NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0054%/8h= +5.9% APRnext payment +$0.54 per $10,000 · paid last 24h +0.015%

Price spread now: Gate against Phemex+0.218%7-day average +0.106% · you sell dearer than you buy

Net, funding: paid 7d − costs−$210as in the Funding arb table

Net, price: spread back to 7d avg − costs−$210as in the Price arb table

costs, in and out, $10k−$2212.211% of the position

Long on Phemex Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.112%+$11 on $10k

Price spread, last 3 days (all we have)−0.018%−$2 · spread now +0.218%, 7d avg +0.106%

Together, before fees+0.095%+$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Gate is 0.111% dearer against Phemex than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NOKUSDT	11.030	0	get 0.0000% / 8h	7h 47m	$1.6M	$516K	10x
Short	Gate NOK_USDT	11.054	0.0054	get 0.0054% / 8h	7h 47m	$991K	$996K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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 PhemexbpFee GatebpOrdersPrice spread, now +0.218%Rate

Funding earned: $11.34
Price spread: +0.218% → +0.106%: $11.12
Slippage, 4 orders: −$194.05
Fee Phemex: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$198.59
Costs to cover: 2.211%
Break-even: 129.6 days

Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 10 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 Phemex live order book, 1 min ago	9.06 bp	67.3 bp −$67	doesn't fit	doesn't fit	doesn't fit
Sell Gate live order book, 10 min ago	4.09 bp	31.4 bp −$31	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	11.038	+0.069%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.036	+0.057%	$37K	$227K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.040	+0.091%	$7.5M	$8.6M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.050	+0.181%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.020	−0.091%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.052	+0.199%	$1.5M	$567K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.023	−0.061%	$71K	$55K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.040	+0.091%	$3K	$158K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.040	+0.091%	$1K	$1.5M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.050	+0.181%	$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 NOKUSDTlong	0.0000%	8h	11.030	long leg	$1.6M	$516K	10x
Lighter NOK	+0.0032%	1h	11.039	+0.082%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.040	+0.091%	—	—	10x	as long as short
Gate NOK_USDTshort	+0.0054%	8h	11.054	+0.218%	$991K	$996K	50x
KuCoin NOKUSDTM	+0.0100%	8h	11.040	+0.091%	$301K	$284K	20x	as long as short
tradeXYZ xyz:NOK	+0.0484%	1h	11.045	+0.136%	$4.3M	$1.0M	10x	as long as short