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

NOK

RWAall NOK markets
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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: KuCoin against Phemex0.000%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$417as in the Funding arb table
Net, price: spread back to 7d avg − costs−$439as in the Price arb table
costs, in and out, $10k−$4384.377% 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 4 days (all we have)+0.094%+$9 · spread now 0.000%, 7d avg +0.011%
Together, before fees+0.304%+$30 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NOKUSDT10.8900get 0.0000% / 8h1h 38m$1.6M$590K10x
ShortKuCoin NOKUSDTM10.8900.0100get 0.0100% / 8h1h 38m$297K$438K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: 0.000% → +0.011%
−$1.12
Slippage, 4 orders
−$413.71
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$417.83
Costs to cover
4.377%
Break-even
146.3 days
Slippage from Phemex: live order book, 5 min ago; KuCoin: live order book, 5 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 Phemex live order book, 5 min ago9.17 bp66.3 bp −$66doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago9.18 bp106.3 bp −$106doesn'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%8h10.894+0.037%$66K$7K20xas long as short
OKX NOK-USDT-SWAP0.0000%8h10.900+0.092%$1.2M$1.3M20xas long as short
Bitget NOKSTOCKUSDT0.0000%8h10.919+0.266%$1.5M$579K20xas long as short
GRVT NOK_USDT_Perp0.0000%8h10.899+0.080%$3K$128K10xas long as short
SunX NOK-USDT0.0000%8h10.8900.000%$977$1.4M10xas long as short
HTX NOK-USDT0.0000%8h10.910+0.184%$9K$6K10xas long as short
Phemex NOKUSDTlong0.0000%8h10.890long leg$1.6M$590K10x
Lighter NOK+0.0032%1h10.880−0.092%10xas long as short
Vest NOK-PERP+0.0046%1h10.880−0.092%10xas long as short
KuCoin NOKUSDTMshort+0.0100%8h10.8900.000%$297K$438K20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOK+0.0117%8h10.893+0.028%$131K$117Kas long as short
Gate NOK_USDT+0.0162%8h10.898+0.073%$944K$1.0M50xas long as short
tradeXYZ xyz:NOK+0.0213%1h10.879−0.101%$4.3M$1.2M10xas long as short
Extended NOK-USD+0.0272%1h10.887−0.025%$37K$159K10xas long as short
Binance NOKUSDT+0.0273%8h10.8900.000%$7.3M$9.6M20xas long as short
MEXC NOKSTOCK_USDT+0.0273%8h10.8900.000%$1.5M$116K50xas long as short