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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex NOKUSDT | 10.890 | 0 | get 0.0000% / 8h | 1h 38m | $1.6M | $590K | 10x |
| Short | KuCoin NOKUSDTM | 10.890 | 0.0100 | get 0.0100% / 8h | 1h 38m | $297K | $438K | 20x |
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 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: 0.000% → +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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Phemex live order book, 5 min ago | 9.17 bp | 66.3 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 9.18 bp | 106.3 bp −$106 | 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 | 10.894 | +0.037% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.900 | +0.092% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.919 | +0.266% | $1.5M | $579K | 20x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.899 | +0.080% | $3K | $128K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.890 | 0.000% | $977 | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.910 | +0.184% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDTlong | 0.0000% | 8h | 10.890 | long leg | $1.6M | $590K | 10x | |
| Lighter NOK | +0.0032% | 1h | 10.880 | −0.092% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.880 | −0.092% | — | — | 10x | as long as short |
| KuCoin NOKUSDTMshort | +0.0100% | 8h | 10.890 | 0.000% | $297K | $438K | 20x |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni NOK | +0.0117% | 8h | 10.893 | +0.028% | $131K | $117K | — | as long as short |
| Gate NOK_USDT | +0.0162% | 8h | 10.898 | +0.073% | $944K | $1.0M | 50x | as long as short |
| tradeXYZ xyz:NOK | +0.0213% | 1h | 10.879 | −0.101% | $4.3M | $1.2M | 10x | as long as short |
| Extended NOK-USD | +0.0272% | 1h | 10.887 | −0.025% | $37K | $159K | 10x | as long as short |
| Binance NOKUSDT | +0.0273% | 8h | 10.890 | 0.000% | $7.3M | $9.6M | 20x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0273% | 8h | 10.890 | 0.000% | $1.5M | $116K | 50x | as long as short |
Phemex NOKUSDT
KuCoin NOKUSDTM
Aster NOKUSDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Lighter NOK
Variational Omni NOK
Gate NOK_USDT
tradeXYZ xyz:NOK
Extended NOK-USD
Binance NOKUSDT
MEXC NOKSTOCK_USDT