Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h +0.037%
Price spread now: Binance against SunX+0.184%46s7-day average +0.092% · you sell dearer than you buy
Net, funding: paid 7d − costs−$217as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2302.298% of the position
Funding, last 7 days+0.125%+$12 on $10k
+Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.184%, 7d avg +0.092%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Binance is 0.092% dearer against SunX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.092%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NOK-USDT | 10.870 | 0 | get 0.0000% / 8h | 2h 25m | $744 | $1.4M | 10x |
| Short | Binance NOKUSDT | 10.890 | 0.0043 | get 0.0043% / 8h | 2h 25m | $7.3M | $9.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $9.02
- Price spread: +0.184% → +0.092%
- $9.23
- Slippage, 4 orders
- −$211.79
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$211.54
- Costs to cover
- 2.298%
- Break-even
- 171.1 days
Slippage from SunX: live order book, 9 min ago; Binance: live order book, 14 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 SunX live order book, 9 min ago | 50.58 bp | 101.7 bp −$102 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 4.59 bp | 9.6 bp −$10 | 62.2 bp −$622 | 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 | 10.882 | +0.110% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.900 | +0.276% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 10.915 | +0.414% | $1.5M | $595K | 20x | as long as short |
| Variational Omni NOK | 0.0000% | 8h | 10.893 | +0.213% | $131K | $117K | — | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.890 | +0.184% | $3K | $134K | 10x | as long as short |
| SunX NOK-USDTlong | 0.0000% | 8h | 10.870 | long leg | $744 | $1.4M | 10x | |
| HTX NOK-USDT | 0.0000% | 8h | 10.870 | 0.000% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.890 | +0.184% | $1.6M | $582K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.859 | −0.101% | — | — | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0039% | 8h | 10.880 | +0.092% | $1.5M | $117K | 50x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended NOK-USD | +0.0040% | 1h | 10.894 | +0.217% | $40K | $158K | 10x | as long as short |
| Binance NOKUSDTshort | +0.0043% | 8h | 10.890 | +0.184% | $7.3M | $9.5M | 20x | |
| Vest NOK-PERP | +0.0046% | 1h | 10.850 | −0.184% | — | — | 10x | as long as short |
| Gate NOK_USDT | +0.0094% | 8h | 10.897 | +0.248% | $947K | $1.0M | 50x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.880 | +0.092% | $297K | $428K | 20x | as long as short |
| tradeXYZ xyz:NOK | +0.0446% | 1h | 10.876 | +0.055% | $4.3M | $1.2M | 10x | as long as short |
SunX NOK-USDT
Binance NOKUSDT
Aster NOKUSDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
Variational Omni NOK
GRVT NOK_USDT_Perp
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
Gate NOK_USDT
KuCoin NOKUSDTM
tradeXYZ xyz:NOK