Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.039%
Price spread now: OKX against SunX+0.112%7-day average +0.162% · you sell dearer than you buy
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3663.661% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)+0.065%+$6 · spread now +0.112%, 7d avg +0.162%
=Funding pays, the price is against you. OKX is 0.050% cheaper against SunX than usual: you would sell low and buy high (spread +0.112% now, against its 7-day average of +0.162%). If the spread goes back, that is −$5 on $10k: about 6.9 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NOK-USDT | 10.750 | 0 | get 0.0000% / 8h | 6m 58s | $925 | $1.3M | 10x |
| Short | OKX NOK-USDT-SWAP | 10.762 | 0.0024 | get 0.0024% / 8h | 6m 58s | $1.2M | $1.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.08
- Price spread: +0.112% → +0.162%
- −$5.02
- Slippage, 4 orders
- −$348.09
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$366.03
- Costs to cover
- 3.661%
- Break-even
- 511.8 days
Slippage from SunX: live order book, 7 min ago; OKX: 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 SunX live order book, 7 min ago | 88.00 bp | 147.2 bp −$147 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 4.64 bp | 53.1 bp −$53 | 161.5 bp −$1,615 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget NOKSTOCKUSDT | −0.0468% | 8h | 10.806 | +0.521% | $1.5M | $566K | 20x | as long as short |
| Aster NOKUSDT | 0.0000% | 8h | 10.740 | −0.094% | $65K | $7K | 20x | as long as short |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.769 | +0.180% | $3K | $118K | 10x | as long as short |
| SunX NOK-USDTlong | 0.0000% | 8h | 10.750 | long leg | $925 | $1.3M | 10x | |
| HTX NOK-USDT | 0.0000% | 8h | 10.770 | +0.186% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.760 | +0.093% | $1.6M | $619K | 10x | as long as short |
| Vest NOK-PERP | +0.0009% | 1h | 10.710 | −0.372% | — | — | 10x | as long as short |
| OKX NOK-USDT-SWAPshort | +0.0024% | 8h | 10.762 | +0.112% | $1.2M | $1.2M | 20x | |
| Lighter NOK | +0.0032% | 1h | 10.730 | −0.186% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 10.750 | 0.000% | $293K | $442K | 20x | as long as short |
Show all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate NOK_USDT | +0.0137% | 8h | 10.761 | +0.102% | $938K | $1.0M | 50x | as long as short |
| Variational Omni NOK | +0.0229% | 8h | 10.764 | +0.127% | $130K | $118K | — | as long as short |
| tradeXYZ xyz:NOK | +0.0394% | 1h | 10.738 | −0.112% | $4.4M | $1.3M | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0438% | 8h | 10.750 | 0.000% | $1.5M | $121K | 50x | as long as short |
| Binance NOKUSDT | +0.0448% | 8h | 10.758 | +0.073% | $7.2M | $10.0M | 20x | as long as short |
| Extended NOK-USD | +0.0448% | 1h | 10.748 | −0.020% | $39K | $277K | 10x | as long as short |
SunX NOK-USDT
OKX NOK-USDT-SWAP
Bitget NOKSTOCKUSDT
Aster NOKUSDT
GRVT NOK_USDT_Perp
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
KuCoin NOKUSDTM
Gate NOK_USDT
Variational Omni NOK
tradeXYZ xyz:NOK
MEXC NOKSTOCK_USDT
Binance NOKUSDT
Extended NOK-USD