Funding you earn now, next payment 02:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.063%
Price spread now: Variational Omni against tradeXYZ−0.028%7-day average +0.004% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.098%−$10 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now −0.028%, 7d avg +0.004%
=Together, before fees−0.078%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and Variational Omni is 0.032% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.004%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.098% in total (about -10.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:NOK | 11.016 | 0.0360 | pay 0.0045% / 1h | 13m 20s | $4.2M | $1.1M | 10x |
| Short | Variational Omni NOK | 11.013 | 0 | get 0.0000% / 8h | 6h 13m | $137K | $113K | — |
tradeXYZ xyz:NOK
Variational Omni NOKFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni against tradeXYZ. 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
- −$75.59
- Price spread: −0.028% → +0.004%
- −$3.16
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$96.76
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 5 min ago; Variational Omni: RFQ quote, 56 min ago. Net counts fees only.
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 tradeXYZ live order book, 5 min ago | 2.27 bp | 18.6 bp −$19 | 30.2 bp −$302 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 56 min ago | 11.85 bp | doesn't fit | 106.7 bp −$1,067 | 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 | 11.019 | +0.023% | $67K | $7K | 20x | as long as short |
| Extended NOK-USD | 0.0000% | 1h | 11.017 | +0.011% | $40K | $172K | 10x | as long as short |
| Binance NOKUSDT | 0.0000% | 8h | 11.020 | +0.036% | $7.5M | $8.9M | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 11.026 | +0.091% | $1.2M | $1.3M | 20x | as long as short |
| Gate NOK_USDT | 0.0000% | 8h | 11.027 | +0.100% | $971K | $1.0M | 50x | as long as short |
| MEXC NOKSTOCK_USDT | 0.0000% | 8h | 11.020 | +0.036% | $1.6M | $113K | 50x | as long as short |
| Bitget NOKSTOCKUSDT | 0.0000% | 8h | 11.051 | +0.318% | $1.5M | $581K | 20x | as long as short |
| Variational Omni NOKshort | 0.0000% | 8h | 11.013 | −0.028% | $137K | $113K | — | |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 11.023 | +0.061% | $3K | $150K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 11.020 | +0.036% | $915 | $1.5M | 10x | as long as short |
Aster NOKUSDT
Extended NOK-USD
Binance NOKUSDT
OKX NOK-USDT-SWAP
Gate NOK_USDT
MEXC NOKSTOCK_USDT
Bitget NOKSTOCKUSDT
GRVT NOK_USDT_Perp
SunX NOK-USDTShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX NOK-USDT | 0.0000% | 8h | 11.010 | −0.054% | $9K | $5K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 11.020 | +0.036% | $1.6M | $538K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 11.009 | −0.064% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 11.000 | −0.145% | — | — | 10x | as long as short |
| KuCoin NOKUSDTM | +0.0100% | 8h | 11.010 | −0.054% | $300K | $333K | 20x | as long as short |
| tradeXYZ xyz:NOKlong | +0.0360% | 1h | 11.016 | long leg | $4.2M | $1.1M | 10x |
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Vest NOK-PERP
KuCoin NOKUSDTM