Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.003%
Price spread now: KuCoin against Bitget−0.165%7-day average −0.278% · you buy dearer than you sell
Net, funding: paid 7d − costs−$361as in the Funding arb table
Net, price: spread back to 7d avg − costs−$349as in the Price arb table
costs, in and out, $10k−$3603.599% of the position
Funding, last 7 days−0.008%−$1 on $10k
+Price spread, last 4 days (all we have)+0.135%+$13 · spread now −0.165%, 7d avg −0.278%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.113% dearer against Bitget than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.278%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget NOKSTOCKUSDT | 10.918 | 0 | get 0.0000% / 8h | 1h 39m | $1.5M | $579K | 20x |
| Short | KuCoin NOKUSDTM | 10.900 | 0.0100 | get 0.0100% / 8h | 1h 39m | $298K | $438K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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: −0.165% → −0.278%
- $11.35
- Slippage, 4 orders
- −$335.94
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$327.59
- Costs to cover
- 3.599%
- Break-even
- 116.2 days
Slippage from Bitget: live order book, 2 min ago; KuCoin: live order book, 4 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 Bitget live order book, 2 min ago | 9.62 bp | 15.6 bp −$16 | 31.8 bp −$318 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 4 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 | 10.896 | −0.206% | $66K | $7K | 20x | as long as short |
| OKX NOK-USDT-SWAP | 0.0000% | 8h | 10.900 | −0.165% | $1.2M | $1.3M | 20x | as long as short |
| Bitget NOKSTOCKUSDTlong | 0.0000% | 8h | 10.918 | long leg | $1.5M | $579K | 20x | |
| GRVT NOK_USDT_Perp | 0.0000% | 8h | 10.899 | −0.176% | $3K | $128K | 10x | as long as short |
| SunX NOK-USDT | 0.0000% | 8h | 10.890 | −0.256% | $1K | $1.4M | 10x | as long as short |
| HTX NOK-USDT | 0.0000% | 8h | 10.930 | +0.110% | $9K | $6K | 10x | as long as short |
| Phemex NOKUSDT | 0.0000% | 8h | 10.890 | −0.256% | $1.6M | $590K | 10x | as long as short |
| Lighter NOK | +0.0032% | 1h | 10.880 | −0.348% | — | — | 10x | as long as short |
| Vest NOK-PERP | +0.0046% | 1h | 10.880 | −0.348% | — | — | 10x | as long as short |
| KuCoin NOKUSDTMshort | +0.0100% | 8h | 10.900 | −0.165% | $298K | $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 | −0.228% | $131K | $117K | — | as long as short |
| Gate NOK_USDT | +0.0164% | 8h | 10.898 | −0.183% | $944K | $1.0M | 50x | as long as short |
| tradeXYZ xyz:NOK | +0.0215% | 1h | 10.879 | −0.357% | $4.3M | $1.2M | 10x | as long as short |
| MEXC NOKSTOCK_USDT | +0.0271% | 8h | 10.890 | −0.256% | $1.5M | $116K | 50x | as long as short |
| Extended NOK-USD | +0.0272% | 1h | 10.887 | −0.281% | $37K | $159K | 10x | as long as short |
| Binance NOKUSDT | +0.0273% | 8h | 10.890 | −0.256% | $7.3M | $9.6M | 20x | as long as short |
Bitget NOKSTOCKUSDT
KuCoin NOKUSDTM
Aster NOKUSDT
OKX NOK-USDT-SWAP
GRVT NOK_USDT_Perp
SunX NOK-USDT
HTX NOK-USDT
Phemex NOKUSDT
Lighter NOK
Variational Omni NOK
Gate NOK_USDT
tradeXYZ xyz:NOK
MEXC NOKSTOCK_USDT
Extended NOK-USD
Binance NOKUSDT