NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0163%/8h= +17.8% APRnext payment +$0.20 per $10,000 · paid last 24h +0.035%

Price spread now: tradeXYZ against Extended−0.009%7-day average +0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs−$53as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$770.769% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.241%+$24 on $10k

Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.009%, 7d avg +0.011%

Together, before fees+0.219%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board+$22 on $10k · with fees, hour by hour

Funding pays, the price is against you. tradeXYZ is 0.020% cheaper against Extended than usual: you would sell low and buy high (spread −0.009% now, against its 7-day average of +0.011%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NOK-USD	10.997	0	get 0.0000% / 1h	21m 50s	$39K	$172K	10x
Short	tradeXYZ xyz:NOK	10.996	0.0163	get 0.0020% / 1h	21m 50s	$4.2M	$1.1M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee tradeXYZbpOrdersPrice spread, now −0.009%Rate

Funding earned: $34.15
Price spread: −0.009% → +0.011%: −$2.03
Slippage, 4 orders: −$53.85
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$44.73
Costs to cover: 0.769%
Break-even: 16.2 days

Slippage from Extended: live order book, 39 min ago; tradeXYZ: 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 Extended live order book, 39 min ago	8.17 bp	22.0 bp −$22	147.2 bp −$1,472	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 5 min ago	3.18 bp	15.7 bp −$16	27.5 bp −$275	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	11.000	+0.023%	$67K	$7K	20x	as long as short
Extended NOK-USDlong	0.0000%	1h	10.997	long leg	$39K	$172K	10x
Binance NOKUSDT	0.0000%	8h	11.000	+0.027%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.015	+0.164%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.000	+0.027%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.028	+0.282%	$1.5M	$587K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.039%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.000	+0.027%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.064%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	+0.118%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	10.990	−0.064%	$1.6M	$541K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	−0.064%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	+0.027%	—	—	10x	as long as short
Gate NOK_USDT	+0.0088%	8h	11.014	+0.155%	$968K	$992K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.990	−0.064%	$300K	$354K	20x	as long as short
tradeXYZ xyz:NOKshort	+0.0163%	1h	10.996	−0.009%	$4.2M	$1.1M	10x