NOK

Alert: funding

Alert: spread

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: Bitget against KuCoin+0.165%7-day average +0.278% · you sell dearer than you buy

Net, funding: paid 7d − costs−$359as in the Funding arb table

Net, price: spread back to 7d avg − costs−$371as in the Price arb table

costs, in and out, $10k−$3603.599% of the position

Long on KuCoin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.008%+$1 on $10k

Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.165%, 7d avg +0.278%

Together, before fees−0.127%−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.113% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.278%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	10.900	0.0100	pay 0.0100% / 8h	1h 39m	$298K	$438K	20x
Short	Bitget NOKSTOCKUSDT	10.918	0	get 0.0000% / 8h	1h 39m	$1.5M	$579K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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 KuCoinbpFee BitgetbpOrdersPrice spread, now +0.165%Rate

Funding earned: −$21
Price spread: +0.165% → +0.278%: −$11.32
Slippage, 4 orders: −$335.94
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$392.26
Costs to cover: 3.599%
Break-even: never at this rate

Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 2 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 KuCoin live order book, 4 min ago	9.18 bp	188.2 bp −$188	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	9.62 bp	49.9 bp −$50	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	10.896	−0.041%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.900	0.000%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDTshort	0.0000%	8h	10.918	+0.165%	$1.5M	$579K	20x
GRVT NOK_USDT_Perp	0.0000%	8h	10.899	−0.011%	$3K	$128K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.890	−0.092%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.275%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.890	−0.092%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.880	−0.183%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.880	−0.183%	—	—	10x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	10.900	long leg	$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	−0.063%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0164%	8h	10.898	−0.018%	$944K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0215%	1h	10.879	−0.193%	$4.3M	$1.2M	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0271%	8h	10.890	−0.092%	$1.5M	$116K	50x	as long as short
Extended NOK-USD	+0.0272%	1h	10.887	−0.116%	$37K	$159K	10x	as long as short
Binance NOKUSDT	+0.0273%	8h	10.890	−0.092%	$7.3M	$9.6M	20x	as long as short