Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.074%
Price spread now: tradeXYZ against Phemex0.000%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1611.608% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.381%+$38 on $10k
Price spread, last 4 days (all we have)+0.178%+$18 · spread now 0.000%, 7d avg −0.008%
Together, before fees+0.559%+ Points / potential airdroptradeXYZ: Active · farm board+$56 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.008%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NOKUSDT11.0200get 0.0000% / 8h5h 00m$1.6M$542K10x
ShorttradeXYZ xyz:NOK11.0200.0050get 0.0006% / 1h0m 59s$4.2M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Phemex. 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

Funding earned
$10.55
Price spread: 0.000% → −0.008%
$0.81
Slippage, 4 orders
−$130.84
Fee Phemex: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$149.48
Costs to cover
1.608%
Break-even
106.2 days
Slippage from Phemex: live order book, 2 min ago; tradeXYZ: live order book, 7 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 2 min ago22.68 bp71.4 bp −$71doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 7 min ago1.36 bp10.9 bp −$1119.1 bp −$191doesn't fitdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h11.024+0.033%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h11.020−0.003%$39K$167K10xas long as short
Binance NOKUSDT0.0000%8h11.023+0.030%$7.5M$9.0M20xas long as short
OKX NOK-USDT-SWAP0.0000%8h11.030+0.091%$1.2M$1.2M20xas long as short
MEXC NOKSTOCK_USDT0.0000%8h11.0200.000%$1.6M$114K50xas long as short
Bitget NOKSTOCKUSDT0.0000%8h11.035+0.136%$1.5M$586K20xas long as short
Variational Omni NOK0.0000%8h11.023+0.025%$137K$113Kas long as short
GRVT NOK_USDT_Perp0.0000%8h11.010−0.091%$3K$147K10xas long as short
SunX NOK-USDT0.0000%8h11.0200.000%$1K$1.4M10xas long as short
HTX NOK-USDT0.0000%8h11.030+0.091%$9K$5K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NOKUSDTlong0.0000%8h11.020long leg$1.6M$542K10x
Gate NOK_USDT+0.0012%8h11.032+0.109%$967K$999K50xas long as short
Lighter NOK+0.0032%1h11.019−0.009%10xas long as short
Vest NOK-PERP+0.0046%1h11.0200.000%10xas long as short
tradeXYZ xyz:NOKshort+0.0050%1h11.0200.000%$4.2M$1.1M10x
KuCoin NOKUSDTM+0.0100%8h11.0200.000%$301K$365K20xas long as short