NOK

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0161%/8h= −17.6% APRnext payment −$0.20 per $10,000 · paid last 24h −0.035%

Price spread now: Extended against tradeXYZ+0.013%7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$101as in the Funding arb table

Net, price: spread back to 7d avg − costs−$74as in the Price arb table

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

Long on tradeXYZ Short on Extended

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)+0.018%+$2 · spread now +0.013%, 7d avg −0.011%

Together, before fees−0.223%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$22 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Extended is 0.025% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.011%): +$2 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 12 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NOK	10.995	0.0161	pay 0.0020% / 1h	21m 36s	$4.2M	$1.1M	10x
Short	Extended NOK-USD	10.996	0	get 0.0000% / 1h	21m 36s	$39K	$172K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against tradeXYZ. 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 tradeXYZbpFee ExtendedbpOrdersPrice spread, now +0.013%Rate

Funding earned: −$33.74
Price spread: +0.013% → −0.011%: $2.45
Slippage, 4 orders: −$53.85
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$108.14
Costs to cover: 0.769%
Break-even: never at this rate

Slippage from tradeXYZ: live order book, 5 min ago; Extended: live order book, 40 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 tradeXYZ live order book, 5 min ago	3.18 bp	16.4 bp −$16	34.4 bp −$344	doesn't fit	doesn't fit
Sell Extended live order book, 40 min ago	8.17 bp	22.7 bp −$23	119.2 bp −$1,192	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	11.002	+0.063%	$67K	$7K	20x	as long as short
Extended NOK-USDshort	0.0000%	1h	10.996	+0.013%	$39K	$172K	10x
Binance NOKUSDT	0.0000%	8h	11.000	+0.045%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.015	+0.182%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.990	−0.045%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.029	+0.309%	$1.5M	$586K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.020%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.997	+0.018%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.045%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	+0.136%	$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	−0.045%	$1.6M	$541K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	−0.045%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	+0.045%	—	—	10x	as long as short
Gate NOK_USDT	+0.0081%	8h	11.015	+0.182%	$968K	$992K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.980	−0.136%	$301K	$354K	20x	as long as short
tradeXYZ xyz:NOKlong	+0.0161%	1h	10.995	long leg	$4.2M	$1.1M	10x