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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0022%/8h= +2.4% APRpaid last 24h +0.010%
Price spread now: Extended against BingX−0.051%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$529as in the Funding arb table
Net, price: spread back to 7d avg − costs−$541as in the Price arb table
costs, in and out, $10k−$5335.326% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.051%, 7d avg +0.034%
Together, before fees+0.087%+ Points / potential airdropExtended: Active · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.085% cheaper against BingX than usual: you would sell low and buy high (spread −0.051% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 13 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX NAORIS-USDT0.037200.0466pay 0.0233% / 4h1h 42m$1.3M
ShortExtended NAORIS-USD0.037180.0488get 0.0061% / 1h42m 18s$3K$94K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against BingX. 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
$4.62
Price spread: −0.051% → +0.034%
−$8.49
Slippage, 4 orders
−$517.57
Fee BingX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$536.44
Costs to cover
5.326%
Break-even
819.8 days
Slippage from BingX: live order book, 3 min ago; Extended: live order book, 83 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 BingX live order book, 3 min ago10.76 bp56.0 bp −$56397.4 bp −$3,9741130.1 bp −$113.0K1368.6 bp −$684.3K
Sell Extended live order book, 83 min ago15.79 bp321.3 bp −$321doesn't fitdoesn't fitdoesn't fit

NAORIS on 11 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
Bybit NAORISUSDT+0.0100%4h0.03716−0.099%$1.1M$492K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03714−0.161%$289K$16K20xas long as short
KuCoin NAORISUSDTM+0.0100%4h0.03724+0.108%$439K$28K10xas long as short
Bitget NAORISUSDT+0.0100%4h0.03727+0.188%$3.3M$239K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03715−0.138%$76K$24Kas long as short
Aster NAORISUSDT+0.0358%4h0.03714−0.149%$5K$5K5xas long as short
BingX NAORIS-USDTlong+0.0466%4h0.03720long leg$1.3M
Extended NAORIS-USDshort+0.0488%1h0.03718−0.051%$3K$94K5x
Binance NAORISUSDT+0.0488%4h0.03719−0.024%$5.0M$1.3M10xas long as short
MEXC NAORIS_USDT+0.0492%4h0.03717−0.081%$4.3M$217K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NAORIS-USDT+0.0501%4h0.03725+0.134%$287K$10K10xas long as short