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

NAORIS

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0401%/8h= +43.9% APRnext payment +$2.01 per $10,000 · paid last 24h +0.139%
Price spread now: BloFin against Bitget−0.080%115s7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$185as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$2192.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.343%+$34 on $10k
Price spread, last 4 days (all we have)+0.440%+$44 · spread now −0.080%, 7d avg −0.067%
Together, before fees+0.783%+$78 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate. The two prices were read 115 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget NAORISUSDT0.037280.0100pay 0.0050% / 4h1h 41m$3.3M$239K10x
ShortBloFin NAORIS-USDT0.037250.0501get 0.0251% / 4h1h 41m$287K$10K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$84.21
Price spread: −0.080% → −0.067%
−$1.31
Slippage, 4 orders
−$194.91
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$136.01
Costs to cover
2.189%
Break-even
18.3 days
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 80 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 Bitget live order book, 1 min ago12.07 bp65.2 bp −$65556.4 bp −$5,564doesn't fitdoesn't fit
Sell BloFin live order book, 80 min ago10.83 bp38.0 bp −$38doesn'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%4h0.03717−0.295%$1.1M$492K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03714−0.376%$289K$16K20xas long as short
KuCoin NAORISUSDTM+0.0100%4h0.03715−0.349%$438K$28K10xas long as short
Bitget NAORISUSDTlong+0.0100%4h0.03728long leg$3.3M$239K10x
Variational Omni NAORIS+0.0100%4h0.03715−0.353%$76K$24Kas long as short
Aster NAORISUSDT+0.0358%4h0.03714−0.383%$5K$5K5xas long as short
BingX NAORIS-USDT+0.0464%4h0.03721−0.188%$1.3Mas long as short
Extended NAORIS-USD+0.0488%1h0.03719−0.251%$3K$94K5xas long as short
MEXC NAORIS_USDT+0.0488%4h0.03715−0.349%$4.3M$217K100xas long as short
Binance NAORISUSDT+0.0488%4h0.03719−0.232%$5.0M$1.3M10xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NAORIS-USDTshort+0.0501%4h0.03725−0.080%$287K$10K10x