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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0510%/8h= −55.9% APRnext payment $2.55 per $10,000 · paid last 24h −0.145%
Price spread now: Variational Omni against BloFin−0.190%56s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Variational Omni is 0.190% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin NAORIS-USDT0.037620.0610pay 0.0305% / 4h3h 58m$291K$11K10x
ShortVariational Omni NAORIS0.037550.0100get 0.0050% / 4h3h 58m$77K$24K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against BloFin. 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
−$107.17
Price spread: −0.190% → 0.000%
−$19.02
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$138.19
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: BloFin: live order book, 36 min ago; Variational Omni: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 36 min ago6.71 bp29.8 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell Variational Omni no order-book sample
Variational Omni: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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%4h0.03754−0.218%$1.1M$450K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03752−0.266%$293K$14K20xas long as short
KuCoin NAORISUSDTM+0.0100%4h0.03759−0.080%$443K$28K10xas long as short
Bitget NAORISUSDT+0.0100%4h0.03764+0.053%$3.4M$215K10xas long as short
Variational Omni NAORISshort+0.0100%4h0.03755−0.190%$77K$24K
Aster NAORISUSDT+0.0419%4h0.03753−0.250%$5K$5K5xas long as short
BloFin NAORIS-USDTlong+0.0610%4h0.03762long leg$291K$11K10x
BingX NAORIS-USDT+0.0626%4h0.03757−0.133%$1.3Mas long as short
Extended NAORIS-USD+0.0648%1h0.03754−0.216%$5K$104K5xas long as short
MEXC NAORIS_USDT+0.0650%4h0.03768+0.159%$4.4M$213K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NAORISUSDT+0.0651%4h0.03756−0.158%$5.0M$1.2M10xas long as short