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

NAORIS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.001%
Price spread now: Binance against Extended+0.019%7-day average +0.045% · you sell dearer than you buy
Net, funding: paid 7d − costs−$536as in the Funding arb table
Net, price: spread back to 7d avg − costs−$536as in the Price arb table
costs, in and out, $10k−$5345.338% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now +0.019%, 7d avg +0.045%
Together, before fees+0.045%+ Points / potential airdropExtended: Active · farm board+$4 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.026% cheaper against Extended than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.045%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NAORIS-USD0.037190.0488pay 0.0061% / 1h41m 26s$3K$94K5x
ShortBinance NAORISUSDT0.037190.0488get 0.0244% / 4h1h 41m$5.0M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Extended. 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
$0
Price spread: +0.019% → +0.045%
−$2.64
Slippage, 4 orders
−$518.84
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$536.47
Costs to cover
5.338%
Break-even
894122.1 days
Slippage from Extended: live order book, 84 min ago; Binance: live order book, 11 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 Extended live order book, 84 min ago15.79 bp96.6 bp −$97872.0 bp −$8,720doesn't fitdoesn't fit
Sell Binance live order book, 11 min ago4.04 bp50.4 bp −$50419.5 bp −$4,195doesn'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%4h0.03717−0.044%$1.1M$492K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03714−0.125%$289K$16K20xas long as short
KuCoin NAORISUSDTM+0.0100%4h0.03715−0.098%$438K$28K10xas long as short
Bitget NAORISUSDT+0.0100%4h0.03728+0.252%$3.3M$239K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03715−0.102%$76K$24Kas long as short
Aster NAORISUSDT+0.0358%4h0.03714−0.132%$5K$5K5xas long as short
BingX NAORIS-USDT+0.0464%4h0.03721+0.064%$1.3Mas long as short
Extended NAORIS-USDlong+0.0488%1h0.03719long leg$3K$94K5x
MEXC NAORIS_USDT+0.0488%4h0.03715−0.098%$4.3M$217K100xas long as short
Binance NAORISUSDTshort+0.0488%4h0.03719+0.019%$5.0M$1.3M10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NAORIS-USDT+0.0501%4h0.03725+0.171%$287K$10K10xas long as short