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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0404%/8h= −44.2% APRpaid last 24h −0.152%
Price spread now: KuCoin against Extended+0.064%7-day average −0.294% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,675as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,601as in the Price arb table
costs, in and out, $10k−$1,63616.364% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.387%−$39 on $10k
Price spread, last 4 days (all we have)−0.374%−$37 · spread now +0.064%, 7d avg −0.294%
Together, before fees−0.760%+ Points / potential airdropExtended: Active · farm board−$76 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.357% dearer against Extended than usual: you sell high and buy low (spread +0.064% now, against its 7-day average of −0.294%): +$36 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 7 days (−0.387% in total) that is about 6.5 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended NAORIS-USD0.037100.0504pay 0.0063% / 1h22m 18s$3K$98K5x
ShortKuCoin NAORISUSDTM0.037120.0100get 0.0050% / 4h2h 22m$437K$28K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$84.84
Price spread: +0.064% → −0.294%
$35.74
Slippage, 4 orders
−$1,619.37
Fee Extended: 2.5 bp × 2 orders
−$5
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,685.48
Costs to cover
16.364%
Break-even
never at this rate
Slippage from Extended: live order book, 43 min ago; KuCoin: live order book, 15 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, 43 min ago15.79 bp96.6 bp −$97872.0 bp −$8,720doesn't fitdoesn't fit
Sell KuCoin live order book, 15 min ago22.93 bp570.8 bp −$571doesn't fitdoesn't fitdoesn't fit

NAORIS on 10 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%4h0.03707−0.082%$1.1M$496K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03709−0.017%$289K$17K20xas long as short
KuCoin NAORISUSDTMshort+0.0100%4h0.03712+0.064%$437K$28K10x
Bitget NAORISUSDT+0.0100%4h0.03713+0.091%$3.3M$240K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03712+0.061%$76K$24Kas long as short
Aster NAORISUSDT+0.0377%4h0.03704−0.149%$5K$5K5xas long as short
BingX NAORIS-USDT+0.0460%4h0.03709−0.017%$1.3Mas long as short
MEXC NAORIS_USDT+0.0490%4h0.03703−0.179%$4.3M$229K100xas long as short
Extended NAORIS-USDlong+0.0504%1h0.03710long leg$3K$98K5x
Binance NAORISUSDT+0.0506%4h0.03710+0.021%$5.0M$1.4M10xas long as short