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

NAORIS

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SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0396%/8h= +43.4% APRpaid last 24h +0.152%
Price spread now: Extended against Gate+0.069%7-day average +0.129% · you sell dearer than you buy
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 7 days+0.308%+$31 on $10k
Price spread, last 4 days (all we have)−0.048%−$5 · spread now +0.069%, 7d avg +0.129%
Together, before fees+0.261%+ Points / potential airdropExtended: Active · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread +0.069% now, against its 7-day average of +0.129%). If the spread goes back, that is −$6 on $10k: about 12 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.308% in total) that is about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NAORIS_USDT0.037050.0100pay 0.0050% / 4h2h 31m$289K$17K20x
ShortExtended NAORIS-USD0.037080.0496get 0.0062% / 1h31m 01s$3K$102K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against Gate. 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
$83.16
Price spread: +0.069% → +0.129%
−$6.06
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$57.1
Costs to cover
0.200%
Break-even
2.2 days
Slippage unknown: Gate: live order book, 31 min ago; Extended: live order book, 34 min ago. 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 Gate live order book, 31 min ago32.37 bp645.9 bp −$646doesn't fitdoesn't fitdoesn't fit
Sell Extended live order book, 34 min ago15.79 bp321.3 bp −$321doesn'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%4h0.03705−0.008%$1.1M$496K20xas long as short
Gate NAORIS_USDTlong+0.0100%4h0.03705long leg$289K$17K20x
KuCoin NAORISUSDTM+0.0100%4h0.03699−0.162%$436K$28K10xas long as short
Bitget NAORISUSDT+0.0100%4h0.03715+0.270%$3.3M$239K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03704−0.015%$76K$24Kas long as short
Aster NAORISUSDT+0.0364%4h0.03702−0.075%$5K$5K5xas long as short
MEXC NAORIS_USDT+0.0494%4h0.03707+0.054%$4.3M$229K100xas long as short
Binance NAORISUSDT+0.0496%4h0.03709+0.100%$5.0M$1.4M10xas long as short
Extended NAORIS-USDshort+0.0496%1h0.03708+0.069%$3K$102K5x
BingX NAORIS-USDT+0.0514%4h0.03707+0.054%$1.3Mas long as short