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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0509%/8h= +55.8% APRnext payment +$2.55 per $10,000 · paid last 24h +0.149%
Price spread now: Binance against KuCoin+0.324%7-day average +0.342% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,369as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,407as in the Price arb table
costs, in and out, $10k−$1,40614.056% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.369%+$37 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now +0.324%, 7d avg +0.342%
Together, before fees+0.453%+$45 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.342%, so right now this pair is about funding alone: +$15 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NAORISUSDTM0.037060.0100pay 0.0050% / 4h3h 07m$436K$28K10x
ShortBinance NAORISUSDT0.037180.0609get 0.0305% / 4h3h 07m$5.0M$1.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against KuCoin. 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
$106.94
Price spread: +0.324% → +0.342%
−$1.84
Slippage, 4 orders
−$1,383.65
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$1,300.55
Costs to cover
14.056%
Break-even
92.1 days
Slippage from KuCoin: live order book, 44 min ago; Binance: 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 KuCoin live order book, 44 min ago33.79 bp645.1 bp −$645doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago4.05 bp61.8 bp −$62437.9 bp −$4,379doesn'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%4h0.03712+0.162%$1.1M$493K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03714+0.216%$289K$19K20xas long as short
KuCoin NAORISUSDTMlong+0.0100%4h0.03706long leg$436K$28K10x
Bitget NAORISUSDT+0.0100%4h0.03711+0.135%$3.3M$231K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03707+0.024%$76K$24Kas long as short
Aster NAORISUSDT+0.0385%4h0.03722+0.421%$5K$5K5xas long as short
BingX NAORIS-USDT+0.0554%4h0.03715+0.243%$1.3Mas long as short
BloFin NAORIS-USDT+0.0559%4h0.03712+0.162%$283K$10K10xas long as short
Extended NAORIS-USD+0.0592%1h0.03717+0.300%$3K$102K5xas long as short
MEXC NAORIS_USDT+0.0592%4h0.03711+0.135%$4.3M$216K100xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance NAORISUSDTshort+0.0609%4h0.03718+0.324%$5.0M$1.3M10x