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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against KuCoin−0.268%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,489as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,528as in the Price arb table
costs, in and out, $10k−$1,48914.887% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)+0.887%+$89 · spread now −0.268%, 7d avg +0.127%
Together, before fees+0.887%+$89 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: Bybit is 0.395% cheaper against KuCoin than usual: you would sell low and buy high, −$40 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NAORISUSDTM0.037270.0100pay 0.0050% / 4h1h 36m$440K$28K10x
ShortBybit NAORISUSDT0.037170.0100get 0.0050% / 4h1h 36m$1.1M$492K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$0
Price spread: −0.268% → +0.127%
−$39.54
Slippage, 4 orders
−$1,465.72
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$1,528.27
Costs to cover
14.887%
Break-even
never at this rate
Slippage from KuCoin: live order book, 61 min ago; Bybit: live order book, 4 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, 61 min ago22.93 bp647.8 bp −$648doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 4 min ago9.41 bp130.1 bp −$130doesn't fitdoesn'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 NAORISUSDTshort+0.0100%4h0.03717−0.268%$1.1M$492K20x
Gate NAORIS_USDT+0.0100%4h0.03714−0.349%$289K$16K20xas long as short
KuCoin NAORISUSDTMlong+0.0100%4h0.03727long leg$440K$28K10x
Bitget NAORISUSDT+0.0100%4h0.03732+0.134%$3.3M$239K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03718−0.248%$76K$24Kas long as short
Aster NAORISUSDT+0.0332%4h0.03718−0.229%$5K$5K5xas long as short
Binance NAORISUSDT+0.0460%4h0.03725−0.042%$5.0M$1.3M10xas long as short
MEXC NAORIS_USDT+0.0468%4h0.03715−0.322%$4.3M$217K100xas long as short
BingX NAORIS-USDT+0.0468%4h0.03725−0.054%$1.3Mas long as short
Extended NAORIS-USD+0.0472%1h0.03724−0.071%$3K$94K5xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NAORIS-USDT+0.0486%4h0.03718−0.241%$286K$10K10xas long as short