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

NAORIS

all NAORIS markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0546%/8h= +59.8% APRnext payment +$2.73 per $10,000 · paid last 24h +0.147%
Price spread now: MEXC against KuCoin+0.134%7-day average +0.287% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,371as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,426as in the Price arb table
costs, in and out, $10k−$1,41114.106% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.394%+$39 on $10k
Price spread, last 4 days (all we have)+0.294%+$29 · spread now +0.134%, 7d avg +0.287%
Together, before fees+0.687%+$69 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.153% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.134% now, against its 7-day average of +0.287%). If the spread goes back, that is −$15 on $10k: about 22 hours of funding at the current rate (+$16 a day). At the pace of the last 7 days (+0.394% in total) that is about 2.7 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin NAORISUSDTM0.037440.0100pay 0.0050% / 4h3h 49m$442K$28K10x
ShortMEXC NAORIS_USDT0.037490.0646get 0.0323% / 4h3h 49m$4.4M$215K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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
$114.66
Price spread: +0.134% → +0.287%
−$15.3
Slippage, 4 orders
−$1,390.58
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$1,311.22
Costs to cover
14.106%
Break-even
87.1 days
Slippage from KuCoin: live order book, 24 min ago; MEXC: live order book, 3 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, 24 min ago26.62 bp664.3 bp −$664doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago21.32 bp47.7 bp −$4883.2 bp −$832119.0 bp −$11.9K475.1 bp −$237.6K

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%4h0.03734−0.264%$1.1M$450K20xas long as short
Gate NAORIS_USDT+0.0100%4h0.03737−0.187%$291K$14K20xas long as short
KuCoin NAORISUSDTMlong+0.0100%4h0.03744long leg$442K$28K10x
Bitget NAORISUSDT+0.0100%4h0.03751+0.187%$3.4M$220K10xas long as short
Variational Omni NAORIS+0.0100%4h0.03756+0.316%$77K$24Kas long as short
Aster NAORISUSDT+0.0402%4h0.03744−0.005%$5K$5K5xas long as short
BingX NAORIS-USDT+0.0612%4h0.03738−0.160%$1.3Mas long as short
Binance NAORISUSDT+0.0637%4h0.03741−0.083%$5.0M$1.2M10xas long as short
Extended NAORIS-USD+0.0640%1h0.03740−0.097%$5K$104K5xas long as short
MEXC NAORIS_USDTshort+0.0646%4h0.03749+0.134%$4.4M$215K100x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin NAORIS-USDT+0.0677%4h0.03747+0.080%$288K$10K10xas long as short