Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h —

Price spread now: Lighter against Aster−0.161%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Lighter

What this pair did over the last

the charts below follow

Funding, last 7 days—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Lighter: Season 3 · farm boardneeds both histories

Funding pays, the price is against you. Lighter is 0.161% cheaper against Aster than usual: you would sell low and buy high (spread −0.161% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 17 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOKUSDT	10.918	0	get 0.0000% / 8h	2h 13m	$66K	$7K	20x
Short	Lighter NOK	10.900	0.0032	get 0.0004% / 1h	13m 22s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Lighter against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee LighterbpOrdersPrice spread, now −0.161%Rate

Funding earned: $6.72
Price spread: −0.161% → 0.000%: −$16.06
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Lighter: 0 bp × 2 orders: $0
Net: −$17.34
Costs to cover: 0.080%
Break-even: 25.1 days

Slippage unknown: Aster: no order-book sample; Lighter: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Lighter no order-book sample	—	—	—	—	—

Aster and Lighter: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster NOKUSDTlong	0.0000%	8h	10.918	long leg	$66K	$7K	20x
OKX NOK-USDT-SWAP	0.0000%	8h	10.935	+0.160%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.938	+0.187%	$1.5M	$595K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.913	−0.040%	$131K	$117K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.920	+0.022%	$3K	$131K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.920	+0.023%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.960	+0.389%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.930	+0.114%	$1.6M	$586K	10x	as long as short
Lighter NOKshort	+0.0032%	1h	10.900	−0.161%	—	—	10x
Vest NOK-PERP	+0.0046%	1h	10.900	−0.161%	—	—	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOKUSDTM	+0.0100%	8h	10.910	−0.069%	$298K	$430K	20x	as long as short
Extended NOK-USD	+0.0112%	1h	10.927	+0.087%	$38K	$160K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0113%	8h	10.920	+0.023%	$1.5M	$117K	50x	as long as short
Binance NOKUSDT	+0.0124%	8h	10.937	+0.179%	$7.3M	$9.6M	20x	as long as short
Gate NOK_USDT	+0.0132%	8h	10.943	+0.233%	$953K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0415%	1h	10.916	−0.014%	$4.3M	$1.2M	10x	as long as short