Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0419%/8h= +45.9% APRpaid last 24h +0.072%

Price spread now: tradeXYZ against Aster−0.048%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 tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days+0.371%+$37 on $10k

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

Together, before fees—+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm boardneeds both histories

Funding pays, the price is against you. tradeXYZ is 0.048% cheaper against Aster than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 9 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.371% in total) that is about 22 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster NOKUSDT	10.739	0	get 0.0000% / 8h	2m 57s	$65K	$7K	20x
Short	tradeXYZ xyz:NOK	10.734	0.0419	get 0.0052% / 1h	2m 57s	$4.4M	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now −0.048%Rate

Funding earned: $87.97
Price spread: −0.048% → 0.000%: −$4.82
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: $57.15
Costs to cover: 0.260%
Break-even: 2.5 days

Slippage unknown: Aster: no order-book sample; tradeXYZ: live order book, 5 min ago. 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 tradeXYZ live order book, 5 min ago	1.86 bp	17.0 bp −$17	doesn't fit	doesn't fit	doesn't fit

Aster: 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
Bitget NOKSTOCKUSDT	−0.0515%	8h	10.777	+0.352%	$1.5M	$567K	20x	as long as short
Aster NOKUSDTlong	0.0000%	8h	10.739	long leg	$65K	$7K	20x
GRVT NOK_USDT_Perp	0.0000%	8h	10.761	+0.203%	$3K	$117K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.740	+0.008%	$1K	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.760	+0.194%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.760	+0.194%	$1.6M	$621K	10x	as long as short
Vest NOK-PERP	+0.0004%	1h	10.710	−0.272%	—	—	10x	as long as short
Lighter NOK	+0.0032%	1h	10.730	−0.085%	—	—	10x	as long as short
OKX NOK-USDT-SWAP	+0.0034%	8h	10.757	+0.166%	$1.2M	$1.2M	20x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.740	+0.008%	$293K	$441K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0149%	8h	10.761	+0.203%	$938K	$1.0M	50x	as long as short
Variational Omni NOK	+0.0234%	8h	10.754	+0.134%	$129K	$118K	—	as long as short
tradeXYZ xyz:NOKshort	+0.0419%	1h	10.734	−0.048%	$4.4M	$1.3M	10x
MEXC NOKSTOCK_USDT	+0.0467%	8h	10.750	+0.101%	$1.5M	$121K	50x	as long as short
Binance NOKUSDT	+0.0472%	8h	10.748	+0.086%	$7.2M	$10.0M	20x	as long as short
Extended NOK-USD	+0.0472%	1h	10.747	+0.077%	$39K	$277K	10x	as long as short