Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: MEXC against Binance−0.091%7-day average −0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$48as in the Funding arb table

Net, price: spread back to 7d avg − costs−$53as in the Price arb table

costs, in and out, $10k−$480.481% of the position

Long on Binance Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 7 days+0.142%+$14 · spread now −0.091%, 7d avg −0.045%

Together, before fees+0.142%+$14 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: MEXC is 0.046% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOKUSDT	11.000	0	get 0.0000% / 8h	3h 48m	$7.5M	$9.0M	20x
Short	MEXC NOKSTOCK_USDT	10.990	0	get 0.0000% / 8h	3h 48m	$1.6M	$111K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Binance. 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 BinancebpFee MEXCbpOrdersPrice spread, now −0.091%Rate

Funding earned: $0
Price spread: −0.091% → −0.045%: −$4.56
Slippage, 4 orders: −$38.14
Fee Binance: 5 bp × 2 orders: −$10
Fee MEXC: 0 bp × 2 orders: $0
Net: −$52.7
Costs to cover: 0.481%
Break-even: never at this rate

Slippage from Binance: live order book, 6 min ago; MEXC: live order book, 2 min ago.

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 Binance live order book, 6 min ago	4.55 bp	18.6 bp −$19	49.6 bp −$496	doesn't fit	doesn't fit
Sell MEXC live order book, 2 min ago	4.55 bp	4.6 bp −$5	19.6 bp −$196	135.0 bp −$13.5K	271.9 bp −$135.9K

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 NOKUSDT	0.0000%	8h	10.983	−0.152%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.997	−0.028%	$39K	$166K	10x	as long as short
Binance NOKUSDTlong	0.0000%	8h	11.000	long leg	$7.5M	$9.0M	20x
OKX NOK-USDT-SWAP	0.0000%	8h	11.000	0.000%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.001	+0.009%	$963K	$982K	50x	as long as short
MEXC NOKSTOCK_USDTshort	0.0000%	8h	10.990	−0.091%	$1.6M	$111K	50x
Bitget NOKSTOCKUSDT	0.0000%	8h	11.009	+0.082%	$1.5M	$607K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.063%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.002	+0.020%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.091%	$791	$1.4M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	10.990	−0.091%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.980	−0.182%	$1.6M	$546K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.970	−0.273%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.970	−0.273%	—	—	10x	as long as short
tradeXYZ xyz:NOK	+0.0071%	1h	10.990	−0.091%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.980	−0.182%	$300K	$399K	20x	as long as short