Funding arb · Price arb /

NOK

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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 −0.028%

Price spread now: Variational Omni against Binance−0.362%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.362% cheaper against Binance than usual: you would sell low and buy high, −$36 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance NOKUSDT	11.003	0	get 0.0000% / 8h	7h 56m	$7.5M	$8.7M	20x
Short	Variational Omni NOK	10.964	0	get 0.0000% / 8h	7h 56m	$70K	$55K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.362%Rate

Funding earned: $0
Price spread: −0.362% → 0.000%: −$36.21
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$46.21
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 13 min ago; Variational Omni: 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 Binance live order book, 13 min ago	4.56 bp	11.4 bp −$11	52.2 bp −$522	877.0 bp −$87.7K	doesn't fit
Sell Variational Omni no order-book sample	—	—	—	—	—

Variational Omni: 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 NOKUSDT	0.0000%	8h	11.003	−0.002%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.003	−0.005%	$38K	$196K	10x	as long as short
Binance NOKUSDTlong	0.0000%	8h	11.003	long leg	$7.5M	$8.7M	20x
OKX NOK-USDT-SWAP	0.0000%	8h	11.011	+0.069%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.990	−0.121%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.008	+0.042%	$1.5M	$567K	20x	as long as short
Variational Omni NOKshort	0.0000%	8h	10.964	−0.362%	$70K	$55K	—
GRVT NOK_USDT_Perp	0.0000%	8h	10.960	−0.394%	$3K	$160K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.121%	$1K	$1.5M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.940	−0.576%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	11.000	−0.031%	$1.6M	$517K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	−0.121%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.980	−0.212%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.980	−0.212%	$300K	$281K	20x	as long as short
Gate NOK_USDT	+0.0178%	8h	11.009	+0.051%	$983K	$988K	50x	as long as short
tradeXYZ xyz:NOK	+0.0574%	1h	10.983	−0.185%	$4.3M	$998K	10x	as long as short