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 +0.010%

Price spread now: Binance against Bitget−0.136%7-day average −0.209% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$88as in the Price arb table

costs, in and out, $10k−$950.955% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.094%−$9 on $10k

Price spread, last 7 days−0.068%−$7 · spread now −0.136%, 7d avg −0.209%

Together, before fees−0.161%−$16 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: Binance is 0.073% dearer against Bitget than usual: you sell high and buy low, +$7 on $10k if it goes back to its 7-day average of −0.209%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOKSTOCKUSDT	10.961	0	get 0.0000% / 8h	2h 55m	$1.5M	$592K	20x
Short	Binance NOKUSDT	10.946	0	get 0.0000% / 8h	2h 55m	$7.3M	$9.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now −0.136%Rate

Funding earned: $0
Price spread: −0.136% → −0.209%: $7.3
Slippage, 4 orders: −$73.45
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$88.15
Costs to cover: 0.955%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; Binance: live order book, 14 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 Bitget live order book, 1 min ago	14.60 bp	39.1 bp −$39	53.7 bp −$537	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	4.59 bp	11.2 bp −$11	57.4 bp −$574	doesn't fit	doesn't fit

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	10.943	−0.161%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.942	−0.169%	$42K	$165K	10x	as long as short
Binance NOKUSDTshort	0.0000%	8h	10.946	−0.136%	$7.3M	$9.4M	20x
OKX NOK-USDT-SWAP	0.0000%	8h	10.950	−0.100%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.940	−0.192%	$1.6M	$111K	50x	as long as short
Bitget NOKSTOCKUSDTlong	0.0000%	8h	10.961	long leg	$1.5M	$592K	20x
Variational Omni NOK	0.0000%	8h	10.943	−0.163%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.910	−0.465%	$3K	$137K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.930	−0.283%	$885	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.920	−0.374%	$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	10.950	−0.100%	$1.6M	$571K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.919	−0.383%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.557%	—	—	10x	as long as short
Gate NOK_USDT	+0.0065%	8h	10.956	−0.046%	$951K	$994K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.930	−0.283%	$299K	$417K	20x	as long as short
tradeXYZ xyz:NOK	+0.0704%	1h	10.925	−0.328%	$4.3M	$1.2M	10x	as long as short