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: MEXC against Bitget−0.072%7-day average −0.259% · you buy dearer than you sell

Net, funding: paid 7d − costs−$108as in the Funding arb table

Net, price: spread back to 7d avg − costs−$80as in the Price arb table

costs, in and out, $10k−$990.987% of the position

Long on Bitget Short on MEXC

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−0.311%−$31 · spread now −0.072%, 7d avg −0.259%

Together, before fees−0.406%−$41 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 0.187% dearer against Bitget than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.259%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOKSTOCKUSDT	11.038	0	get 0.0000% / 8h	7h 51m	$1.5M	$567K	20x
Short	MEXC NOKSTOCK_USDT	11.030	0	get 0.0000% / 8h	7h 51m	$1.6M	$113K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.072%Rate

Funding earned: $0
Price spread: −0.072% → −0.259%: $18.68
Slippage, 4 orders: −$86.74
Fee Bitget: 6 bp × 2 orders: −$12
Fee MEXC: 0 bp × 2 orders: $0
Net: −$80.06
Costs to cover: 0.987%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; MEXC: live order book, 4 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, 5 min ago	9.08 bp	19.5 bp −$20	22.0 bp −$220	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	13.63 bp	15.4 bp −$15	33.3 bp −$333	139.5 bp −$13.9K	247.0 bp −$123.5K

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	11.047	+0.081%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.038	−0.003%	$37K	$203K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.036	−0.021%	$7.5M	$8.7M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.037	−0.009%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDTshort	0.0000%	8h	11.030	−0.072%	$1.6M	$113K	50x
Bitget NOKSTOCKUSDTlong	0.0000%	8h	11.038	long leg	$1.5M	$567K	20x
Variational Omni NOK	0.0000%	8h	11.014	−0.222%	$70K	$55K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.991	−0.428%	$3K	$160K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.040	+0.018%	$1K	$1.5M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.010	−0.254%	$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	11.040	+0.018%	$1.6M	$518K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.039	+0.009%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.030	−0.072%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.040	+0.018%	$301K	$282K	20x	as long as short
Gate NOK_USDT	+0.0259%	8h	11.046	+0.072%	$990K	$994K	50x	as long as short
tradeXYZ xyz:NOK	+0.0842%	1h	11.036	−0.018%	$4.3M	$1.0M	10x	as long as short