Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.002%

Price spread now: Vest against Gate−0.200%7-day average — · you buy dearer than you sell

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

Long on Gate Short on Vest

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 airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.200% cheaper against Gate than usual: you would sell low and buy high (spread −0.200% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$20 on $10k: about 15 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate NOK_USDT	11.022	0	get 0.0000% / 8h	7h 54m	$983K	$990K	50x
Short	Vest NOK-PERP	11.000	0.0046	get 0.0006% / 1h	54m 19s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest against Gate. 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 GatebpFee VestbpOrdersPrice spread, now −0.200%Rate

Funding earned: $9.59
Price spread: −0.200% → 0.000%: −$19.96
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Vest: 1 bp × 2 orders: −$2
Net: −$27.37
Costs to cover: 0.170%
Break-even: 27.0 days

Slippage unknown: Gate: live order book, 3 min ago; Vest: 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 Gate live order book, 3 min ago	4.09 bp	63.9 bp −$64	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	11.021	−0.010%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.010	−0.108%	$38K	$196K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.012	−0.091%	$7.5M	$8.7M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.020	−0.018%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDTlong	0.0000%	8h	11.022	long leg	$983K	$990K	50x
MEXC NOKSTOCK_USDT	0.0000%	8h	11.000	−0.200%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.022	0.000%	$1.5M	$567K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.014	−0.077%	$70K	$55K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.991	−0.283%	$3K	$160K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.000	−0.200%	$1K	$1.5M	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	11.010	−0.109%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	−0.109%	$1.6M	$518K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.019	−0.027%	—	—	10x	as long as short
Vest NOK-PERPshort	+0.0046%	1h	11.000	−0.200%	—	—	10x
KuCoin NOKUSDTM	+0.0100%	8h	11.000	−0.200%	$300K	$282K	20x	as long as short
tradeXYZ xyz:NOK	+0.1146%	1h	11.012	−0.091%	$4.3M	$1.0M	10x	as long as short