Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.027%

Price spread now: Bitget against GRVT+0.027%7-day average +0.315% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1171.172% of the position

Long on GRVT Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.223%+$22 on $10k

Price spread, last 3 days (all we have)+0.083%+$8 · spread now +0.027%, 7d avg +0.315%

Together, before fees+0.307%+ Points / potential airdropGRVT: Active · farm board+$31 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: Bitget is 0.287% cheaper against GRVT than usual: you would sell low and buy high, −$29 on $10k if it goes back to its 7-day average of +0.315%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NOK_USDT_Perp	10.960	0	get 0.0000% / 8h	7h 59m	$3K	$160K	10x
Short	Bitget NOKSTOCKUSDT	10.963	0	get 0.0000% / 8h	7h 59m	$1.5M	$567K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against GRVT. 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 GRVTbpFee BitgetbpOrdersPrice spread, now +0.027%Rate

Funding earned: $0
Price spread: +0.027% → +0.315%: −$28.75
Slippage, 4 orders: −$96.17
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$145.92
Costs to cover: 1.172%
Break-even: never at this rate

Slippage from GRVT: live order book, 8 min ago; Bitget: live order book, 7 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 GRVT live order book, 8 min ago	9.12 bp	36.5 bp −$37	88.8 bp −$888	doesn't fit	doesn't fit
Sell Bitget live order book, 7 min ago	8.19 bp	45.9 bp −$46	73.9 bp −$739	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
tradeXYZ xyz:NOK	−0.1284%	1h	10.960	0.000%	$4.2M	$995K	10x	as long as short
Aster NOKUSDT	0.0000%	8h	10.963	+0.028%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.962	+0.019%	$38K	$202K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.945	−0.137%	$7.5M	$8.7M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.917	−0.392%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.943	−0.155%	$978K	$986K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.950	−0.091%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDTshort	0.0000%	8h	10.963	+0.027%	$1.5M	$567K	20x
Variational Omni NOK	0.0000%	8h	10.964	+0.032%	$70K	$55K	—	as long as short
GRVT NOK_USDT_Perplong	0.0000%	8h	10.960	long leg	$3K	$160K	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX NOK-USDT	0.0000%	8h	10.960	0.000%	$1K	$1.5M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.950	−0.091%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.960	0.000%	$1.6M	$518K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.952	−0.073%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.950	−0.091%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.960	0.000%	$299K	$282K	20x	as long as short