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 +0.037%

Price spread now: MEXC against GRVT+0.182%7-day average −0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$44as in the Funding arb table

Net, price: spread back to 7d avg − costs−$38as in the Price arb table

costs, in and out, $10k−$570.566% of the position

Long on GRVT Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days+0.124%+$12 on $10k

Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.182%, 7d avg −0.008%

Together, before fees−0.100%+ Points / potential airdropGRVT: Active · farm board−$10 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 0.190% dearer against GRVT than usual: you sell high and buy low, +$19 on $10k if it goes back to its 7-day average of −0.008%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NOK_USDT_Perp	10.990	0	get 0.0000% / 8h	3h 47m	$3K	$146K	10x
Short	MEXC NOKSTOCK_USDT	11.010	0	get 0.0000% / 8h	3h 47m	$1.6M	$111K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.182%Rate

Funding earned: $0
Price spread: +0.182% → −0.008%: $19.02
Slippage, 4 orders: −$47.64
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee MEXC: 0 bp × 2 orders: $0
Net: −$37.61
Costs to cover: 0.566%
Break-even: never at this rate

Slippage from GRVT: live order book, just now; MEXC: live order book, 3 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, just now	9.08 bp	21.8 bp −$22	120.3 bp −$1,203	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	4.55 bp	4.6 bp −$5	19.6 bp −$196	135.0 bp −$13.5K	271.9 bp −$135.9K

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	11.002	+0.109%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.007	+0.154%	$39K	$166K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.010	+0.182%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.010	+0.182%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.017	+0.246%	$964K	$982K	50x	as long as short
MEXC NOKSTOCK_USDTshort	0.0000%	8h	11.010	+0.182%	$1.6M	$111K	50x
Bitget NOKSTOCKUSDT	0.0000%	8h	11.021	+0.282%	$1.5M	$607K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	+0.028%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perplong	0.0000%	8h	10.990	long leg	$3K	$146K	10x
SunX NOK-USDT	0.0000%	8h	11.010	+0.182%	$793	$1.4M	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	10.990	0.000%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	+0.182%	$1.6M	$546K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.990	0.000%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.990	0.000%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.990	0.000%	$300K	$399K	20x	as long as short
tradeXYZ xyz:NOK	+0.0113%	1h	11.005	+0.136%	$4.2M	$1.1M	10x	as long as short