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 0.000%

Price spread now: SunX against GRVT−0.014%7-day average −0.100% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$245as in the Price arb table

costs, in and out, $10k−$2542.539% of the position

Long on GRVT Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.014%, 7d avg −0.100%

Together, before fees−0.069%+ Points / potential airdropGRVT: Active · farm board−$7 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: SunX is 0.086% dearer against GRVT than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.100%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NOK_USDT_Perp	11.012	0	get 0.0000% / 8h	4h 18m	$3K	$146K	10x
Short	SunX NOK-USDT	11.010	0	get 0.0000% / 8h	4h 18m	$535	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now −0.014%Rate

Funding earned: $0
Price spread: −0.014% → −0.100%: $8.56
Slippage, 4 orders: −$236.95
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee SunX: 4 bp × 2 orders: −$8
Net: −$245.38
Costs to cover: 2.539%
Break-even: never at this rate

Slippage from GRVT: live order book, 34 min ago; SunX: live order book, 6 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, 34 min ago	9.09 bp	38.1 bp −$38	136.8 bp −$1,368	doesn't fit	doesn't fit
Sell SunX live order book, 6 min ago	49.98 bp	101.7 bp −$102	doesn't fit	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	11.018	+0.057%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.015	+0.035%	$37K	$168K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.015	+0.033%	$7.5M	$9.0M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.022	+0.095%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.030	+0.168%	$966K	$992K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.020	+0.077%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.028	+0.150%	$1.5M	$594K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.003	−0.078%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perplong	0.0000%	8h	11.012	long leg	$3K	$146K	10x
SunX NOK-USDTshort	0.0000%	8h	11.010	−0.014%	$535	$1.4M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	11.000	−0.105%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	−0.014%	$1.6M	$544K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.009	−0.023%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.010	−0.014%	—	—	10x	as long as short
tradeXYZ xyz:NOK	+0.0050%	1h	11.016	+0.041%	$4.2M	$1.1M	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.010	−0.014%	$300K	$391K	20x	as long as short