Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0223%/8h= −24.4% APRpaid last 24h +0.013%

Price spread now: Vest against GRVT−0.199%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropGRVT: Active · Vest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Vest is 0.199% cheaper against GRVT than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT NOK_USDT_Perp	10.731	0.0215	pay 0.0215% / 8h	7h 43m	$3K	$112K	10x
Short	Vest NOK-PERP	10.710	−0.0008	pay 0.0001% / 1h	43m 25s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.199%Rate

Funding earned: −$46.8
Price spread: −0.199% → 0.000%: −$19.87
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$77.67
Costs to cover: 0.110%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 49 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 GRVT live order book, 49 min ago	9.28 bp	27.7 bp −$28	210.6 bp −$2,106	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
Bitget NOKSTOCKUSDT	−0.0525%	8h	10.778	+0.435%	$1.5M	$587K	20x	as long as short
Vest NOK-PERPshort	−0.0008%	1h	10.710	−0.199%	—	—	10x
Aster NOKUSDT	0.0000%	8h	10.720	−0.106%	$65K	$7K	20x	as long as short
SunX NOK-USDT	0.0000%	8h	10.720	−0.106%	$1K	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.750	+0.174%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.730	−0.012%	$1.6M	$633K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.715	−0.152%	—	—	10x	as long as short
OKX NOK-USDT-SWAP	+0.0060%	8h	10.744	+0.118%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	+0.0082%	8h	10.746	+0.137%	$935K	$1.0M	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.720	−0.106%	$293K	$440K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT NOK_USDT_Perplong	+0.0215%	8h	10.731	long leg	$3K	$112K	10x
tradeXYZ xyz:NOK	+0.0273%	1h	10.717	−0.134%	$4.4M	$1.4M	10x	as long as short
Variational Omni NOK	+0.0287%	8h	10.723	−0.075%	$129K	$118K	—	as long as short
Extended NOK-USD	+0.0536%	1h	10.737	+0.051%	$36K	$277K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0536%	8h	10.730	−0.012%	$1.5M	$118K	50x	as long as short
Binance NOKUSDT	+0.0540%	8h	10.738	+0.065%	$7.2M	$10.2M	20x	as long as short