Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0172%/8h= +18.8% APRpaid last 24h +0.012%

Price spread now: Extended against KuCoin−0.022%7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$339as in the Price arb table

costs, in and out, $10k−$3393.391% of the position

Long on KuCoin Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.082%−$8 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.022%, 7d avg −0.027%

Together, before fees+0.021%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: +$5 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	10.900	0.0100	pay 0.0100% / 8h	1h 40m	$297K	$438K	20x
Short	Extended NOK-USD	10.898	0.0272	get 0.0034% / 1h	40m 38s	$37K	$159K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against KuCoin. 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 KuCoinbpFee ExtendedbpOrdersPrice spread, now −0.022%Rate

Funding earned: $36.12
Price spread: −0.022% → −0.027%: $0.52
Slippage, 4 orders: −$322.06
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$302.42
Costs to cover: 3.391%
Break-even: 65.6 days

Slippage from KuCoin: live order book, 3 min ago; Extended: live order book, 65 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 KuCoin live order book, 3 min ago	9.18 bp	188.2 bp −$188	doesn't fit	doesn't fit	doesn't fit
Sell Extended live order book, 65 min ago	7.80 bp	22.4 bp −$22	133.0 bp −$1,330	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	10.898	−0.015%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.904	+0.037%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.917	+0.156%	$1.5M	$579K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.910	+0.092%	$3K	$128K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.890	−0.092%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.275%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.900	0.000%	$1.6M	$590K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.880	−0.183%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.880	−0.183%	—	—	10x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	10.900	long leg	$297K	$438K	20x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0117%	8h	10.893	−0.063%	$131K	$117K	—	as long as short
Gate NOK_USDT	+0.0167%	8h	10.899	−0.009%	$944K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0226%	1h	10.880	−0.183%	$4.3M	$1.2M	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0270%	8h	10.890	−0.092%	$1.5M	$116K	50x	as long as short
Binance NOKUSDT	+0.0272%	8h	10.900	0.000%	$7.3M	$9.6M	20x	as long as short
Extended NOK-USDshort	+0.0272%	1h	10.898	−0.022%	$37K	$159K	10x