Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0108%/8h= −11.8% APRpaid last 24h −0.017%

Price spread now: Vest against KuCoin−0.187%50s7-day average — · you buy dearer than you sell

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

Long on KuCoin 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 airdropVest: Active · farm boardneeds both histories

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Vest is 0.187% cheaper against KuCoin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin NOKUSDTM	10.720	0.0100	pay 0.0100% / 8h	7h 36m	$293K	$440K	20x
Short	Vest NOK-PERP	10.700	−0.0008	pay 0.0001% / 1h	36m 41s	—	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.187%Rate

Funding earned: −$22.65
Price spread: −0.187% → 0.000%: −$18.66
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Vest: 1 bp × 2 orders: −$2
Net: −$55.3
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 57 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 KuCoin live order book, 57 min ago	4.64 bp	227.2 bp −$227	doesn't fit	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	−0.0448%	8h	10.770	+0.466%	$1.5M	$586K	20x	as long as short
Vest NOK-PERPshort	−0.0008%	1h	10.700	−0.187%	—	—	10x
Aster NOKUSDT	0.0000%	8h	10.720	0.000%	$65K	$7K	20x	as long as short
SunX NOK-USDT	0.0000%	8h	10.730	+0.093%	$1K	$1.2M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.730	+0.093%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.740	+0.187%	$1.6M	$643K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.704	−0.149%	—	—	10x	as long as short
OKX NOK-USDT-SWAP	+0.0070%	8h	10.732	+0.112%	$1.2M	$1.2M	20x	as long as short
KuCoin NOKUSDTMlong	+0.0100%	8h	10.720	long leg	$293K	$440K	20x
GRVT NOK_USDT_Perp	+0.0119%	8h	10.720	0.000%	$3K	$111K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0190%	8h	10.739	+0.177%	$935K	$1.0M	50x	as long as short
tradeXYZ xyz:NOK	+0.0282%	1h	10.713	−0.065%	$4.4M	$1.4M	10x	as long as short
Variational Omni NOK	+0.0290%	8h	10.718	−0.016%	$129K	$118K	—	as long as short
MEXC NOKSTOCK_USDT	+0.0565%	8h	10.710	−0.093%	$1.5M	$118K	50x	as long as short
Extended NOK-USD	+0.0568%	1h	10.727	+0.067%	$36K	$277K	10x	as long as short
Binance NOKUSDT	+0.0568%	8h	10.730	+0.093%	$7.3M	$10.4M	20x	as long as short