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: Binance against MEXC−0.092%7-day average +0.045% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$48as in the Price arb table

costs, in and out, $10k−$340.344% of the position

Long on MEXC Short on Binance

What this pair did over the last

the charts below follow

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

Price spread, last 7 days+0.040%+$4 · spread now −0.092%, 7d avg +0.045%

Together, before fees+0.041%+$4 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: Binance is 0.137% cheaper against MEXC than usual: you would sell low and buy high, −$14 on $10k if it goes back to its 7-day average of +0.045%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.920	0	get 0.0000% / 8h	3h 22m	$1.6M	$112K	50x
Short	Binance NOKUSDT	10.910	0	get 0.0000% / 8h	3h 22m	$7.3M	$9.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against MEXC. 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 MEXCbpFee BinancebpOrdersPrice spread, now −0.092%Rate

Funding earned: $0
Price spread: −0.092% → +0.045%: −$13.69
Slippage, 4 orders: −$24.45
Fee MEXC: 0 bp × 2 orders: $0
Fee Binance: 5 bp × 2 orders: −$10
Net: −$48.14
Costs to cover: 0.344%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Binance: live order book, 2 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 MEXC live order book, 4 min ago	4.57 bp	4.6 bp −$5	18.9 bp −$189	139.0 bp −$13.9K	doesn't fit
Sell Binance live order book, 2 min ago	4.57 bp	9.6 bp −$10	49.8 bp −$498	466.1 bp −$46.6K	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	10.918	−0.022%	$66K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.917	−0.027%	$37K	$165K	10x	as long as short
Binance NOKUSDTshort	0.0000%	8h	10.910	−0.092%	$7.3M	$9.1M	20x
OKX NOK-USDT-SWAP	0.0000%	8h	10.924	+0.037%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.937	+0.156%	$948K	$993K	50x	as long as short
MEXC NOKSTOCK_USDTlong	0.0000%	8h	10.920	long leg	$1.6M	$112K	50x
Bitget NOKSTOCKUSDT	0.0000%	8h	10.949	+0.266%	$1.5M	$594K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.943	+0.210%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.940	+0.183%	$3K	$145K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.920	0.000%	$905	$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	10.940	+0.183%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.920	0.000%	$1.6M	$556K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.890	−0.275%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.183%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.920	0.000%	$299K	$406K	20x	as long as short
tradeXYZ xyz:NOK	+0.0408%	1h	10.912	−0.073%	$4.2M	$1.1M	10x	as long as short