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 −0.010%

Price spread now: Bitget against MEXC+0.284%7-day average +0.254% · you sell dearer than you buy

Net, funding: paid 7d − costs−$86as in the Funding arb table

Net, price: spread back to 7d avg − costs−$93as in the Price arb table

costs, in and out, $10k−$960.957% of the position

Long on MEXC Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.094%+$9 on $10k

Price spread, last 7 days−0.131%−$13 · spread now +0.284%, 7d avg +0.254%

Together, before fees−0.037%−$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: Bitget is 0.029% dearer against MEXC than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.254%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.930	0	get 0.0000% / 8h	2h 51m	$1.6M	$111K	50x
Short	Bitget NOKSTOCKUSDT	10.961	0	get 0.0000% / 8h	2h 51m	$1.5M	$592K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.284%Rate

Funding earned: $0
Price spread: +0.284% → +0.254%: $2.93
Slippage, 4 orders: −$83.72
Fee MEXC: 0 bp × 2 orders: $0
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$92.79
Costs to cover: 0.957%
Break-even: never at this rate

Slippage from MEXC: live order book, 5 min ago; Bitget: live order book, 5 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, 5 min ago	9.14 bp	17.7 bp −$18	37.2 bp −$372	141.1 bp −$14.1K	277.9 bp −$139.0K
Sell Bitget live order book, 5 min ago	14.60 bp	29.7 bp −$30	120.5 bp −$1,205	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	10.929	−0.007%	$66K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.944	+0.129%	$42K	$165K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.949	+0.170%	$7.3M	$9.3M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.959	+0.265%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDTlong	0.0000%	8h	10.930	long leg	$1.6M	$111K	50x
Bitget NOKSTOCKUSDTshort	0.0000%	8h	10.961	+0.284%	$1.5M	$592K	20x
Variational Omni NOK	0.0000%	8h	10.943	+0.120%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.937	+0.069%	$3K	$137K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.950	+0.183%	$887	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	0.000%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	10.950	+0.183%	$1.6M	$570K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.914	−0.146%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.920	−0.091%	—	—	10x	as long as short
Gate NOK_USDT	+0.0084%	8h	10.966	+0.329%	$952K	$995K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.930	0.000%	$300K	$419K	20x	as long as short
tradeXYZ xyz:NOK	+0.0842%	1h	10.936	+0.055%	$4.3M	$1.2M	10x	as long as short