Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h +0.008%

Price spread now: Extended against MEXC−0.026%7-day average 0.000% · you buy dearer than you sell

Net, funding: paid 7d − costs−$58as in the Funding arb table

Net, price: spread back to 7d avg − costs−$62as in the Price arb table

costs, in and out, $10k−$590.590% of the position

Long on MEXC Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.007%+$1 on $10k

Price spread, last 4 days (all we have)+0.113%+$11 · spread now −0.026%, 7d avg 0.000%

Together, before fees+0.119%+ Points / potential airdropExtended: Active · farm board+$12 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.026% cheaper against MEXC than usual: you would sell low and buy high (spread −0.026% now, against its 7-day average of 0.000%). If the spread goes back, that is −$3 on $10k: about 7.8 days of funding at the current rate ($0 a day). At the pace of the last 7 days (+0.007% in total) that is about 28 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.780	0.0405	pay 0.0405% / 8h	17m 14s	$1.5M	$120K	50x
Short	Extended NOK-USD	10.777	0.0416	get 0.0052% / 1h	17m 14s	$39K	$277K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.026%Rate

Funding earned: $2.31
Price spread: −0.026% → 0.000%: −$2.57
Slippage, 4 orders: −$54
Fee MEXC: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$59.26
Costs to cover: 0.590%
Break-even: 186.6 days

Slippage from MEXC: live order book, 4 min ago; Extended: live order book, 20 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	4.64 bp	11.6 bp −$12	27.0 bp −$270	142.1 bp −$14.2K	doesn't fit
Sell Extended live order book, 20 min ago	6.98 bp	20.0 bp −$20	122.8 bp −$1,228	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
Bitget NOKSTOCKUSDT	−0.0420%	8h	10.817	+0.343%	$1.5M	$567K	20x	as long as short
Aster NOKUSDT	0.0000%	8h	10.779	−0.008%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.778	−0.019%	$1.2M	$1.2M	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.780	0.000%	$3K	$118K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.780	0.000%	$1K	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.810	+0.278%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.780	0.000%	$1.6M	$617K	10x	as long as short
Vest NOK-PERP	+0.0020%	1h	10.750	−0.278%	—	—	10x	as long as short
Lighter NOK	+0.0032%	1h	10.759	−0.195%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.770	−0.093%	$294K	$445K	20x	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	+0.0141%	8h	10.788	+0.074%	$940K	$1.0M	50x	as long as short
Variational Omni NOK	+0.0190%	8h	10.783	+0.029%	$130K	$118K	—	as long as short
tradeXYZ xyz:NOK	+0.0380%	1h	10.768	−0.111%	$4.4M	$1.3M	10x	as long as short
MEXC NOKSTOCK_USDTlong	+0.0405%	8h	10.780	long leg	$1.5M	$120K	50x
Binance NOKUSDT	+0.0414%	8h	10.780	0.000%	$7.2M	$10.0M	20x	as long as short
Extended NOK-USDshort	+0.0416%	1h	10.777	−0.026%	$39K	$277K	10x