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 −0.021%

Price spread now: Gate against MEXC+0.247%7-day average +0.126% · you sell dearer than you buy

Net, funding: paid 7d − costs−$78as in the Funding arb table

Net, price: spread back to 7d avg − costs−$65as in the Price arb table

costs, in and out, $10k−$770.770% of the position

Long on MEXC Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.012%−$1 on $10k

Price spread, last 4 days (all we have)−0.067%−$7 · spread now +0.247%, 7d avg +0.126%

Together, before fees−0.079%−$8 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: Gate is 0.121% dearer against MEXC than usual: you sell high and buy low, +$12 on $10k if it goes back to its 7-day average of +0.126%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	MEXC NOKSTOCK_USDT	10.940	0	get 0.0000% / 8h	3h 27m	$1.6M	$112K	50x
Short	Gate NOK_USDT	10.967	0	get 0.0000% / 8h	3h 27m	$951K	$991K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now +0.247%Rate

Funding earned: $0
Price spread: +0.247% → +0.126%: $12.13
Slippage, 4 orders: −$62.04
Fee MEXC: 0 bp × 2 orders: $0
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$64.91
Costs to cover: 0.770%
Break-even: never at this rate

Slippage from MEXC: live order book, 4 min ago; Gate: live order book, 10 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	9.12 bp	9.1 bp −$9	32.4 bp −$324	124.9 bp −$12.5K	272.3 bp −$136.2K
Sell Gate live order book, 10 min ago	3.19 bp	30.5 bp −$31	doesn't fit	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	10.939	−0.008%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.937	−0.029%	$37K	$165K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.940	0.000%	$7.4M	$9.1M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.943	+0.027%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDTshort	0.0000%	8h	10.967	+0.247%	$951K	$991K	50x
MEXC NOKSTOCK_USDTlong	0.0000%	8h	10.940	long leg	$1.6M	$112K	50x
Bitget NOKSTOCKUSDT	0.0000%	8h	10.970	+0.274%	$1.5M	$606K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.958	+0.165%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.956	+0.151%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.970	+0.274%	$945	$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	10.970	+0.274%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.940	0.000%	$1.6M	$553K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.919	−0.192%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.930	−0.091%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.930	−0.091%	$300K	$405K	20x	as long as short
tradeXYZ xyz:NOK	+0.0377%	1h	10.944	+0.037%	$4.2M	$1.1M	10x	as long as short