Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
SwapBacktest
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 +0.037%
Price spread now: Binance against Phemex0.000%7-day average +0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$142as in the Funding arb table
Net, price: spread back to 7d avg − costs−$154as in the Price arb table
costs, in and out, $10k−$1541.540% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.125%+$12 on $10k
Price spread, last 2 days (all we have)+0.033%+$3 · spread now 0.000%, 7d avg +0.004%
Together, before fees+0.158%+$16 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex NOKUSDT11.0200get 0.0000% / 8h6h 44m$1.6M$534K10x
ShortBinance NOKUSDT11.0200get 0.0000% / 8h6h 44m$7.5M$8.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Phemex. 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

Funding earned
$0
Price spread: 0.000% → +0.004%
−$0.43
Slippage, 4 orders
−$132.02
Fee Phemex: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
−$154.45
Costs to cover
1.540%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; Binance: live order book, 10 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phemex live order book, 4 min ago31.69 bp45.7 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 10 min ago4.53 bp9.5 bp −$1056.9 bp −$569doesn't fitdoesn't fit

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h11.022+0.016%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h11.017−0.025%$37K$171K10xas long as short
Binance NOKUSDTshort0.0000%8h11.0200.000%$7.5M$8.8M20x
OKX NOK-USDT-SWAP0.0000%8h11.034+0.127%$1.2M$1.3M20xas long as short
Gate NOK_USDT0.0000%8h11.031+0.100%$985K$987K50xas long as short
MEXC NOKSTOCK_USDT0.0000%8h11.0200.000%$1.6M$111K50xas long as short
Bitget NOKSTOCKUSDT0.0000%8h11.047+0.245%$1.5M$581K20xas long as short
Variational Omni NOK0.0000%8h11.013−0.061%$137K$113Kas long as short
GRVT NOK_USDT_Perp0.0000%8h11.030+0.091%$4K$152K10xas long as short
SunX NOK-USDT0.0000%8h11.010−0.091%$863$1.5M10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX NOK-USDT0.0000%8h11.030+0.091%$9K$5K10xas long as short
Phemex NOKUSDTlong0.0000%8h11.020long leg$1.6M$534K10x
Lighter NOK+0.0032%1h11.019−0.009%10xas long as short
Vest NOK-PERP+0.0046%1h11.0200.000%10xas long as short
KuCoin NOKUSDTM+0.0100%8h11.0200.000%$301K$319K20xas long as short
tradeXYZ xyz:NOK+0.0212%1h11.018−0.018%$4.2M$1.1M10xas long as short