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: HTX against Phemex0.000%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phemex Short on HTX

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phemex NOKUSDT	11.010	0	get 0.0000% / 8h	6h 38m	$1.6M	$534K	10x
Short	HTX NOK-USDT	11.010	0	get 0.0000% / 8h	6h 38m	$9K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee PhemexbpFee HTXbpOrdersPrice spread, now 0.000%Rate

Funding earned: $0
Price spread: 0.000% → 0.000%: $0
Slippage, 4 orders: no order book: not counted
Fee Phemex: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$24
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: Phemex: live order book, 4 min ago; HTX: no order-book sample. Net counts fees only.

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 Phemex live order book, 4 min ago	40.89 bp	79.1 bp −$79	doesn't fit	doesn't fit	doesn't fit
Sell HTX no order-book sample	—	—	—	—	—

HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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	11.019	+0.084%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.016	+0.056%	$37K	$169K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.019	+0.082%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.026	+0.145%	$1.2M	$1.3M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.027	+0.154%	$985K	$988K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	0.000%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.041	+0.282%	$1.5M	$580K	20x	as long as short
Variational Omni NOK	0.0000%	8h	11.013	+0.030%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	11.011	+0.010%	$4K	$150K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	0.000%	$504	$1.5M	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-USDTshort	0.0000%	8h	11.010	0.000%	$9K	$5K	10x
Phemex NOKUSDTlong	0.0000%	8h	11.010	long leg	$1.6M	$534K	10x
Lighter NOK	+0.0032%	1h	11.009	−0.009%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.020	+0.091%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.020	+0.091%	$301K	$322K	20x	as long as short
tradeXYZ xyz:NOK	+0.0183%	1h	11.017	+0.064%	$4.2M	$1.1M	10x	as long as short