Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0433%/8h= −47.4% APRpaid last 24h −0.069%

Price spread now: Aster against tradeXYZ+0.042%7-day average — · you sell dearer than you buy

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

Long on tradeXYZ Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.371%−$37 on $10k

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

Together, before fees—+ Points / potential airdroptradeXYZ: Active · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.042% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.042% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.371% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NOK	10.916	0.0433	pay 0.0054% / 1h	18m 02s	$4.2M	$1.2M	10x
Short	Aster NOKUSDT	10.921	0	get 0.0000% / 8h	3h 18m	$66K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against tradeXYZ. 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 tradeXYZbpFee AsterbpOrdersPrice spread, now +0.042%Rate

Funding earned: −$90.94
Price spread: +0.042% → 0.000%: $4.15
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Aster: 4 bp × 2 orders: −$8
Net: −$112.79
Costs to cover: 0.260%
Break-even: never at this rate

Slippage unknown: tradeXYZ: live order book, 10 min ago; Aster: 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 tradeXYZ live order book, 10 min ago	3.19 bp	18.0 bp −$18	33.7 bp −$337	doesn't fit	doesn't fit
Sell Aster no order-book sample	—	—	—	—	—

Aster: 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 NOKUSDTshort	0.0000%	8h	10.921	+0.042%	$66K	$7K	20x
Extended NOK-USD	0.0000%	1h	10.926	+0.092%	$37K	$160K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.930	+0.128%	$7.4M	$9.2M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.938	+0.202%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.933	+0.156%	$948K	$995K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.920	+0.037%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.978	+0.568%	$1.5M	$590K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.963	+0.431%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.963	+0.435%	$3K	$145K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.920	+0.037%	$1K	$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	10.960	+0.403%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.930	+0.128%	$1.6M	$559K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.900	−0.147%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.900	−0.147%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.920	+0.037%	$298K	$408K	20x	as long as short
tradeXYZ xyz:NOKlong	+0.0433%	1h	10.916	long leg	$4.2M	$1.2M	10x