Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0218%/8h= −23.9% APRpaid last 24h −0.069%

Price spread now: HTX against tradeXYZ+0.411%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 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—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread pays, funding is against you. HTX is 0.411% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.411% now, against zero (this spread has no 7-day history yet)): +$41 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 6.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:NOK	10.945	0.0218	pay 0.0027% / 1h	38m 07s	$4.2M	$1.1M	10x
Short	HTX NOK-USDT	10.990	0	get 0.0000% / 8h	3h 38m	$9K	$5K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.411%Rate

Funding earned: −$45.75
Price spread: +0.411% → 0.000%: $41.11
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.64
Costs to cover: 0.300%
Break-even: from the start

Slippage unknown: tradeXYZ: live order book, 10 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 tradeXYZ live order book, 10 min ago	2.27 bp	19.5 bp −$20	30.6 bp −$306	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	10.938	−0.065%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.950	+0.042%	$38K	$164K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.953	+0.075%	$7.4M	$9.1M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.960	+0.137%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.963	+0.164%	$951K	$989K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.950	+0.046%	$1.6M	$112K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.988	+0.393%	$1.5M	$604K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.963	+0.165%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.974	+0.266%	$3K	$146K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.960	+0.137%	$895	$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-USDTshort	0.0000%	8h	10.990	+0.411%	$9K	$5K	10x
Phemex NOKUSDT	0.0000%	8h	10.960	+0.137%	$1.6M	$549K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.929	−0.146%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.930	−0.137%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.950	+0.046%	$299K	$402K	20x	as long as short
tradeXYZ xyz:NOKlong	+0.0218%	1h	10.945	long leg	$4.2M	$1.1M	10x