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

NOK

RWAall NOK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0096%/8h= −10.5% APRpaid last 24h −0.046%
Price spread now: KuCoin against tradeXYZ+0.018%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$346as in the Funding arb table
Net, price: spread back to 7d avg − costs−$330as in the Price arb table
costs, in and out, $10k−$3303.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.165%−$16 on $10k
Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.018%, 7d avg +0.018%
Together, before fees−0.239%+ Points / potential airdroptradeXYZ: Active · farm board−$24 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:NOK10.8980.0196pay 0.0024% / 1h23m 06s$4.3M$1.2M10x
ShortKuCoin NOKUSDTM10.9000.0100get 0.0100% / 8h1h 23m$297K$440K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
−$20.16
Price spread: +0.018% → +0.018%
$0.01
Slippage, 4 orders
−$299.93
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$350.08
Costs to cover
3.299%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; KuCoin: live order book, 20 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 tradeXYZ live order book, 5 min ago3.21 bp17.4 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 20 min ago9.18 bp106.3 bp −$106doesn't fitdoesn'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%8h10.916+0.163%$66K$7K20xas long as short
OKX NOK-USDT-SWAP0.0000%8h10.913+0.138%$1.2M$1.3M20xas long as short
Bitget NOKSTOCKUSDT0.0000%8h10.925+0.248%$1.5M$580K20xas long as short
GRVT NOK_USDT_Perp0.0000%8h10.918+0.182%$3K$128K10xas long as short
SunX NOK-USDT0.0000%8h10.910+0.110%$974$1.3M10xas long as short
HTX NOK-USDT0.0000%8h10.920+0.202%$9K$6K10xas long as short
Phemex NOKUSDT0.0000%8h10.910+0.110%$1.6M$590K10xas long as short
Lighter NOK+0.0032%1h10.900+0.018%10xas long as short
Vest NOK-PERP+0.0046%1h10.900+0.018%10xas long as short
KuCoin NOKUSDTMshort+0.0100%8h10.900+0.018%$297K$440K20x
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni NOK+0.0116%8h10.913+0.138%$131K$117Kas long as short
Gate NOK_USDT+0.0150%8h10.920+0.202%$945K$1.0M50xas long as short
tradeXYZ xyz:NOKlong+0.0196%1h10.898long leg$4.3M$1.2M10x
Binance NOKUSDT+0.0272%8h10.918+0.182%$7.3M$9.6M20xas long as short
Extended NOK-USD+0.0272%1h10.915+0.160%$41K$165K10xas long as short
MEXC NOKSTOCK_USDT+0.0274%8h10.910+0.110%$1.5M$117K50xas long as short