Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%

Price spread now: Extended against Variational Omni−0.159%7-day average — · you buy dearer than you sell

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

Long on Variational Omni Short on Extended

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropVariational Omni: Active · Extended: Active · farm boardneeds both histories

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.159% cheaper against Variational Omni than usual: you would sell low and buy high, −$16 on $10k if it goes back to zero (this spread has no 7-day history yet).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Variational Omni NOK	11.033	0	get 0.0000% / 8h	7h 37m	$71K	$55K	—
Short	Extended NOK-USD	11.016	0	get 0.0000% / 1h	37m 58s	$41K	$253K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Variational Omni. 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 Variational OmnibpFee ExtendedbpOrdersPrice spread, now −0.159%Rate

Funding earned: $0
Price spread: −0.159% → 0.000%: −$15.91
Slippage, 4 orders: no order book: not counted
Fee Variational Omni: 0 bp × 2 orders: $0
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$20.91
Costs to cover: 0.050%
Break-even: never at this rate

Slippage unknown: Variational Omni: no order-book sample; Extended: live order book, 34 min ago. 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 Variational Omni no order-book sample	—	—	—	—	—
Sell Extended live order book, 34 min ago	7.76 bp	22.4 bp −$22	127.4 bp −$1,274	doesn't fit	doesn't fit

Variational Omni: 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	11.021	−0.116%	$67K	$7K	20x	as long as short
Extended NOK-USDshort	0.0000%	1h	11.016	−0.159%	$41K	$253K	10x
Binance NOKUSDT	0.0000%	8h	11.018	−0.137%	$7.5M	$8.6M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.025	−0.075%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.031	−0.021%	$989K	$997K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	−0.211%	$1.6M	$114K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.034	+0.006%	$1.5M	$568K	20x	as long as short
Variational Omni NOKlong	0.0000%	8h	11.033	long leg	$71K	$55K	—
GRVT NOK_USDT_Perp	0.0000%	8h	11.020	−0.120%	$4K	$158K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.010	−0.211%	$1K	$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-USDT	0.0000%	8h	11.010	−0.211%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.010	−0.211%	$1.6M	$513K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.019	−0.130%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.030	−0.030%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.040	+0.061%	$302K	$289K	20x	as long as short
tradeXYZ xyz:NOK	+0.0205%	1h	11.023	−0.093%	$4.3M	$982K	10x	as long as short