Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Aster against Vest−0.059%47s7-day average — · you buy dearer than you sell

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

Long on Vest Short on Aster

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 airdropVest: Active · Aster: Stage 5 · farm boardneeds both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.059% cheaper against Vest than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	11.010	0.0046	pay 0.0006% / 1h	12m 39s	—	—	10x
Short	Aster NOKUSDT	11.003	0	get 0.0000% / 8h	5h 12m	$67K	$7K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now −0.059%Rate

Funding earned: −$9.59
Price spread: −0.059% → 0.000%: −$5.94
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.53
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; 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 Vest no order-book sample	—	—	—	—	—
Sell Aster no order-book sample	—	—	—	—	—

Vest and 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	11.003	−0.059%	$67K	$7K	20x
Extended NOK-USD	0.0000%	1h	10.997	−0.117%	$39K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.000	−0.091%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.004	−0.054%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.000	−0.091%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.027	+0.154%	$1.5M	$586K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.993	−0.156%	$137K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.997	−0.116%	$3K	$147K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.990	−0.182%	$1K	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	11.000	−0.091%	$9K	$5K	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex NOKUSDT	0.0000%	8h	11.000	−0.091%	$1.6M	$542K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.000	−0.091%	—	—	10x	as long as short
Gate NOK_USDT	+0.0045%	8h	11.008	−0.018%	$966K	$997K	50x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	11.010	long leg	—	—	10x
KuCoin NOKUSDTM	+0.0100%	8h	10.990	−0.182%	$300K	$358K	20x	as long as short
tradeXYZ xyz:NOK	+0.0110%	1h	11.007	−0.027%	$4.2M	$1.1M	10x	as long as short