Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.013%

Price spread now: Bitget against Vest+0.375%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

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 · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.375% dearer against Vest than usual: you sell high and buy low (spread +0.375% now, against zero (this spread has no 7-day history yet)): +$38 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 27 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest NOK-PERP	10.920	0.0046	pay 0.0006% / 1h	51m 16s	—	—	10x
Short	Bitget NOKSTOCKUSDT	10.961	0	get 0.0000% / 8h	2h 51m	$1.5M	$592K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now +0.375%Rate

Funding earned: −$9.59
Price spread: +0.375% → 0.000%: $37.55
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: $13.95
Costs to cover: 0.140%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 5 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 5 min ago	14.60 bp	29.7 bp −$30	120.5 bp −$1,205	doesn't fit	doesn't fit

Vest: 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	+0.161%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	10.957	+0.339%	$42K	$165K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	10.960	+0.366%	$7.3M	$9.4M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.959	+0.357%	$1.2M	$1.2M	20x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.940	+0.183%	$1.6M	$111K	50x	as long as short
Bitget NOKSTOCKUSDTshort	0.0000%	8h	10.961	+0.375%	$1.5M	$592K	20x
Variational Omni NOK	0.0000%	8h	10.943	+0.211%	$135K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.945	+0.229%	$3K	$137K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.950	+0.275%	$887	$1.4M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.930	+0.092%	$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	10.960	+0.366%	$1.6M	$570K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.914	−0.055%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0046%	1h	10.920	long leg	—	—	10x
Gate NOK_USDT	+0.0091%	8h	10.965	+0.412%	$952K	$995K	50x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.930	+0.092%	$299K	$420K	20x	as long as short
tradeXYZ xyz:NOK	+0.0841%	1h	10.936	+0.147%	$4.3M	$1.2M	10x	as long as short