Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0019%/8h= −2.1% APRpaid last 24h −0.014%

Price spread now: GRVT against Vest+0.279%63s7-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 GRVT

What this pair did over the last

the charts below follow

Funding, last 4 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 · GRVT: Active · farm boardneeds both histories

The price spread pays, funding is against you. GRVT is 0.279% dearer against Vest than usual: you sell high and buy low (spread +0.279% now, against zero (this spread has no 7-day history yet)): +$28 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 49 days. The two prices were read 63 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	10.750	0.0019	pay 0.0002% / 1h	16m 04s	—	—	10x
Short	GRVT NOK_USDT_Perp	10.780	0	get 0.0000% / 8h	16m 04s	$3K	$118K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.279%Rate

Funding earned: −$3.96
Price spread: +0.279% → 0.000%: $27.91
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $12.94
Costs to cover: 0.110%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; GRVT: live order book, 16 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 GRVT live order book, 16 min ago	9.28 bp	34.8 bp −$35	105.4 bp −$1,054	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
Bitget NOKSTOCKUSDT	−0.0431%	8h	10.820	+0.651%	$1.5M	$567K	20x	as long as short
Aster NOKUSDT	0.0000%	8h	10.779	+0.273%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.778	+0.260%	$1.2M	$1.2M	20x	as long as short
GRVT NOK_USDT_Perpshort	0.0000%	8h	10.780	+0.279%	$3K	$118K	10x
SunX NOK-USDT	0.0000%	8h	10.780	+0.279%	$1K	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.810	+0.558%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.780	+0.279%	$1.6M	$617K	10x	as long as short
Vest NOK-PERPlong	+0.0019%	1h	10.750	long leg	—	—	10x
Lighter NOK	+0.0032%	1h	10.759	+0.084%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.770	+0.186%	$294K	$444K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate NOK_USDT	+0.0141%	8h	10.789	+0.363%	$940K	$1.0M	50x	as long as short
Variational Omni NOK	+0.0190%	8h	10.783	+0.308%	$130K	$118K	—	as long as short
tradeXYZ xyz:NOK	+0.0373%	1h	10.770	+0.186%	$4.4M	$1.3M	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0414%	8h	10.770	+0.186%	$1.5M	$120K	50x	as long as short
Extended NOK-USD	+0.0416%	1h	10.777	+0.255%	$39K	$277K	10x	as long as short
Binance NOKUSDT	+0.0416%	8h	10.780	+0.279%	$7.2M	$10.0M	20x	as long as short