Funding arb · Price arb /

NOK

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Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0045%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.371%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 SunX

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 · farm boardneeds both histories

The price spread pays, funding is against you. SunX is 0.371% dearer against Vest than usual: you sell high and buy low (spread +0.371% now, against zero (this spread has no 7-day history yet)): +$37 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	10.790	0.0045	pay 0.0006% / 1h	49m 10s	—	—	10x
Short	SunX NOK-USDT	10.830	0	get 0.0000% / 8h	49m 10s	$1K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.371%Rate

Funding earned: −$9.53
Price spread: +0.371% → 0.000%: $37.07
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: $17.55
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: 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 SunX live order book, 5 min ago	50.67 bp	102.9 bp −$103	doesn't fit	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	10.816	+0.245%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.841	+0.473%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	10.850	+0.556%	$1.5M	$571K	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.839	+0.457%	$3K	$122K	10x	as long as short
SunX NOK-USDTshort	0.0000%	8h	10.830	+0.371%	$1K	$1.3M	10x
HTX NOK-USDT	0.0000%	8h	10.840	+0.463%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.830	+0.371%	$1.6M	$593K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.800	+0.093%	—	—	10x	as long as short
Vest NOK-PERPlong	+0.0045%	1h	10.790	long leg	—	—	10x
KuCoin NOKUSDTM	+0.0100%	8h	10.810	+0.185%	$295K	$445K	20x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni NOK	+0.0112%	8h	10.843	+0.490%	$130K	$117K	—	as long as short
Gate NOK_USDT	+0.0124%	8h	10.827	+0.343%	$937K	$979K	50x	as long as short
Extended NOK-USD	+0.0304%	1h	10.810	+0.186%	$37K	$276K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0304%	8h	10.820	+0.278%	$1.5M	$118K	50x	as long as short
Binance NOKUSDT	+0.0308%	8h	10.830	+0.371%	$7.2M	$9.7M	20x	as long as short
tradeXYZ xyz:NOK	+0.0450%	1h	10.813	+0.213%	$4.3M	$1.3M	10x	as long as short