Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.027%

Price spread now: SunX against Bitget−0.302%7-day average −0.387% · you buy dearer than you sell

Net, funding: paid 7d − costs−$307as in the Funding arb table

Net, price: spread back to 7d avg − costs−$277as in the Price arb table

costs, in and out, $10k−$2852.853% of the position

Long on Bitget Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.218%−$22 on $10k

Price spread, last 4 days (all we have)+0.103%+$10 · spread now −0.302%, 7d avg −0.387%

Together, before fees−0.115%−$11 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.085% dearer against Bitget than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of −0.387%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOKSTOCKUSDT	10.933	0	get 0.0000% / 8h	1h 51m	$1.5M	$580K	20x
Short	SunX NOK-USDT	10.900	0	get 0.0000% / 8h	1h 51m	$1K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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 BitgetbpFee SunXbpOrdersPrice spread, now −0.302%Rate

Funding earned: $0
Price spread: −0.302% → −0.387%: $8.51
Slippage, 4 orders: −$265.31
Fee Bitget: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$276.81
Costs to cover: 2.853%
Break-even: never at this rate

Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 3 min ago.

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 Bitget live order book, 5 min ago	14.62 bp	37.5 bp −$37	52.7 bp −$527	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	32.04 bp	119.7 bp −$120	doesn't fit	doesn't fit	doesn't fit

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	10.906	−0.249%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.904	−0.265%	$1.2M	$1.3M	20x	as long as short
Bitget NOKSTOCKUSDTlong	0.0000%	8h	10.933	long leg	$1.5M	$580K	20x
GRVT NOK_USDT_Perp	0.0000%	8h	10.918	−0.139%	$3K	$129K	10x	as long as short
SunX NOK-USDTshort	0.0000%	8h	10.900	−0.302%	$1K	$1.4M	10x
HTX NOK-USDT	0.0000%	8h	10.950	+0.155%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.900	−0.302%	$1.6M	$588K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.890	−0.393%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.890	−0.393%	—	—	10x	as long as short
tradeXYZ xyz:NOK	+0.0050%	1h	10.890	−0.393%	$4.3M	$1.2M	10x	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	+0.0069%	8h	10.913	−0.182%	$131K	$117K	—	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.900	−0.302%	$297K	$436K	20x	as long as short
Gate NOK_USDT	+0.0157%	8h	10.904	−0.265%	$945K	$1.0M	50x	as long as short
Binance NOKUSDT	+0.0214%	8h	10.900	−0.302%	$7.3M	$9.6M	20x	as long as short
Extended NOK-USD	+0.0216%	1h	10.895	−0.351%	$37K	$162K	10x	as long as short
MEXC NOKSTOCK_USDT	+0.0216%	8h	10.900	−0.302%	$1.5M	$115K	50x	as long as short