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 −0.017%

Price spread now: Variational Omni against Bitget−0.209%7-day average −0.312% · you buy dearer than you sell

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

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.017%−$2 on $10k

Price spread, last 4 days (all we have)+0.145%+$14 · spread now −0.209%, 7d avg −0.312%

Together, before fees+0.127%+ Points / potential airdropVariational Omni: Active · farm board+$13 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: Variational Omni is 0.103% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.312%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget NOKSTOCKUSDT	11.046	0	get 0.0000% / 8h	6h 19m	$1.5M	$581K	20x
Short	Variational Omni NOK	11.023	0	get 0.0000% / 8h	6h 19m	$137K	$113K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now −0.209%Rate

Funding earned: $0
Price spread: −0.209% → −0.312%: $10.29
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$1.71
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 2 min ago; Variational Omni: RFQ quote, 49 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 Bitget live order book, 2 min ago	17.64 bp	54.0 bp −$54	73.4 bp −$734	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 49 min ago	11.85 bp	doesn't fit	106.7 bp −$1,067	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	11.014	−0.288%	$67K	$7K	20x	as long as short
Extended NOK-USD	0.0000%	1h	11.015	−0.278%	$40K	$172K	10x	as long as short
Binance NOKUSDT	0.0000%	8h	11.021	−0.223%	$7.5M	$8.9M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	11.037	−0.081%	$1.2M	$1.3M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	11.034	−0.109%	$975K	$1.0M	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	11.010	−0.326%	$1.6M	$113K	50x	as long as short
Bitget NOKSTOCKUSDTlong	0.0000%	8h	11.046	long leg	$1.5M	$581K	20x
Variational Omni NOKshort	0.0000%	8h	11.023	−0.209%	$137K	$113K	—
GRVT NOK_USDT_Perp	0.0000%	8h	11.030	−0.143%	$3K	$150K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	11.020	−0.235%	$896	$1.5M	10x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	11.060	+0.127%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	11.020	−0.235%	$1.6M	$537K	10x	as long as short
Lighter NOK	+0.0032%	1h	11.009	−0.335%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	11.000	−0.416%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	11.020	−0.235%	$301K	$331K	20x	as long as short
tradeXYZ xyz:NOK	+0.0371%	1h	11.022	−0.217%	$4.2M	$1.1M	10x	as long as short