Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0004%/8h= −0.4% APRpaid last 24h −0.008%

Price spread now: MEXC against Extended+0.021%7-day average 0.000% · you sell dearer than you buy

Net, funding: paid 7d − costs−$71as in the Funding arb table

Net, price: spread back to 7d avg − costs−$69as in the Price arb table

costs, in and out, $10k−$710.707% of the position

Long on Extended Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.007%−$1 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now +0.021%, 7d avg 0.000%

Together, before fees−0.114%+ Points / potential airdropExtended: Active · farm board−$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: MEXC is 0.020% dearer against Extended than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of 0.000%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NOK-USD	10.778	0.0408	pay 0.0051% / 1h	31m 43s	$37K	$274K	10x
Short	MEXC NOKSTOCK_USDT	10.780	0.0404	get 0.0404% / 8h	31m 43s	$1.5M	$119K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC against Extended. 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 ExtendedbpFee MEXCbpOrdersPrice spread, now +0.021%Rate

Funding earned: −$0.84
Price spread: +0.021% → 0.000%: $2.03
Slippage, 4 orders: −$65.68
Fee Extended: 2.5 bp × 2 orders: −$5
Fee MEXC: 0 bp × 2 orders: $0
Net: −$69.49
Costs to cover: 0.707%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; MEXC: live order book, 4 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 Extended live order book, 5 min ago	6.98 bp	22.1 bp −$22	146.7 bp −$1,467	doesn't fit	doesn't fit
Sell MEXC live order book, 4 min ago	9.28 bp	14.1 bp −$14	36.0 bp −$360	120.9 bp −$12.1K	235.5 bp −$117.7K

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	−0.0242%	8h	10.804	+0.243%	$1.5M	$568K	20x	as long as short
Aster NOKUSDT	0.0000%	8h	10.776	−0.017%	$66K	$7K	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.780	+0.021%	$1.2M	$1.3M	20x	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.789	+0.102%	$3K	$121K	10x	as long as short
SunX NOK-USDT	0.0000%	8h	10.790	+0.113%	$933	$1.3M	10x	as long as short
HTX NOK-USDT	0.0000%	8h	10.780	+0.021%	$9K	$6K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.770	−0.072%	$1.6M	$607K	10x	as long as short
Vest NOK-PERP	+0.0032%	1h	10.740	−0.351%	—	—	10x	as long as short
Lighter NOK	+0.0032%	1h	10.759	−0.174%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.770	−0.072%	$295K	$448K	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	+0.0153%	8h	10.789	+0.104%	$944K	$1.0M	50x	as long as short
Variational Omni NOK	+0.0197%	8h	10.773	−0.045%	$129K	$117K	—	as long as short
MEXC NOKSTOCK_USDTshort	+0.0404%	8h	10.780	+0.021%	$1.5M	$119K	50x
Binance NOKUSDT	+0.0405%	8h	10.770	−0.072%	$7.2M	$9.9M	20x	as long as short
Extended NOK-USDlong	+0.0408%	1h	10.778	long leg	$37K	$274K	10x
tradeXYZ xyz:NOK	+0.0474%	1h	10.764	−0.128%	$4.4M	$1.3M	10x	as long as short