Funding arb · Price arb /

NOK

RWAall NOK markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.039%

Price spread now: SunX against Extended+0.220%7-day average −0.061% · you sell dearer than you buy

Net, funding: paid 7d − costs−$259as in the Funding arb table

Net, price: spread back to 7d avg − costs−$218as in the Price arb table

costs, in and out, $10k−$2462.460% of the position

Long on Extended Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.130%−$13 on $10k

Price spread, last 4 days (all we have)−0.271%−$27 · spread now +0.220%, 7d avg −0.061%

Together, before fees−0.401%+ Points / potential airdropExtended: Active · farm board−$40 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 0.281% dearer against Extended than usual: you sell high and buy low, +$28 on $10k if it goes back to its 7-day average of −0.061%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended NOK-USD	10.936	0	get 0.0000% / 1h	39m 34s	$38K	$166K	10x
Short	SunX NOK-USDT	10.960	0	get 0.0000% / 8h	3h 39m	$895	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.220%Rate

Funding earned: $0
Price spread: +0.220% → −0.061%: $28.07
Slippage, 4 orders: −$233.01
Fee Extended: 2.5 bp × 2 orders: −$5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$217.94
Costs to cover: 2.460%
Break-even: never at this rate

Slippage from Extended: live order book, 11 min ago; SunX: live order book, 5 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, 11 min ago	8.20 bp	23.3 bp −$23	131.8 bp −$1,318	doesn't fit	doesn't fit
Sell SunX live order book, 5 min ago	49.93 bp	101.5 bp −$101	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	10.942	+0.057%	$67K	$7K	20x	as long as short
Extended NOK-USDlong	0.0000%	1h	10.936	long leg	$38K	$166K	10x
Binance NOKUSDT	0.0000%	8h	10.941	+0.047%	$7.4M	$9.1M	20x	as long as short
OKX NOK-USDT-SWAP	0.0000%	8h	10.960	+0.220%	$1.2M	$1.2M	20x	as long as short
Gate NOK_USDT	0.0000%	8h	10.964	+0.256%	$951K	$988K	50x	as long as short
MEXC NOKSTOCK_USDT	0.0000%	8h	10.950	+0.128%	$1.6M	$111K	50x	as long as short
Bitget NOKSTOCKUSDT	0.0000%	8h	11.018	+0.750%	$1.5M	$604K	20x	as long as short
Variational Omni NOK	0.0000%	8h	10.963	+0.248%	$136K	$113K	—	as long as short
GRVT NOK_USDT_Perp	0.0000%	8h	10.974	+0.349%	$3K	$146K	10x	as long as short
SunX NOK-USDTshort	0.0000%	8h	10.960	+0.220%	$895	$1.4M	10x

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX NOK-USDT	0.0000%	8h	10.990	+0.494%	$9K	$5K	10x	as long as short
Phemex NOKUSDT	0.0000%	8h	10.970	+0.311%	$1.6M	$549K	10x	as long as short
Lighter NOK	+0.0032%	1h	10.939	+0.028%	—	—	10x	as long as short
Vest NOK-PERP	+0.0046%	1h	10.960	+0.220%	—	—	10x	as long as short
KuCoin NOKUSDTM	+0.0100%	8h	10.950	+0.128%	$299K	$401K	20x	as long as short
tradeXYZ xyz:NOK	+0.0195%	1h	10.950	+0.128%	$4.2M	$1.1M	10x	as long as short