Settings8H · net · $10k
Funding arb · Price arb /

NOK

RWAall NOK markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0009%/8h= −1.0% APRnext payment $0.09 per $10,000 · paid last 24h +0.021%
Price spread now: MEXC against Gate−0.163%7-day average −0.125% · you buy dearer than you sell
Net, funding: paid 7d − costs−$298as in the Funding arb table
Net, price: spread back to 7d avg − costs−$303as in the Price arb table
costs, in and out, $10k−$2992.994% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 4 days (all we have)−0.052%−$5 · spread now −0.163%, 7d avg −0.125%
Together, before fees−0.040%−$4 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 0.039% cheaper against Gate than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.125%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate NOK_USDT11.0180.0009pay 0.0009% / 8h5h 48m$970K$985K50x
ShortMEXC NOKSTOCK_USDT11.0000get 0.0000% / 8h5h 48m$1.6M$111K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC against Gate. 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

Funding earned
−$1.89
Price spread: −0.163% → −0.125%
−$3.87
Slippage, 4 orders
−$284.41
Fee Gate: 7.5 bp × 2 orders
−$15
Fee MEXC: 0 bp × 2 orders
$0
Net
−$305.17
Costs to cover
2.994%
Break-even
never at this rate
Slippage from Gate: live order book, 13 min ago; MEXC: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 13 min ago2.72 bp33.7 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 3 min ago13.60 bp17.8 bp −$1848.8 bp −$488175.3 bp −$17.5K273.7 bp −$136.9K

NOK on 16 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster NOKUSDT0.0000%8h11.016−0.014%$67K$7K20xas long as short
Extended NOK-USD0.0000%1h11.002−0.142%$37K$173K10xas long as short
Binance NOKUSDT0.0000%8h11.005−0.118%$7.5M$8.9M20xas long as short
OKX NOK-USDT-SWAP0.0000%8h11.0180.000%$1.2M$1.2M20xas long as short
MEXC NOKSTOCK_USDTshort0.0000%8h11.000−0.163%$1.6M$111K50x
Bitget NOKSTOCKUSDT0.0000%8h11.029+0.100%$1.5M$587K20xas long as short
Variational Omni NOK0.0000%8h11.033+0.135%$137K$113Kas long as short
GRVT NOK_USDT_Perp0.0000%8h11.020+0.018%$3K$149K10xas long as short
SunX NOK-USDT0.0000%8h11.030+0.109%$827$1.4M10xas long as short
HTX NOK-USDT0.0000%8h11.000−0.163%$9K$5K10xas long as short
Show all 16 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex NOKUSDT0.0000%8h11.010−0.073%$1.6M$537K10xas long as short
Gate NOK_USDTlong+0.0009%8h11.018long leg$970K$985K50x
Lighter NOK+0.0032%1h11.009−0.082%10xas long as short
Vest NOK-PERP+0.0046%1h11.000−0.163%10xas long as short
KuCoin NOKUSDTM+0.0100%8h11.020+0.018%$300K$342K20xas long as short
tradeXYZ xyz:NOK+0.0380%1h11.006−0.109%$4.2M$1.1M10xas long as short